Upstox Vs SAMCO (Compare Upstox and SAMCO)

About Upstox

Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox tra... Know more about Upstox

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 t... Know more about SAMCO

Upstox Vs SAMCO

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Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 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.

 UpstoxSAMCO
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE, MCX, NCDEX
Year of Incorporation20120
Number of Branches40
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Upstox Vs SAMCO Charges & AMC

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Upstox trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and SAMCO Demat Account AMC Charges is Rs 400.

 UpstoxSAMCO
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 150Rs 400

Upstox Vs SAMCO Brokerage

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Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower 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 TypeUpstox DefaultSAMCO Standard
Fixed ChargesNANA
Equity DeliveryRs 20 per executed order or 2.5% whichever is lowRs 20 per trade or 0.50% (whichever is lower)
Equity IntradayRs 20 per executed order or 0.05% whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Equity FuturesRs 20 per executed order or 0.05% whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 20 per executed orderRs 20 per trade
Currency FuturesRs 20 per executed order or 0.05% whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 20 per executed orderRs 20 per trade
Commodity FuturesRs 20 per executed order or 0.05% whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 20 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for delivery, 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.

Upstox Charges Vs SAMCO

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Minimum Brokerage0.05%0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other ChargesAuto Square-off Charges: Rs 50
Call & Trade ChargesRs 20 per tradeRs 20 per executed order
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Upstox Vs SAMCO Leverage (Margin)

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Upstox 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.

 UpstoxSAMCO
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 Upstox and SAMCO Features

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The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

 UpstoxSAMCO
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)NoYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformUpstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android AlgolaSamco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time3:00 PM3:15 PM
Trading In SME Shares Allowed?YesNo
Referral ProgramYesYes
Other FeaturesOption strategy builderMargin Products - CashPlus, StockPlus, and BTPT
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Upstox Vs SAMCO Review

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Upstox is rated of 5 based on 150 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.

 UpstoxSAMCO
 150 Customer Reviews    Rate Upstox26 Customer Reviews    Rate SAMCO
FeesRated 3.3 starsRated 3.4 stars
BrokerageRated 3.3 starsRated 3.8 stars
Trading PlatformRated 2.6 starsRated 2.8 stars
Customer ServiceRated 2.3 starsRated 3.2 stars
Research CapabilitiesRated 2.2 starsRated 2.6 stars
Overall RatingRated 2.4 starsRated 3.2 stars
Broker RatingUpstox is Rated 2.4 / 5 based on 150 customer reviewsSAMCO is Rated 3.2 / 5 based on 26 customer reviews

Contact Broker / Request A Call Back

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 UpstoxSAMCO
Contact Broker
Pay flat Rs 20 per trade for delivery, 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.

Upstox Vs SAMCO Investment Options

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 UpstoxSAMCO
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsNoYes
Bond / NCDNoNo
DebtNoNo

Upstox Vs SAMCO Order Type Offered

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

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 UpstoxSAMCO
Casual InvestorYesNo
Active InvestorYesNo
TraderYesYes

Upstox Vs SAMCO - Pros and Cons

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 UpstoxSAMCO
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.
Cons
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews
Promo / Offers

Upstox Special Offer

Exclusive offer by Upstox

  • Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades.
  • Pay Rs 0 commission for Mutual Funds.

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

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.

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