Upstox Vs Samco

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Upstox 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.

Upstox Vs Samco Comparison

Here is a point by point comparison of Upstox 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.

On the other hand, Upstox is a discount broker as well launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.

It can become very difficult to decide between two discount brokers who are almost similar in their propositions but still are different in areas that can make or break for customers. Thus, to make things easy for you, we have listed out the comparison between Upstox and 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

Upstox 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.



	Samco Review	Upstox Review
OVERVIEW
Broker Type	Discount Broker	Discount Broker
Incorporated In the Year	2015	2012
Number of branches across India	1	3
Exchanges	BSE, NSE, MCX-SX, MCX and NCDEX	NSE, BSE, MCX and MCX – SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹800-₹1400	₹150
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹150
Transaction Charges	Samco Transaction Charges	Upstox Transaction Charges
BROKERAGE
Equity Delivery	₹20 or 0.2% per executed trade whichever is lower	₹0
Intraday Delivery	₹20 or 0.02% per executed trade whichever is lower	₹20 per executed order
Equity Futures	₹20 or 0.02% per executed trade whichever is lower	₹20 per executed order
Equity Options	₹20 per executed trade	₹20 per executed order
Currency Futures	₹20 or 0.02% per executed trade whichever is lower	₹20 per executed order
Currency Options	₹20 per executed trade	₹20 per executed order
Commodity	₹20 or 0.02% per executed trade whichever is lower	₹20 per executed order
Calculate Brokerage	Samco Brokerage Calculator	Upstox Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 4 times	Upto 20 times Intraday
Equity Futures	Upto 4 times	Upto 4 times for Intraday
Equity Options	Upto 4 times	Upto 4 times for Intraday
Currency Futures	Upto 4 times	Upto 4 times for Intraday
Currency Options	Upto 4 times	Upto 4 times for Intraday
Commodities	NA	Upto 3 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	NEST, Upstox, Upstox Pro
Total BSE+NSE Complaints %age	0.10%	0.12%
OVERALL RATING
	Get a Callback	Get a Call Back

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 Upstox Vs Samco for the benefits of other readers? Please feel free to share in the comments below. Your experiences can work as learning for others.