FundsIndia Vs Samco
| |Here is a point by point comparison of FundsIndia Vs Samco.
Samco is a discount broker that was recently incorporated in 2015 and charges a flat fee per transaction from the customers. Samco is relatively a fresh entrant and has been building propositions around its brokerage, trading platforms and customer service.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
FundsIndia Vs Samco Comparison
Discount brokers such as FundsIndia or Samco offer trading services at much cheaper brokerage rates and reasonable customer service.
To make things easy for you, we have listed out the comparison between FundsIndia 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.
FundsIndia Vs Samco Details
FundsIndia Review | Samco Review | |
OVERVIEW | ||
Incorporated In the Year | 2009 | 2015 |
Number of branches across India | 1 | 1 |
Exchanges | SEBI | BSE, NSE, MCX-SX, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹800-₹1400 |
Trading Account Annual Maintenance Charges | ₹200 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹400 |
Transaction Charges | FundsIndia Transaction Charges | Samco Transaction Charges |
BROKERAGE | ||
Equity Delivery | Min. ₹6, Max ₹20 | ₹20 or 0.2% per executed trade whichever is lower |
Intraday Delivery | Min. ₹6, Max ₹20 | ₹20 or 0.02% per executed trade whichever is lower |
Equity Futures | Min. ₹6, Max ₹20 | ₹20 or 0.02% per executed trade whichever is lower |
Equity Options | Min. ₹6, Max ₹20 | ₹20 per executed trade |
Currency Futures | NA | ₹20 or 0.02% per executed trade whichever is lower |
Currency Options | NA | ₹20 per executed trade |
Commodity | NA | ₹20 or 0.02% per executed trade whichever is lower |
Calculate Brokerage | FundsIndia Brokerage Calculator | Samco Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 Times | Upto 4 times |
Equity Futures | Upto 5 Times | Upto 4 times |
Equity Options | Upto 5 Times | Upto 4 times |
Currency Futures | NA | Upto 4 times |
Currency Options | NA | Upto 4 times |
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) | FundsIndia Web, FundsIndia Mobile App | Trader, Web5, Mobile App |
Complaint Percentage of Active Clients | 0.02% | 0.10% |
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 FundsIndia Vs Samco for the benefits of other readers? Please feel free to share in the comments below.
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