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Religare Broking Vs SAMCO: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking Max 0.05 to 0.50% per trade while the brokerage of SAMCO ranges between Rs 20. Religare Broking is a Full Service Broker where SAMCO is a Discount Broker. Religare Broking is having overall lower rating compare to SAMCO. Religare Broking is rated only 3.5 out of 5 where SAMCO is rated 4 out of 5. Number of active customer for Religare Broking is 1,43,944 where number of active customer for SAMCO is 90,174. Religare Broking is serving more customer compare to SAMCO.

Here we present side-by-side comparison of Religare Broking vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs SAMCO'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 Religare Broking vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs SAMCO'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 Religare Broking vs SAMCO on Service

  Religare Broking Compare
Religare Broking
SAMCO Compare
SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,43,944 90,174
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking 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
Broker Enquiry Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

Compare Religare Broking vs SAMCO on Trading & Demat Account Opening Charges

Comparison of Religare Broking with SAMCO on trading & demat account opening charges and AMC. Trading account opening charges - SAMCO offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account.

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

Compare Religare Broking vs SAMCO on Plan Options

Plans are the most important feature you look when compare Religare Broking with SAMCO. 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 Religare Broking with SAMCO on Plan Options
Plan Types Religare Broking SAMCO
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha SAMCO
Account Opening Request
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Brokerage Charges

Compare Religare Broking vs SAMCO on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

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

Brokerage Charges - Compare Religare Broking with SAMCO
Brokerage Charges Compare Religare Broking SAMCO
Plan Name Religare One Brokerage Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.50% to 0.10% 0.5% or Rs 20 whichever is lower
Equity Intraday 0.05% to 0.01% 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% or 5 paisa Flat Fee Rs 20
Equity Options Rs 70 Per Lot Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa 0.05% or Rs 20 whichever is lower
Currency Options Rs 30 Per Lot 0.05% or Rs 20 whichever is lower
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot 0.05% or Rs 20 whichever is lower
Minimum Brokerage 1p per share NIL
Hidden Charges Yes Info Not Available
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare Religare Broking vs SAMCO on Transaction Charges

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

Transaction Charges - Compare Religare Broking with SAMCO
Transaction Charges Compare Religare Broking SAMCO
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for samco
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Account Features

Compare Religare Broking vs SAMCO on Account Features

Compare Religare Broking with SAMCO 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 - SAMCO offers Algo Trading where Religare Broking doesn't offers Algo Trading. Margin Funding - SAMCO offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Religare Broking vs SAMCO on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and SAMCO. 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 Religare Broking with SAMCO
Trading Platform Compare Religare Broking SAMCO
Desktop Trading Platform OdinDiet and Power FnO SAMCO Trader
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://secure.religareonline.com/Login.aspx https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami StockNote
Mobile Trading App Demo Religare Dynami Demo StockNote Demo
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod StockNote Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Religare Dynami Download iOS StockNote Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare Religare Broking vs SAMCO on User Rating

  Religare Broking SAMCO
  56 Customer Reviews    Rate Religare Broking 32 Customer Reviews    Rate SAMCO
Fees Ratings 3.2 3.7
Trading Brokerage Rating 3.2 4.6
Trading Platform Usability 3.0 4.0
Customer Service Ratings 2.9 4.0
Overall Ratings 2.9 4.1
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare Religare Broking vs SAMCO on Investment Offerings

Compare Religare Broking with SAMCO 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) - both the brokers don't have PMS Service.

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

Compare Religare Broking vs SAMCO on Order Types

Order Type - Compare Religare Broking with SAMCO 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) - SAMCO provides Bracket Orders (BO) where Religare Broking doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Religare Broking offers Good Till Cancelled (GTC) orders where SAMCO doesn't support Good Till Cancelled (GTC) orders.

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

Compare Religare Broking vs SAMCO on Customer Service

Compare Religare Broking with SAMCO 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 Religare Broking with SAMCO
Customer Service Compare Religare Broking SAMCO
24/7 Customer Service Religare Broking vs SAMCO - 24x7 customer support No No
Email Support Religare Broking vs SAMCO - Email Support Yes Yes
Onine Live Chat Religare Broking vs SAMCO - Onine Live Chat No No
Phone Support Religare Broking vs SAMCO - Phone Support Yes Yes
Toll Free Number Religare Broking vs SAMCO - Toll Free Number No Yes
Through Branches Religare Broking vs SAMCO - Through Branches Yes No
Customer Care Number Religare Broking vs SAMCO - Customer Care Number 1860-25-88888 022-2222-7777/022-4503-0450
Account Opening Process Religare Broking vs SAMCO - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Religare Broking vs SAMCO - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs SAMCO - Knowledge Center/Education Not available https://www.samco.in/knowledge-center/
Head Office Address Religare Broking vs SAMCO - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website Religare Broking vs SAMCO - Company Website http://www.religareonline.com https://www.samco.in/
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Tips/Research/Reports Published

Compare Religare Broking vs SAMCO on Research Reports, Tips

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

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

Compare Religare Broking vs SAMCO on Demat Account

Compare Religare Broking with SAMCO 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 SAMCO is ₹400 pa where for Religare Broking 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 Religare Broking is ₹12 where for SAMCO is ₹10.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 Religare Broking with SAMCO
  Religare Broking SAMCO
DP Source CDSL CDSL
DP ID Religare Broking vs SAMCO - DP ID 30200 54200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa
Advance Deposit Rs. 500/- NIL
Statutory charges Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹12 ₹10
Demat ₹5 per certificate + ₹30 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges CDSL charges + ₹50 courier charges
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher ₹25 per transaction
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher ₹25 per transaction
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs SAMCO on Special Offers and Promotion

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

Compare Religare Broking vs SAMCO on Special Offers and Promotion
  Religare Broking SAMCO
Pay In and Pay Out Options Religare Broking vs SAMCO - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
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
Payout Time Religare Broking vs SAMCO - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Religare Broking vs SAMCO - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform.
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

  • 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...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

  • 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...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open SAMCO Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00