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Marwadi Shares Vs Samco
| | Broker Comparison, Trading | No Comments
Marwadi Shares 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.
Here is a point by point comparison of Marwadi Shares Vs Samco.
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.
Marwadi Shares is a Gujarat based full-service stockbroker and has around 1450 branches across different parts of the country. The broker offers low brokerage charges but has a low focus on developing its in-house trading platforms. Thus, clients must make sure to understand their requirements before opening the account.
Discount brokers such as Samco offer trading services at much cheaper brokerage rates and reasonable customer service.
Full-service brokers such as Marwadi Shares 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 Marwadi Shares 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, the 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.
 |  | |
| Samco Review | Marwadi Group Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service |
| Incorporated In the Year | 2015 | 1992 |
| Number of branches across India | 1 | 1450 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹450 per year or ₹2500 for lifetime |
| Transaction Charges | Samco Transaction Charges | Marwadi Shares 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 | 0.06% |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.02% |
| Equity Options | ₹20 per executed trade | ₹100 per lot |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | 0.02% |
| Currency Options | ₹20 per executed trade | ₹100 per lot |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | 0.02% |
| Calculate Brokerage | Samco Brokerage Calculator | Marwadi Group Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 10 times for Intraday, 2 times for Delivery |
| Equity Futures | Upto 4 times | 2 times for Intraday |
| Equity Options | Upto 4 times | 4 times for Intraday |
| Currency Futures | Upto 4 times | 2 times for Intraday |
| Currency Options | Upto 4 times | 4 times for Intraday |
| Commodities | NA | 2 times for Intraday |
| 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 | ODIN Diet, NSE Now, Marwadi Trade Mobile App |
| Complaints percentage | 0.10% | 0.01% |
| OVERALL RATING |  |  |
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Marwadi Shares Vs Samco
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