Introduction
These are the famous broking organizations of the Share market. They are providing so many trading related services to their consumers. Only a detailed comparison of 5Paisa vs SAMCO can lead a trader to the better option.
5Paisa is a well-known name in the discount broking industry offering ‘Lowest Brokerage Expense of India’ (flat 20 Rupees brokerage fees).
Also, they offer almost all investment products to their investors including all varieties of insurance products.
On the other hand, SAMCO is a Mumbai based discount broker house incorporated in 2014.
It is famous for the lowest brokerage and marginal trading offers. Being a discount broker SAMCO doesn’t have any branch and offline support system.
Specification
5Paisa:
- Offers free mutual fund suggestions & brokerage.
- Flat brokerage charge of @INR. 10/-.
- Online term insurance is offered as other investment options.
- Paperless account opening enabled only with Aadhaar.
- It offers one of the best-equipped platforms for trading.
- Robot enabled platform for investment advising and trading.
SAMCO:
- No monthly plan option.
- No physical branch available.
- Lowest brokerage charge.
- It offers free trading tools.
Overall Customer Service
Comparing 5Paisa & SAMCO based on overall customer service we derived the below-mentioned details.
Here we have compared both the brokers considering brokerage fee, trading media, products & customer assistance.
| Particulars | 5paisa | SAMCO |
| Overall Rating | ★★★★ | ★★★★ |
| Brokerage Charges | ★★★★ | ★★★★ |
| Trading Platform | ★★★★ | ★★★★ |
| Investments Offering | ★★★★ | ★★★ |
| Customer Service | ★★★★ | ★★★★ |
| Broker Type | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE | BSE, NSE, MCX, MCX-SX,NCDEX |
5Paisa Vs SAMCO AOF & AMC:
Assessing 5Paisa & SAMCO based on account opening fee and account maintenance fee we get the below details.
As per the table, 5Paisa provides free trading AMC & free DEMAT account opening facilities.
Whereas, SAMCO facilitates free trading & DEMAT account opening and free trading AMC.
| Particulars | 5paisa | SAMCO |
| Trading Account Opening Fees | 650 Rupees (Free Now Promotion Offer) | Free |
| Trading AMC | Free | Free |
| DEMAT Account Opening Fees | Free | Free |
| DEMAT AMC | 45 Rupees PM if Trade, else Zero | 400 Rupees PA |
| Provide DP Service | ✔ | ✔ |
Compare Brokerage Plans
Considering 5Paisa vs SAMCO based on brokerage plan we developed these details. Both brokers don’t have any brokerage plans to offer their customers.
| Particulars | 5paisa Brokerage | SAMCO Brokerage |
| Multiple Plans | Yes | No |
| Monthly Plans | Yes | No |
| Yearly Plans | No | No |
Considering the brokerage charge we here have compared 5Paisa & SAMCO in the below table.
Both 5Paisa and SAMCO offers flat fee-based brokerage charge & both don’t charge a minimum brokerage fee.
| Particulars | 5paisa | SAMCO |
| Plan Name | Flat Fee 20 Rupees Trading Plan | Max 20 Rupees Per Order Trading Plan |
| Equity Delivery | Flat Fee 20 Rupees | 0.2% or 20 Rupees whichever is lower |
| Equity Intraday | Flat Fee 20 Rupees | 0.02% or 20 Rupees whichever is lower |
| Equity Futures | Flat Fee 20 Rupees | 0.02% or 20 Rupees whichever is lower |
| Equity Options | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Currency Futures | Flat Fee 20 Rupees | 0.02% or 20 Rupees whichever is lower |
| Currency Options | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Commodity Trading | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Minimum Brokerage | NA | NIL |
| Hidden Charges | No | Info Not Available |
| Funding | Yes – 18% interest PA | Info Not Available |
| Call & Trade Charges | 100 Rupees per call(No limit of orders) | 20 Rupees per Executed order, with First 20 C&T are free |
Transaction Fees
Based on the transaction fee structure we here have compared 5Paisa & SAMCO as below.
Here we can see excluding the equity delivery & intraday, in all the other segments SAMCO is quite expensive than 5Paisa in terms of transaction charge.
| Particulars | 5paisa | SAMCO |
| Equity Delivery | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Intraday | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Futures | 190 Rupees Per Cr | 210 Rupees Per Cr |
| Equity Options | 5000 Rupees Per Cr | 5300 Rupees Per Cr |
| Currency Futures | 110 Rupees Per Cr | 135 Rupees Per Cr |
| Currency Options | 4000 Rupees Per Cr | 4400 Rupees Per Cr |
| Commodity | NA | Non-Agri: 360 Rupees Per Cr Agri: 275 Rupees Per Cr |
5Paisa Vs SAMCO Account Feature
Almost all kinds of account features is provided by them. In case of account feature, we here have compared 5Paisa vs SAMCO as below:
| Particulars | 5paisa | SAMCO |
| 3 in 1 Account | No | No |
| Charting | ✔ | ✔ |
| Algo Trading | ✔ | ✔ |
| SMS Alerts | ✔ | ✔ |
| Online Demo | ✔ | ✔ |
| Online Portfolio | No | No |
| Margin Trading Funding Available | ✔ | ✔ |
| Combined Ledger for Equity and Commodity | ✔ | No |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| NRI Trading | No | ✔ |
| Other Features | NIL | NIL |
Compare Trading Platform
Comparing 5Paisa and SAMCO based on trading terminal offering we get the below details. It includes desktop platforms, web trading platforms, mobile sites, etc.
