About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a...
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...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in 0, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India.
SBI Securities | SAMCO | |
---|---|---|
Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 2001 | 0 |
Number of Branches | 117 | 0 |
SBI Securities trading account opening charges is Rs 0 while SAMCO account opening changes is Rs 0 (Free). SBI Securities Demat Account AMC Charges is Rs 0 and SAMCO Demat Account AMC Charges is Rs 400.
SBI Securities | SAMCO | |
---|---|---|
Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 0 | Rs 400 |
SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order whereas 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).
Account Type | SBI Securities Suvidha | SAMCO Standard |
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Fixed Charges | NA | |
Equity Delivery | 0.50% | Rs 20 per trade or 0.50% (whichever is lower) |
Equity Intraday | Rs 20 per order | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.05% | Rs 20 per trade or 0.05% (whichever is lower) |
Equity Options | Rs 50 per lot (sell and buy side) | Rs 20 per trade |
Currency Futures | Rs 20 per lot | Rs 20 per trade or 0.05% (whichever is lower) |
Currency Options | Rs 20 per lot | Rs 20 per trade |
Commodity Futures | 0.05% | Rs 20 per trade or 0.05% (whichever is lower) |
Commodity Options | Rs 50 (sell and buy side) | |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | 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. |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments |
Other Charges | ||
Call & Trade Charges | Free | Rs 20 per executed order |
SBI Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
SBI Securities | SAMCO | |
---|---|---|
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) |
The trading platforms offered SBI Securities include SBI Smart Web, SBI Smart Mobile. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.
SBI Securities | SAMCO | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | SBI Smart Web, SBI Smart Mobile | Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star |
Intraday Square-off Time | 2:45 PM | 3:15 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | Margin Products - CashPlus, StockPlus, and BTPT | |
SBI Securities is rated of 5 based on 165 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
SBI Securities | SAMCO | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | 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. |
SBI Securities | SAMCO | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
SBI Securities | SAMCO | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
SBI Securities | SAMCO | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
SBI Securities | SAMCO | |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O