Geojit Vs Samco
| |Geojit Vs Samco comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Geojit Vs Samco Comparison
Here is a point by point comparison of Geojit Vs Samco.
Geojit is one of the prominent full-service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit also has an international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers. Samco is a member in trading segments of equity cash and derivative of both NSE and BSE.
Everything about discount brokers such as Samco is Online, be it – customer service, trading, account opening etc. Full-service brokers such as Geojit, on the other hand, will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Geojit Vs Samco to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Geojit Vs Samco Details
Samco Review | Geojit BNP Paribas Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2015 | 1987 |
Number of branches across India | 1 | 509 |
Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | BSE, NSE, MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹800-₹1400 | ₹425 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
Transaction Charges | Samco Transaction Charges | Geojit BNP Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | 0.3% |
Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
Equity Options | ₹20 per executed trade | ₹125 per contract |
Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.03% |
Currency Options | ₹20 per executed trade | ₹125 per contract |
Commodity | ₹20 or 0.02% per executed trade whichever is lower | NA |
Calculate Brokerage | Samco Brokerage Calculator | Geojit BNP Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 4 times | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum |
Equity Futures | Upto 4 times | No additional leverage for Intraday |
Equity Options | Upto 4 times | No additional leverage for Intraday |
Currency Futures | Upto 4 times | No additional leverage for Intraday |
Currency Options | Upto 4 times | No additional leverage for Intraday |
Commodities | NA | NA |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Trader, Web5, Mobile App | Selfie Platinum, Selfie Gold, Mobile App |
Total BSE+NSE Complaints | 40 | 39 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Geojit Vs Samco for the benefits of other readers? Please feel free to share in the comments below.
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