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Upstox Vs SAMCO Comparison: Find the Best Discount Broker

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Upstox vs SAMCO – Comparison

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.

Top Features:

Upstox:

  1. No brokerage charges on trading on equity delivery.
  2. The brokerage fee structure is flat fee-based.
  3. Don’t facilitate trade in the commodity, mutual funds, forex, SIP & insurance. 
  4. Margin Money criteria are absent. 

Samco:

  1. No minimum brokerage charges.
  2. ALGO trading facility available. 
  3. Flat fee on commodity trading.
  4. Free trading & DEMAT account opening.
  5. Don’t have any brokerage plan to offer. 
Upstox Vs. SAMCO
Upstox Vs SAMCO

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.

OverviewUpstoxSAMCO
Company TypePrivatePrivate
Broker TypeDiscount BrokerDiscount Broker
HeadquartersMumbai, IndiaMumbai, India
FounderRaghu Kumar,
Ravi Kumar &
Shrinivas Vishvanath
Vipul Modi
Established Year20092015

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.

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Customer RatingsUpstoxSAMCO
Experience5.3/105.5/10
Products & Services6.5/106.0/10
Brokerage Charges & Fees9.5/108.5/10
Stock Research & Advisory3.0/103.0/10
Trading Platforms6.5/106.2/10
Overall Ratings6.2/105.8/10
Star Ratings★★★☆☆★★★☆☆

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.

Demat ServicesUpstoxSAMCO
Depository SourceCDSLCDSL
Account Opening ChargesRs.150Free
Demat AMC ChargesRs.150 per AnnumFree
Trading AMC ChargesFreeRs.400 per annum
Margin MoneyZeroZero
Offline to OnlineNoNo

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 & FeesUpstox Brokerage SAMCO Brokerage
Equity Delivery TradingZero0.2% or Rs.20
Equity Intraday TradingRs.200.02% or Rs.20
Commodity Options TradingRs.200.02% or Rs.20
Equity Futures TradingRs.200.02% or Rs.20
Equity Options TradingRs.20 per lotRs.20 per lot
Currency Futures TradingRs.200.02% or Rs.20
Currency Options TradingRs.20 per lotRs.20 per lot
Minimum BrokerageRs.20As per Transaction
Demat AMC ChargesRs.150 per annumFree
Trading AMC ChargesFreeRs.400 per annum
Margin MoneyZeroZero

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.

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Other ChargesUpstoxSAMCO
Transaction Charges0.00275% of Gross Revenue0.00325% of Gross Revenue
STT charges0.0126% of Gross Revenue0.0126% of Gross Revenue
SEBI Turnover Charges0.0002% of Gross Revenue0.0002% of Gross Revenue
Stamp Duty chargesDepends on State (very minimal)Depends on State (very minimal)
GST charges18% 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.

OffersUpstoxSAMCO
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.

ServicesUpstoxSAMCO
Demat Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robo Advisory
PMS
Trading Institution
Trading ExposureMaximum 20xMaximum 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.

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Research & AdvisoryUpstoxSAMCO
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

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 / LeverageUpstox MarginSAMCO Margin
Equity DeliveryMaximum 5xMaximum 5x
Equity IntradayMaximum 20xMaximum 10x
Equity FuturesMaximum 7xMaximum 5x
Equity OptionsMaximum 8xNo
Currency FuturesMaximum 5xMaximum 5x
Currency OptionsMaximum 6xNo
CommoditiesMaximum 7xMaximum 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.

ProductsUpstoxSAMCO
Equity Trading
Commodity TradingNo
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

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.

Trading PlatformsUpstoxSAMCO
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
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

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.

Customer SupportUpstoxSAMCO
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Support Number022 – 6130 9999022 – 2222 7777
Email Support
Chat Support
Toll-Free Number
BranchesZero
Samco Free Demat account
Upstox Vs SAMCO – Samco Free Demat account

Comparison of Grievances Handled: 

A clear comparison of Grievances is mentioned below.

Complaints (Current Year)UpstoxSAMCO
Lodged in BSE18589
Resolved in BSE12656
Lodged in NSE175114
Resolved in NSE13978

Conclusion:

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.

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