Reliance Money Vs Samco

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Reliance Money 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.

Reliance Money Vs Samco Comparison

Reliance Money is the trading arm of Reliance Capital. It was founded in the year 2006 and currently has a customer base of 7 lakh with presence in over 1700 branches.

Samco, on the other hand, is a discount broker that was incorporated in 2015 and charges a flat fee per transaction from the customers. Everything about Samco is Online, be it – customer service, trading, account opening and so on.

Reliance Money on the other hand, as a full-service broker, is a player that 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 etc.

To make things easy for you, we have listed out the comparison between Reliance Money 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

Reliance Money Vs Samco Details

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.



	Reliance Securities Review	Samco Review
OVERVIEW
Incorporated In the Year	2006	2015
Number of branches across India	1700	1
Exchanges	NSE, BSE, & MCX-SX	BSE, NSE, MCX-SX, MCX and NCDEX
ACCOUNT CHARGES
Trading Account Opening Charges	₹950	₹800-₹1400
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹400
Transaction Charges	Reliance Securities Transaction Charges	Samco Transaction Charges
BROKERAGE
Equity Delivery	0.5% to 0.08%	₹20 or 0.2% per executed trade whichever is lower
Intraday Delivery	0.05% to 0.005%	₹20 or 0.02% per executed trade whichever is lower
Equity Futures	0.05% to 0.005%	₹20 or 0.02% per executed trade whichever is lower
Equity Options	₹7 to ₹10 per lot	₹20 per executed trade
Currency Futures	0.04%	₹20 or 0.02% per executed trade whichever is lower
Currency Options	₹40 per lot	₹20 per executed trade
Commodity	NA	₹20 or 0.02% per executed trade whichever is lower
Calculate Brokerage	Reliance Securities Brokerage Calculator	Samco Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday, Upto 3 times for Delivery	Upto 4 times
Equity Futures	Upto 3 times for Intraday	Upto 4 times
Equity Options	No Leverage	Upto 4 times
Currency Futures	No Leverage	Upto 4 times
Currency Options	No Leverage	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)	InstaExpress	Trader, Web5, Mobile App
Total BSE+NSE Complaints	69	40
OVERALL RATING
	Get a Callback	Get a Callback

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 Reliance Money Vs Samco for the benefits of other readers? Please feel free to share in the comments below.