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5Paisa Vs SAMCO Comparison- Which is Better?

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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. 

5Paisa Vs SAMCO Comparison

Specification 

5Paisa:

  1. Offers free mutual fund suggestions & brokerage. 
  2. Flat brokerage charge of  @INR. 10/-. 
  3. Online term insurance is offered as other investment options.
  4. Paperless account opening enabled only with Aadhaar. 
  5. It offers one of the best-equipped platforms for trading. 
  6. Robot enabled platform for investment advising and trading. 

SAMCO: 

  1. No monthly plan option.
  2. No physical branch available.
  3. Lowest brokerage charge.
  4. 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. 

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 Particulars5paisaSAMCO
Overall Rating★★★★★★★★
Brokerage Charges★★★★★★★★
Trading Platform★★★★★★★★
Investments Offering★★★★★★★
Customer Service★★★★★★★★
Broker Type Discount BrokerDiscount Broker
Exchanges Supported BSE, NSEBSE, 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. 

Particulars5paisaSAMCO
Trading Account Opening Fees650 Rupees
(Free Now Promotion Offer)
Free
Trading AMCFreeFree
DEMAT Account Opening FeesFreeFree
DEMAT AMC45 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. 

Particulars5paisa Brokerage SAMCO Brokerage
Multiple PlansYesNo
Monthly PlansYesNo
Yearly Plans NoNo

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. 

Particulars5paisaSAMCO
Plan NameFlat Fee 20 Rupees Trading PlanMax 20 Rupees Per Order Trading Plan
Equity DeliveryFlat Fee 20 Rupees0.2% or 20 Rupees whichever is lower
Equity IntradayFlat Fee 20 Rupees0.02% or 20 Rupees whichever is lower
Equity FuturesFlat Fee 20 Rupees0.02% or 20 Rupees whichever is lower
Equity OptionsFlat Fee 20 RupeesFlat Fee 20 Rupees
Currency FuturesFlat Fee 20 Rupees0.02% or 20 Rupees whichever is lower
Currency OptionsFlat Fee 20 RupeesFlat Fee 20 Rupees
Commodity TradingFlat Fee 20 RupeesFlat Fee 20 Rupees
Minimum BrokerageNANIL
Hidden ChargesNoInfo Not Available
FundingYes – 18% interest PAInfo Not Available
Call & Trade Charges100 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. 

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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. 

Particulars5paisaSAMCO
Equity Delivery325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday325 Rupees Per Cr325 Rupees Per Cr
Equity Futures190 Rupees Per Cr210 Rupees Per Cr
Equity Options5000 Rupees Per Cr5300 Rupees Per Cr
Currency Futures110 Rupees Per Cr135 Rupees Per Cr
Currency Options4000 Rupees Per Cr4400 Rupees Per Cr
CommodityNANon-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: 

Particulars5paisaSAMCO
3 in 1 AccountNoNo
Charting
Algo Trading
SMS Alerts
Online Demo
Online PortfolioNoNo
Margin Trading
Funding Available
Combined Ledger for
Equity and Commodity
No
Intraday Square-off Time3:15 PM3:15 PM
NRI TradingNo
Other FeaturesNILNIL

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.

Particulars5paisaSAMCO
Desktop Trading Platform5paisaTradeStationSAMCO Trader
Desktop Platform (Windows)
Desktop Platform (Mac)NoNo
Web Trading Platform
Web Trading Detailwww.5paisa.com/online-tradingtrade.samco.in/Samruddi/Login/indexauth.jsp
Mobile Site
Mobile Trading
Mobile Trading App5paisa Mobile AppStockNote
Android Mobile App
iPhone Mobile App (IOS)No
Android Tablet App
iPad App (IOS)No
Trading Software ChargesFreeFree

5Paisa and SAMCO Products: 

Assessing 5Paisa or SAMCO based on their product offering we derived the below comparison. 

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Particulars5paisaSAMCO
Equity Cash and F&O
Currency Derivatives
Commodity
Online IPO ApplicationNoNo
Mutual FundsNo
Bond / NCDNo
ETF
BankingNoNo
InsuranceNo
ForexNoNo
MF SIP InvestmentNo
Equity SIP InvestmentNoNo
PMS ServiceNoNo
Other Investment OptionsNILNIL

5Paisa Vs SAMCO Margin 

Considering the leverage we here compared 5Paisa & SAMCO in the below table: 

Particulars5paisa 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. 

Particulars5paisaSAMCO
24/7 Customer Service NoNo
Email Support 
Onine Live Chat NoNo
Phone Support 
Toll-Free Number No
Through Branches NoNo
Customer Care Number “+91 89766 89766”“+91-22-2222-7777 “
Account Opening Process Online/PaperlessOnline/Paperless
Customer Support Email [email protected]Info Not Available
Knowledge Center/Education 5paisa.com/knowledge-centresamco.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.comsamco.in
5paisa demat account

Compare DEMAT Account Feature

Here we compared 5Paisa & SAMCO based on their DEMAT account feature: 

Particulars 5paisaSAMCO
DP SourceCDSLCDSL
DP ID 8250054200
Demat Account Annual Maintenance Charges(AMC)Monthly Plan – INR.45 (In case of any transaction in a month)INR.400 pa
Advance DepositNILNIL
Statutory chargesNilStamp Charges
Transaction Charges on Debit (Per ISIN)0.025% or INR.25 whichever is higher + CDSL chargesINR.10
DematINR.15 per certificateINR.10 per certificate + INR.50 courier charges
RematINR.15 for every hundred securities or INR.15 per certificate whichever is higherCDSL charges + INR.50 courier charges
Pledge CreationINR.50INR.25 per transaction
Pledge Creation ConfirmationNILNil
Pledge ClosureNILINR.25 per transaction
Pledge Closure ConfirmationNILNil
Pledge InvocationNILINR.25 per transaction
Failed Instruction ChargesNilNil
Other ChargesNilNil

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.

Open Demat Account with Samco Demat Account
Open Demat Account with Samco Demat Account
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