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SAMCO Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO

Monarch Networth Logo

About Monarch Networth
Incorporated in 1993, Monarch Networth Capital Limited (MNCL) is a full-service broker that offers a cost-effective fee structure and multiple product offerings. The company is an accredited stock broker with BSE, NSDL, MCX, NCDEX, NMCE & DGCX and uses NSDL and CDSL for custodial services. It is also registered with AMFI for mutual fund distribution. Monarch Networth Capital Key Offerings Product Range Equities, derivatives, commodities, mutual funds, IPOs, and NPS Life, health, ... Know more about Monarch Networth

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SAMCO Vs Monarch Networth

Incorporated in 0, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India. Incorporated in 1993, Monarch Networth is a Full Service Broker. It offers trading at BSE, NSE, MCX & NCDEX. It has 71 branches across India.

 SAMCOMonarch Networth
Type of BrokerDiscount BrokerFull Service Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE, MCX & NCDEX
Year of Incorporation01993
Number of Branches071
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SAMCO Vs Monarch Networth Charges & AMC

SAMCO trading account opening charges is Rs 0 (Free) while Monarch Networth account opening changes is Rs 0 (Free). SAMCO Demat Account AMC Charges is Rs 400 and Monarch Networth Demat Account AMC Charges is Rs 350 PA.

 SAMCOMonarch Networth
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 400Rs 350 PA

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SAMCO Vs Monarch Networth Brokerage

SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower) whereas Monarch Networth brokerage charges for equity is 0.15% and intraday is 0.01%.

Account TypeSAMCO StandardMonarch Networth General Plan
Fixed ChargesNA
Equity DeliveryRs 20 per trade or 0.50% (whichever is lower)0.15%
Equity IntradayRs 20 per trade or 0.05% (whichever is lower)0.01%
Equity FuturesRs 20 per trade or 0.05% (whichever is lower)Rs 15 per lot
Equity OptionsRs 20 per tradeRs 15 per lot
Currency FuturesRs 20 per trade or 0.05% (whichever is lower)0.01%
Currency OptionsRs 20 per tradeRs 15 per lot
Commodity FuturesRs 20 per trade or 0.05% (whichever is lower)0.01%
Commodity OptionsRs 15 per lot
Special Offer
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.
Special Offer:

FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research

SAMCO Charges Vs Monarch Networth

Minimum Brokerage0.5% per executed order for Equity Delivery and 0.05% per executed order for other segmentsRs 15 per lot
Other Charges
Call & Trade ChargesRs 20 per executed order
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SAMCO Vs Monarch Networth Leverage (Margin)

SAMCO margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Monarch Networth margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 SAMCOMonarch Networth
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare SAMCO and Monarch Networth Features

The trading platforms offered SAMCO include Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star. Monarch Networth offers trading software.

 SAMCOMonarch Networth
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformSamco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time3:15 PM3:20 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramYesNo
Other FeaturesMargin Products - CashPlus, StockPlus, and BTPT
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SAMCO Vs Monarch Networth Review

SAMCO is rated of 5 based on 26 customer reviews whereas Monarch Networth is rated of 5 based on 0 customer reviews.

 SAMCOMonarch Networth
 26 Customer Reviews    Rate SAMCO0 Customer Reviews    Rate Monarch Networth
FeesRated 3.4 starsRated undefined stars
BrokerageRated 3.8 starsRated undefined stars
Trading PlatformRated 2.8 starsRated undefined stars
Customer ServiceRated 3.2 starsRated undefined stars
Research CapabilitiesRated 2.6 starsRated undefined stars
Overall RatingRated 3.2 starsRated undefined stars
Broker RatingSAMCO is Rated 3.2 / 5 based on 26 customer reviewsMonarch Networth is Rated / 5 based on 0 customer reviews

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Contact Broker / Request A Call Back

 SAMCOMonarch Networth
Contact Broker
Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research


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SAMCO Vs Monarch Networth Investment Options

 SAMCOMonarch Networth
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDNoYes
DebtNoYes

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SAMCO Vs Monarch Networth Order Type Offered

 SAMCOMonarch Networth
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoYes
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SAMCO Vs Monarch Networth Suitable For Investor Type

 SAMCOMonarch Networth
Casual InvestorNoNo
Active InvestorNoYes
TraderYesNo

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SAMCO Vs Monarch Networth - Pros and Cons

 SAMCOMonarch Networth
Pros
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
FREE account opening! Open an Instant Account & start investing with minimum brokerage along with benefit of research.
Cons
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).

Free Account Opening

  • Free account opening for all people.
  • Client-First Approach.
  • Focus on Value Creation.
  • Tech-Savvy Platforms.

This is a limited time offer. Open an instant account online and start trading today.

Reviews
Promo / Offers

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Monarch Networth Special Offer

Monarch Networth (Equity Delivery: 0.15%)

  • Free account opening for all people.
  • Pay 0.01% for Equity Intraday trades.

Open an instant Monarch Networth account  online and start trading today.

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