Upstox vs SAMCO – Comparison
Page Contents Table
There are so many broking companies in the share market. Upstox Vs Samco are serving people for several years. They offer different trading products and facilities to the traders.
But to choose one of them, a trader need to know every corner of these organizations. Here is the in-depth comparison of Upstox and Samco to lead you to the better option for trading or investing.
- No brokerage charges on trading on equity delivery.
- The brokerage fee structure is flat fee-based.
- Don’t facilitate trade in the commodity, mutual funds, forex, SIP & insurance.
- Margin Money criteria are absent.
- No minimum brokerage charges.
- ALGO trading facility available.
- Flat fee on commodity trading.
- Free trading & DEMAT account opening.
- Don’t have any brokerage plan to offer.
Upstox Vs SAMCO Structure:
The basic organizational structure of Upstox and SAMCO is mentioned below. Both of them are private broking organizations. Upstox was established before 6 years of SAMCO, but still both of them are discount brokers.
|Broker Type||Discount Broker||Discount Broker|
|Headquarters||Mumbai, India||Mumbai, India|
|Founder||Raghu Kumar, |
Ravi Kumar &
Comparison of Customer Ratings:
People share their reviews and experiences in different digital platforms. We can get a general rating based on those. Though the choice depends on everyone’s personal views. Basic comparison of Upstox vs SAMCO on customer ratings is mentioned below.
|Products & Services||6.5/10||6.0/10|
|Brokerage Charges & Fees||9.5/10||8.5/10|
|Stock Research & Advisory||3.0/10||3.0/10|
Upstox Vs SAMCO AOC & AMC:
AOC and AMC charges are also important to maintain a decent trading revenue. Almost the charges are the same, but here SAMCO takes a charge for trading AMC, whereas Upstox offers this for free.
A relative comparison of Upstox & SAMCO is mentioned below.
|Account Opening Charges||Rs.150||Free|
|Demat AMC Charges||Rs.150 per Annum||Free|
|Trading AMC Charges||Free||Rs.400 per annum|
|Offline to Online||No||No|
Comparison of Brokerage Charge Structure:
Brokerage charges are also very important to maintain a decent trading revenue. Almost all the charges of these two broking organizations are the same. A clear comparative study of Upstox vs SAMCO on brokerage charges is derived here.
|Brokerage Charge & Fees||Upstox Brokerage||SAMCO Brokerage|
|Equity Delivery Trading||Zero||0.2% or Rs.20|
|Equity Intraday Trading||Rs.20||0.02% or Rs.20|
|Commodity Options Trading||Rs.20||0.02% or Rs.20|
|Equity Futures Trading||Rs.20||0.02% or Rs.20|
|Equity Options Trading||Rs.20 per lot||Rs.20 per lot|
|Currency Futures Trading||Rs.20||0.02% or Rs.20|
|Currency Options Trading||Rs.20 per lot||Rs.20 per lot|
|Minimum Brokerage||Rs.20||As per Transaction|
|Demat AMC Charges||Rs.150 per annum||Free|
|Trading AMC Charges||Free||Rs.400 per annum|
Comparison of Other Charges:
Besides, transaction and brokerage charges there are so many other charges also, like STT, GST, Stamp Duty etc. Almost all the other charges are the same in these broking organizations. A relative comparison of Upstox vs SAMCO is mentioned below.
|Transaction Charges||0.00275% of Gross Revenue||0.00325% of Gross Revenue|
|STT charges||0.0126% of Gross Revenue||0.0126% of Gross Revenue|
|SEBI Turnover Charges||0.0002% of Gross Revenue||0.0002% of Gross Revenue|
|Stamp Duty charges||Depends on State (very minimal)||Depends on State (very minimal)|
|GST charges||18% of (Brokerage + Transaction Fees)||18% of (Brokerage + Transaction Fees)|
Comparison on Offers:
Several offers are provided by these two broking organizations. But there are some differences between their offerings. These offers can also help you in your trading. A comparison of Upstox and SAMCO is mentioned below.
|Free Demat Account facility||✖||✔|
|Free Trading Account facility||✔||✖|
|Discount on Brokerage facility||✔||✔|
|Trading Happy Hours facility||✖||✖|
|Flexible Brokerage Plans facility||✖||✖|
|1 Month Brokerage Free||✖||✖|
|Holiday Offers facility||✖||✖|
|Referral Offers facility||✖||✖|
|Zero Brokerage for Loss Making Trades||✖||✖|
Comparison of Services Offered:
Several services are offered by Upstox & SAMCO. These trading services are important for better trading experience. A clear comparison of Upstox vs SAMCO is mentioned. This can make it clear to you.
So that you can choose the services you want and can decide the preferable company.
|3 in 1 Account||✖||✖|
|Trading Exposure||Maximum 20x||Maximum 10x|
Upstox Vs SAMCO Research & Advisory:
Research reports are very important to decide the further plans. You can plan your further investments by these reports and advisories. A comparative table is mentioned below.
|Research & Advisory||Upstox||SAMCO|
|Company Stock Review||✖||✖|
|Free Stock Tips||✖||✖|
|Daily Market Review||✖||✖|
Upstox Vs SAMCO Margin/ Exposure/ Leverage
Margin is also very important to consider when you are investing your money in different shares. So you need to know all the margin charges. Here is the table of margin charges of Upstox vs SAMCO.
|Exposure / Leverage||Upstox Margin||SAMCO Margin|
|Equity Delivery||Maximum 5x||Maximum 5x|
|Equity Intraday||Maximum 20x||Maximum 10x|
|Equity Futures||Maximum 7x||Maximum 5x|
|Equity Options||Maximum 8x||No|
|Currency Futures||Maximum 5x||Maximum 5x|
|Currency Options||Maximum 6x||No|
|Commodities||Maximum 7x||Maximum 5x|
Comparison of Products Offered:
Various products like features, options and much more are important to trade or invest. These products are offered by several broking organizations. Upstox and SAMCO also provide so many of them. A comparative study is mentioned below.
Upstox Vs SAMCO Trading Platforms:
Trading platforms are places, where you can access your shares or investments. Different platforms allow you to access or control your trading account and investments from anywhere. A comparison is mentioned below.
|Desktop Platform – Windows||✔||✔|
|Desktop Platform – Mac||✔||✔|
|Desktop Browser Platform||✔||✔|
|Mobile Site Platform||✔||✖|
|Android App Platform||✔||✔|
|iOS App Platform||✔||✔|
|Windows App Platform||✖||✖|
|Other Mobile OS Platform||✖||✖|
|Online MF Buy||✔||✔|
Upstox Vs SAMCO Customer Support:
The customer support system is also an important thing to solve any kind of problem regarding your investments or account.
A comparison regarding customer support of Upstox vs SAMCO is mentioned here. Though the 24*7 support is not provided by both of them. But the all-over support system is good in both of them.
|Support Number||022 – 6130 9999||022 – 2222 7777|
Comparison of Grievances Handled:
A clear comparison of Grievances is mentioned below.
|Complaints (Current Year)||Upstox||SAMCO|
|Lodged in BSE||185||89|
|Resolved in BSE||126||56|
|Lodged in NSE||175||114|
|Resolved in NSE||139||78|
All the tables and comparisons will lead you to a better broking company options. It actually depends on your personal requirements or needs.
This comparative study of Upstox vs SAMCO will inform you about every corner of these broking organizations.
Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years.
I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.