Zerodha Vs Samco

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Zerodha 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.

Zerodha Vs Samco Comparison

Zerodha is one of the leading discount brokers in India which was founded in 2010. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage. The broker is based out of Bangalore.

Samco, on the other hand, is a discount broker that was recently incorporated in 2015 and charges a flat fee per transaction from the customers. On one hand, Zerodha has been there in the market for a while and understands the concept of discount stockbroking and how it helps traders.

On the other hand, Samco is relatively a fresh entrant and has been building propositions around its brokerage, trading platforms and customer service.

In a short span of time, Samco has been able to gain some traction while Zerodha keeps on innovating from different aspects to keep its momentum rolling among traders and investors.

Also Read: Groww Vs Zerodha

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 Zerodha 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 preference 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.

Zerodha Vs Samco Details

This is how both these stockbrokers stack up against each other:



	Zerodha Review	Samco Review
OVERVIEW
Incorporated In the Year	2010	2015
Number of branches across India	11	1
Exchanges	BSE, NSE, MCX, MCX-SX	BSE, NSE, MCX, MCX-SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹200 (₹300 if you want to Zerodha to courier account opening forms)	₹800-₹1400
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹100	₹0
Demat Account Annual Maintenance Charges	₹300	₹400
Transaction Charges	Zerodha Transaction Charges	Samco Transaction Charges
BROKERAGE
Equity Delivery	₹0	₹20 or 0.2% per executed trade whichever is lower
Intraday Delivery	0.01% or ₹20 per trade whichever is lower	₹20 or 0.02% per executed trade whichever is lower
Equity Futures	0.01% or ₹20 per trade whichever is lower	₹20 or 0.02% per executed trade whichever is lower
Equity Options	0.01% or ₹20 per trade whichever is lower	₹20 per executed trade
Currency Futures	0.01% or ₹20 per trade whichever is lower	₹20 or 0.02% per executed trade whichever is lower
Currency Options	0.01% or ₹20 per trade whichever is lower	₹20 per executed trade
Commodity	0.01% or ₹20 per trade whichever is lower	₹20 or 0.02% per executed trade whichever is lower
Calculate Brokerage	Zerodha Brokerage Calculator	Samco Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 5 times for Intraday	Upto 4 times
Equity Futures	Upto 5 times to 20 times for Intraday	Upto 4 times
Equity Options	Upto 5 times to 20 times for Intraday	Upto 4 times
Currency Futures	Upto 5 times for Intraday	Upto 4 times
Currency Options	Upto 5 times for Intraday	Upto 4 times
Commodities	Upto 5 times for Intraday	NA
Margin	Zerodha Margin	Samco Margin
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
Customer Care	Zerodha Customer Care	Samco Customer Care
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)	Zerodha Pi, Zerodha Kite, Zerodha Kite Mobile App, NEST Trader	Samco StockNote, Samco Mobile App, Trader, Web5
Complaint Percentage of Active Clients	0.02%	0.04%
OVERALL RATING
	Get a Call Back	Get a Callback

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

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 Zerodha Vs Samco for the benefits of other readers?

Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.