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Zerodha Vs SAMCO Comparison – Which is Better?

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Zerodha Vs SAMCO – Comparison

Both Zerodha and SAMCO offer various facilities and trading products to their traders. When an individual trader is going to choose one of them, then he needs to understand & analyze them relatively.

It will lead him to a better decision making ability. Here we have compared Zerodha vs SAMCO to highlight the areas where the investor needs to know & analyze more. 

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

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.

Notable Points: 

Zerodha: 

  1. Offers direct mutual fund investment using their portal for free. 
  2. In association with IDFC, it provides 3-in-1 account facilities. 
  3. The trading terminal is best among all the other market competitors.
  4. It provides the best quality of customer support.
  5. Facilitate free fund transfer using UPI.
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SAMCO: 

  1. No monthly plan option.
  2. No physical branch available.
  3. Lowest brokerage charge.
  4. It offers free trading tools. 
  5. Trading & DEMAT account opening is free. 
Zerodha Vs SAMCO Comparison

Comparison of Overall Company Details: 

Comparing Zerodha vs SAMCO based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewZerodhaSAMCO
Organizational TypePrivatePrivate
Broker CategoryDiscount BrokerDiscount Broker
Based at Bangalore, IndiaMumbai, India
Founded byNithin KamathVipul Modi
Commencement Year20102015

Zerodha Vs SAMCO Customer Ratings:

Comparing Zerodha vs SAMCO based on Customer Ratings we get this information. Here we can see that regarding all segments Zerodha is winning the race and SAMCO is lacking behind.

Customer RatingsZerodhaSAMCO
Experience5.7/105.5/10
Products & Services8.5/106.0/10
Brokerage Charges & Fees9.5/108.5/10
Stock Research & Advisory4.0/103.0/10
Trading Platforms9.0/106.2/10
Overall Ratings7.4/105.8/10
Star Ratings★★★★★★★★☆☆

Comparison on AOC & AMC: 

Here we have compared Zerodha vs SAMCO based on account opening charge & account maintenance charge.

Here we can see from the below contrast that SAMCO provides free AMC on DEMAT accounts & free account opening. Whereas, Zerodha provides free trading AMC only.

Demat ServicesZerodhaSAMCO
Depository SourceCDSLCDSL
Account Opening ChargesRs.300Free
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.400 per annum
Margin MoneyZeroZero
Offline to OnlineNoNo

Zerodha Vs SAMCO Brokerage Charge:

Contrasting Zerodha vs SAMCO based on Brokerage Charge we get the below details. Here we can see that SAMCO offers a mixed brokerage charge structure that is 0.02% of the order amount or flat Rs. 20/- whichever is lower.

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While Zerodha also offers a flat fee-based brokerage charge @INR.20/-. SAMCO charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha.

Brokerage Charge & FeesZerodha BrokerageSAMCO 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 BrokerageZeroAs per Transaction
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.400 per annum
Margin MoneyZeroZero

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs SAMCO as below. We can see that both the broker share a similar charge structure.

Other ChargesZerodhaSAMCO
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Comparison on Offers: 

Contrasting Zerodha & SAMCO we get the below comparison on offers. We here can see that in terms of offers SAMCO is slightly ahead of Zerodha for providing offers.

OffersZerodhaSAMCO
Free Demat Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison on Services Offered: 

Comparison Zerodha vs SAMCO based on their service offering we derived the below comparison. Several services are offered by both of these organizations like Demat services, trading services, intraday services, etc.

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ServicesZerodhaSAMCO
Demat Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robo Advisory
PMS
Trading Institution
Trading ExposureMaximum 28xMaximum 10x

Comparison of Research & Advisory: 

Contrasting Zerodha vs SAMCO based on their research & advisory offering we received the below comparison. Here we can see that both Zerodha and SAMCO don’t offer any research & advisory service. 

Research & AdvisoryZerodhaSAMCO
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

Zerodha Vs SAMCO Margin: 

Considering Zerodha vs SAMCO based on product-wise leverage we get the below details. Almost all the margin charges are different in these companies. This can really influence your trading experience.

Exposure / LeverageZerodha MarginSAMCO Margin
Equity DeliveryMaximum 20xMaximum 5x
Equity IntradayMaximum 28xMaximum 10x
Equity FuturesMaximum 15xMaximum 5x
Equity OptionsMaximum 8xNo
Currency FuturesMaximum 12xMaximum 5x
Currency OptionsMaximum 8xNo
CommoditiesMaximum 17xMaximum 5x

Comparison on Products: 

Comparing Zerodha vs SAMCO based on their product offering we derived the below comparison. We can see in this below comparison that both Zerodha and SAMCO provide similar products to their investors except that mutual fund and SIP segment which is offered by only SAMCO. 

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

Zerodha Vs SAMCO Trading Platforms: 

Because of the trading terminal offering of Zerodha vs  SAMCO, we compared them as below. Different trading platforms can provide you the facility to control your trading account and investments, anywhere.

Trading PlatformsZerodhaSAMCO
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

Comparison on Customer Support: 

Comparing customer assistance, we here have compared Zerodha vs SAMCO as below. We can see from the below chart that Zerodha doesn’t provide dedicated dealers, offline trading While SAMCO doesn’t facilitate 24×7 support, offline trading & chat support.

Customer SupportZerodhaSAMCO
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Support Number080-40402020022 – 2222 7777
Email Support
Chat Support
Toll-Free Number
Branches
samco demat account

Comparison of Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs SAMCO based on their customer complaint handling in the below table. 

Complaints (Current Year)ZerodhaSAMCO
Lodged in BSE12089
Resolved in BSE11756
Lodged in NSE89114
Resolved in NSE8578
Zerodha Vs SAMCO

Conclusion:

Finally, we can conclude that SAMCO (discount broker) has a huge offering for its customers. But Zerodha (discount broker) offers lower charges to its customers. Still, it should be kept in mind that individual investors should opt the broker between Zerodha and SAMCO as per his need only.

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