| Particulars | 5paisa | SAMCO |
| Desktop Trading Platform | 5paisaTradeStation | SAMCO Trader |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | No | No |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | www.5paisa.com/online-trading | trade.samco.in/Samruddi/Login/indexauth.jsp |
| Mobile Site | ✔ | ✔ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | 5paisa Mobile App | StockNote |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | ✔ | No |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | ✔ | No |
| Trading Software Charges | Free | Free |
5Paisa and SAMCO Products:
Assessing 5Paisa or SAMCO based on their product offering we derived the below comparison.
| Particulars | 5paisa | SAMCO |
| Equity Cash and F&O | ✔ | ✔ |
| Currency Derivatives | ✔ | ✔ |
| Commodity | ✔ | ✔ |
| Online IPO Application | No | No |
| Mutual Funds | ✔ | No |
| Bond / NCD | ✔ | No |
| ETF | ✔ | ✔ |
| Banking | No | No |
| Insurance | ✔ | No |
| Forex | No | No |
| MF SIP Investment | ✔ | No |
| Equity SIP Investment | No | No |
| PMS Service | No | No |
| Other Investment Options | NIL | NIL |
5Paisa Vs SAMCO Margin
Considering the leverage we here compared 5Paisa & SAMCO in the below table:
| Particulars | 5paisa Margin | SAMCO Margin |
| Equity Delivery Margin | Maximum 3.5x through Margin Funding system. | Maximum 4x on equity delivery with CashPlus. |
| Equity Intraday Margin | Maximum 10x or 10% subject to Var and ELM. | Maximum 10x or 10% subject to Var and ELM. |
| Futures Margin | 1x or the particular SPAN + Leverage. | 1x or the particular SPAN + Leverage. |
| Options Margin | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. |
| Equity CO Margin | Maximum 10x or 10% subject to Var and ELM, no further leverage charges are included for Cover Order. | Maximum 10x or 10% subject to Var and ELM, no further leverage charges are included for Cover Order. |
| Futures CO Margin | 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order. | 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order. |
| Options CO Margin | 1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), No further leverage charges are included for Options Cover Order. | 1x or the particular SPAN + Exposure margin(Selling a share) or Premium Margin(Buying a share), No further leverage charges are included for Options Cover Order. |
| Commodity Margin | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. | 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share. |
Customer Care support
Brokers provide multiple paths /channels to their investors to reach them so that they can assist the customers in a better way.
Here we compared 5Paisa & SAMCO based on their customer assistance in the below table.
| Particulars | 5paisa | SAMCO |
| 24/7 Customer Service | No | No |
| Email Support | ✔ | ✔ |
| Onine Live Chat | No | No |
| Phone Support | ✔ | ✔ |
| Toll-Free Number | No | ✔ |
| Through Branches | No | No |
| Customer Care Number | “+91 89766 89766” | “+91-22-2222-7777 “ |
| Account Opening Process | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | Info Not Available |
| Knowledge Center/Education | 5paisa.com/knowledge-centre | samco.in/knowledge-center/ |
| Head Office Address | 5paisa headquarters Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate,Thane – 400604 | SAMCO Securities Limited 1004 – A, 10th Floor, Naman Midtown – A Wing, Senapati Bapat Marg, Elphinstone Road,Mumbai – 400 013, Maharashtra, India. |
| Website | 5paisa.com | samco.in |
Compare DEMAT Account Feature
Here we compared 5Paisa & SAMCO based on their DEMAT account feature:
| Particulars | 5paisa | SAMCO |
| DP Source | CDSL | CDSL |
| DP ID | 82500 | 54200 |
| Demat Account Annual Maintenance Charges(AMC) | Monthly Plan – INR.45 (In case of any transaction in a month) | INR.400 pa |
| Advance Deposit | NIL | NIL |
| Statutory charges | Nil | Stamp Charges |
| Transaction Charges on Debit (Per ISIN) | 0.025% or INR.25 whichever is higher + CDSL charges | INR.10 |
| Demat | INR.15 per certificate | INR.10 per certificate + INR.50 courier charges |
| Remat | INR.15 for every hundred securities or INR.15 per certificate whichever is higher | CDSL charges + INR.50 courier charges |
| Pledge Creation | INR.50 | INR.25 per transaction |
| Pledge Creation Confirmation | NIL | Nil |
| Pledge Closure | NIL | INR.25 per transaction |
| Pledge Closure Confirmation | NIL | Nil |
| Pledge Invocation | NIL | INR.25 per transaction |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
Conclusion
5Paisa & SAMCO both are renowned in discount brokering segments for offering different facilities to investors. In this comparison, we have seen both the brokers are quite similar to each other in terms of brokerage charge offering, product offering, customer support & trading facilities.
But an investor should go through every major and minor information about 5Paisa vs SAMCO the brokers before choosing and deciding to invest.
