A Side-by-Side Comparison of Samco vs Zerodha
Have you been looking to invest your hard-earned money lately? Is your mind cluttered with several questions including brokerage charges, feasibility of account opening and which discount broker to go with in the first place? If this seems familiar then this post will help you a huge deal. In this post we will help you with a side-by-side Samco vs Zerodha comparison.
We know that you want to go for the best. We have taken into consideration several parameters while making this comparison inclusive of brokerage plans, customer service, feasibility of account opening, various plans, maintenance fees, customers’ reviews and ratings, mobile apps and trading platforms among others. So, let’s get started.
Samco Vs. Zerodha: Overall Rating
If you compare Samco with Zerodha, Zerodha clearly has an edge here. Zerodha has an overall rating of 4.5 out of 5 as compared to Samco’s 4 out of 5. Going by the rating, Zerodha is a preferred choice. The brokerage is same for both which is maximum Rs. 20 per trade.
Brokerage Charges
Zerodha is rated 4.5 out of 5 for brokerage charges while Samco is rated 4 out of 5. Both are discount brokers and renowned ones indeed known for great investment offerings and options. You can go to the Zerodha website and use Zerodha margin calculator for margin calculation. Zerodha charges Equity delivery free while Samco charges 0.2 percent or Rs. 20 whichever is lower. Zerodha’s Equity intraday charges are 0.01 percent or Rs. 20 whichever is lower while for Samco it is 0.02 percent or Rs. 20 whichever is lower.
Call & trade charges are Rs. 20 per executable order for Zerodha while for Samco it is Rs. 20 per executable order but first 20 C&T are absolutely free.
Exchanges Supported
Exchanges supported is one crucial aspect while making a Samco vs Zerodha comparison. Names of exchanges supported by Zerodha are BSE, NSE, MCX-SX and MCX while Samco supports BSE, NSE, MCX-SX and NCDEX.
Account Opening: Samco Vs Zerodha
Let’s take a look at trading and demat account opening charges. Zerodha charges Rs. 200 for opening a trading account while Samco charges nothing. For demat AMC Samco charges Rs. 300 while Zerodha charges Rs. 400. Demat account opening fees is Rs. 100 and zero for Zerodha and Samco respectively. Both provide DP service.
Hope you found the post useful. You can keep in mind the Samco vs Zerodha comparison mentioned above while making a decision. At any point you need to extract more information about them, their plans, brokerage charges or how to make the most of Zerodha margin calculator, feel free to get in touch with us.
Happy Trading!
