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SAMCO Vs Karvy: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SAMCO Max Rs 20 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. SAMCO is a Discount Broker where Karvy is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SAMCO is 90,174 where number of active customer for Karvy is . SAMCO is serving more customer compare to Karvy.

Here we present side-by-side comparison of SAMCO vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SAMCO vs Karvy's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SAMCO vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SAMCO vs Karvy's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SAMCO vs Karvy on Service

  SAMCO Compare
SAMCO
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 90,174
Broker Overview Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ... Know more about SAMCO One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from SAMCO Request call back from Zerodha
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Account Opening Charges and AMC

Compare SAMCO vs Karvy on Trading & Demat Account Opening Charges

Comparison of SAMCO with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SAMCO with Karvy
Charges SAMCO Karvy
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SAMCO vs Karvy on Plan Options

Plans are the most important feature you look when compare SAMCO with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SAMCO with Karvy on Plan Options
Plan Types SAMCO Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  SAMCO Zerodha
Account Opening Request
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Brokerage Charges

Compare SAMCO vs Karvy on Brokerage Charges

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare SAMCO with Karvy
Brokerage Charges Compare SAMCO Karvy
Plan Name Max Rs 20 Per Order Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.5% or Rs 20 whichever is lower 0.3% or 30 paisa
Equity Intraday 0.05% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures Flat Fee Rs 20 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures 0.05% or Rs 20 whichever is lower 0.03% or 3 paisa
Currency Options 0.05% or Rs 20 whichever is lower Rs 50 Per Lot
Commodity Trading 0.05% or Rs 20 whichever is lower 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 20 per Executed order, with First 20 C&T are free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges Rs 20 per Executed order, with First 20 C&T are free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for SAMCO Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare SAMCO vs Karvy on Transaction Charges

Compare SAMCO with Karvy on transaction charges and PCM fee by segment.

Transaction Charges - Compare SAMCO with Karvy
Transaction Charges Compare SAMCO Karvy
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for samco Complete Brokerage Plans for karvy
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Account Features

Compare SAMCO vs Karvy on Account Features

Compare SAMCO with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SAMCO offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - SAMCO offers NRI where Karvy doesn't offers NRI Trading.

Account Features - SAMCO with Karvy
Account Features Compare SAMCO Karvy
3 in 1 Account No SAMCO have 2-in-1 account. Only Demate and Trading account. No SAMCO have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare SAMCO vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and Karvy. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SAMCO with Karvy
Trading Platform Compare SAMCO Karvy
Desktop Trading Platform SAMCO Trader Karvy NESTTrader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.samco.in/Samruddi/Login/indexauth.jsp https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App StockNote KarvyOnline
Mobile Trading App Demo StockNote Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod StockNote Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) No No
iOS App Download iOS StockNote Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for samco Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare SAMCO vs Karvy on User Rating

  SAMCO Karvy
  32 Customer Reviews    Rate SAMCO 3 Customer Reviews    Rate Karvy
Fees Ratings 3.7 2.7
Trading Brokerage Rating 4.6 2.3
Trading Platform Usability 4.0 2.3
Customer Service Ratings 4.0 3.7
Overall Ratings 4.1 2.7
Broker Rating SAMCO is Rated 4.1 / 5 based on 32 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare SAMCO vs Karvy on Investment Offerings

Compare SAMCO with Karvy on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where SAMCO doesn't offer

Investment Offerings - Compare SAMCO with Karvy
Investment Offerings Compare SAMCO Karvy
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL Insurance
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Order Types

Compare SAMCO vs Karvy on Order Types

Order Type - Compare SAMCO with Karvy on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- SAMCO offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SAMCO with Karvy
Order Type Compare SAMCO Karvy
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare SAMCO vs Karvy on Customer Service

Compare SAMCO with Karvy on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SAMCO with Karvy
Customer Service Compare SAMCO Karvy
24/7 Customer Service SAMCO vs Karvy - 24x7 customer support No No
Email Support SAMCO vs Karvy - Email Support Yes Yes
Onine Live Chat SAMCO vs Karvy - Onine Live Chat No No
Phone Support SAMCO vs Karvy - Phone Support Yes Yes
Toll Free Number SAMCO vs Karvy - Toll Free Number Yes Yes
Through Branches SAMCO vs Karvy - Through Branches No Yes
Customer Care Number SAMCO vs Karvy - Customer Care Number 022-2222-7777/022-4503-0450 18004198283/7093706007/18004198283
Account Opening Process SAMCO vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SAMCO vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SAMCO vs Karvy - Knowledge Center/Education https://www.samco.in/knowledge-center/ https://www.karvyonline.com/knowledge-center/index
Head Office Address SAMCO vs Karvy - Head Office Address/Corporate Address SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website SAMCO vs Karvy - Company Website https://www.samco.in/ www.karvyonline.com
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Tips/Research/Reports Published

Compare SAMCO vs Karvy on Research Reports, Tips

Compare SAMCO with Karvy on research reports and tips provided by the broker.

Research Reports - Compare SAMCO with Karvy
  SAMCO Karvy
Research Mutual Funds SAMCO vs Karvy - Research Mutual Funds No No
Research Equity Reports SAMCO vs Karvy - Research Equity Reports No No
Research ETF SAMCO vs Karvy - Research ETF No No
Daily Market Report SAMCO vs Karvy - Daily Market Report No Yes
Free Tips SAMCO vs Karvy - Free Tips No Yes
Quarterly Result Analysis SAMCO vs Karvy - Quarterly Results No Yes
News Alerts SAMCO vs Karvy - No Yes
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Demat Account

Compare SAMCO vs Karvy on Demat Account

Compare SAMCO with Karvy on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Karvy is ₹365 pa where for SAMCO is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SAMCO is ₹10 where for Karvy is ₹15 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SAMCO with Karvy
  SAMCO Karvy
DP Source CDSL CDSL
DP ID SAMCO vs Karvy - DP ID 54200 33200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹365 pa
Advance Deposit NIL NIL
Statutory charges Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹15 per transaction
Demat ₹10 per certificate + ₹50 courier charges ₹5 per certificate + ₹40 courier charges
Remat CDSL charges + ₹50 courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹25 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹25 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹25 per transaction 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SAMCO vs Karvy on Special Offers and Promotion

Compare SAMCO with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SAMCO vs Karvy on Special Offers and Promotion
  SAMCO Karvy
Pay In and Pay Out Options SAMCO vs Karvy - Pay In and Pay Out Options pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SAMCO vs Karvy - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SAMCO vs Karvy - Bank Supported and Charges Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Info Not Available
Likes
  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

Detail Review...

Dislikes
  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo
Enquiry Open SAMCO Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-15T07:17:14+00:00