Samco Vs Networth Direct
| |Samco Vs Networth Direct 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.
Samco Vs Networth Direct Comparison
Here is a point by point comparison betweenĀ Samco Vs Networth Direct.
Samco is a discount broker that was incorporated recently in 2015Ā andĀ charges a flat fee per transaction from its customers.
Networth Direct (earlier called Monarch Networth) is a full-service stockbroker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality. Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Everything about Samco is Online, be it – customer service, trading, account opening and so on. Networth Direct,Ā as a full-service broker, 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 Samco Vs Networth Direct 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
Samco Vs Networth Direct 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.
Samco Review | Networth Direct Review | |
OVERVIEW | ||
Incorporated In the Year | 2015 | 1995 |
Number of branches across India | 1 | 325 |
Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX-SX, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹800-ā¹1400 | ā¹0 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Demat Account Opening Charges | ā¹0 | ā¹0 |
Demat Account Annual Maintenance Charges | ā¹400 | ā¹400 |
Transaction Charges | Samco Transaction Charges | Monarch Networth Transaction Charges |
BROKERAGE | ||
Equity Delivery | ā¹20 or 0.2% per executed trade whichever is lower | 0.3% to 0.1% |
Intraday Delivery | ā¹20 or 0.02% per executed trade whichever is lower | 0.05% to 0.03% |
Equity Futures | ā¹20 or 0.02% per executed trade whichever is lower | 0.05% to 0.03% |
Equity Options | ā¹20 per executed trade | ā¹60 to ā¹25 per lot |
Currency Futures | ā¹20 or 0.02% per executed trade whichever is lower | 0.05% to 0.03% |
Currency Options | ā¹20 per executed trade | ā¹60 to ā¹25 per lot |
Commodity | ā¹20 or 0.02% per executed trade whichever is lower | 0.05% to 0.03% |
Calculate Brokerage | Samco Brokerage Calculator | Networth Capital Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 4 times | Upto 10 times for Intraday, & 3 times for Delivery |
Equity Futures | Upto 4 times | Upto 3 times Intraday |
Equity Options | Upto 4 times | No Leverage |
Currency Futures | Upto 4 times | Upto 2 times Intraday |
Currency Options | Upto 4 times | No Leverage |
Commodities | NA | Upto 3 times 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 | MNCL Mobile, N-Easy, N-Swift |
Total BSE+NSE Complaints %age | 0.10% | 0.07% |
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 Samco Vs Networth Direct for the benefits of other readers? Please feel free to share in the comments below.