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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

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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... Know more about SAMCO

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Upstox Vs SAMCO

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Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

 UpstoxSAMCO
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE, MCX
Year of Incorporation20121995
Number of Branches0
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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 300 (Free for 1st Year) and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).

 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 300 (Free for 1st Year)First Year: Free, Rs 400 (Free for 1st year)

Upstox Vs SAMCO Brokerage

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Upstox Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order or 0.1% whichever islower whereas SAMCO brokerage charges for equity is 0.5% of the transaction value or ₹20 per executed order and Intraday is 0.5% of the transaction value or ₹20 per executed order.

Account TypeUpstox DefaultSAMCO Standard
Fixed ChargesNANA
Equity DeliveryRs 20 per executed order0.5% of the transaction value or ₹20 per executed order
Equity IntradayRs 20 per executed order or 0.1% whichever islower0.5% of the transaction value or ₹20 per executed order
Equity FuturesRs 20 per executed order or 0.05% whichever is lower0.5% of the transaction value or ₹20 per executed order
Equity OptionsRs 20 per executed order₹20 per executed order (or 0.5% of the transaction value, whichever is lower).
Currency FuturesRs 20 per executed order or 0.05% whichever is lower0.5% of the transaction value or ₹20 per executed order (whichever is lower).
Currency OptionsRs 20 per executed order₹20 per executed order (or 0.5% of the transaction value,
Commodity FuturesRs 20 per executed order or 0.05% whichever is lower0.5% of the transaction value or ₹20 per
Commodity OptionsRs 20 per executed order₹20 per executed order (or 0.5% of the transaction value)
Special Offer
Special Offer:

Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds

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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 75Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order
Call & Trade ChargesRs 75 per tradeRs 50 + GST
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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 trading is up to 20% of the trade value (4x 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 Mobile App, Upstox Pro Web. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.

 UpstoxSAMCO
3 in 1 AccountNoNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformUpstox Pro Mobile App, Upstox Pro WebSamco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star
Intraday Square-off Time3:00 PM3:15 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramYesYes
Other FeaturesOption strategy builder, Chart360Stock SIP, US Stocks
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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

Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds

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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 FundsYesYes
Bond / NCDYesYes
DebtYesNo

Upstox Vs SAMCO Order Type Offered

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

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 UpstoxSAMCO
Casual InvestorYesYes
Active InvestorYesYes
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

Trade Smarter With Upstox

  • ₹20/order on Intraday, delivery, and F&O
  • ₹0 Commission on Mutual Funds
  • ₹0 Account Opening charges
  • ₹0 AMC for the first year
  • Pro Trading Platforms with Advanced Tools

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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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Side-by-Side Comparison of Broker

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