SAMCO Vs INDmoney (Compare SAMCO and INDmoney)

SAMCO Vs INDmoney

Incorporated in 0, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	SAMCO	INDmoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	0	2019
Number of Branches	0	1
		Open INDmoney Account

SAMCO Vs INDmoney Charges & AMC

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

	SAMCO	INDmoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400	Rs 0

SAMCO Vs INDmoney 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 INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account Type	SAMCO Standard	INDmoney Standard Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per trade or 0.50% (whichever is lower)	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	Rs 20 per trade or 0.05% (whichever is lower)	0.05% of order value or Rs 20, whichever is lower
Equity Futures	Rs 20 per trade or 0.05% (whichever is lower)	Rs 20 per executed order
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per trade
Commodity Futures	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

SAMCO Charges Vs INDmoney

Minimum Brokerage	0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments	Rs 2
Other Charges
Call & Trade Charges	Rs 20 per executed order	Rs 500
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SAMCO Vs INDmoney Leverage (Margin)

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

	SAMCO	INDmoney
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up 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 INDmoney Features

The trading platforms offered SAMCO include Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

	SAMCO	INDmoney
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star	INDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Margin Products - CashPlus, StockPlus, and BTPT
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SAMCO Vs INDmoney Review

SAMCO is rated of 5 based on 26 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

	SAMCO	INDmoney
	26 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	SAMCO is Rated 3.2 / 5 based on 26 customer reviews	INDmoney is Rated 4.0 / 5 based on 1 customer reviews

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SAMCO Vs INDmoney Investment Options

	SAMCO	INDmoney
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

SAMCO Vs INDmoney Order Type Offered

	SAMCO	INDmoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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SAMCO Vs INDmoney Suitable For Investor Type

	SAMCO	INDmoney
Casual Investor
Active Investor
Trader

SAMCO Vs INDmoney - Pros and Cons

	SAMCO	INDmoney
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.	Zero-cost trading account opening. INDmoney AMC charges are Rs 0 (lifetime). Invest in Indian and US stocks from one app. Pledge & Unpledge: Rs 20 + GST per ISIN per request. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS. Family Accounts: Manage All your Family Accounts.
Cons	No branch offices. Mutual Fund investment is now available. Online IPO applications are not available. Additional charges for broker assisted traders (Call & Trade).	No Margin Trading Funding — Borrowed funds for leveraged trades are not available. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments. No 3-in-1 Account — Banking, demat, and trading are not linked together.
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.	INDmoney Special Offer Free stock trading and mutual funds Account Lifetime FREE Demat account AMC Brokerage free Mutual Fund investment Invest in Indian and US stocks from one app 4X instant wallet boost with MTF at just 0.04% interest per day Flat ₹20 brokerage per trade across all F&O segments Zero Fees on US stocks deposits and Withdrawals Track all finances and know your net worth Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today.
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