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SAMCO Vs Reliance Securities: Which one is better?

Both the brokers are registered with SEBI. SAMCO offers investmenet in Equity, F&O, Currency and Commodities, where Reliance Securities offers investment in Equity, F&O and Currency only. The brokerage of SAMCO Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. SAMCO is a Discount Broker where Reliance Securities is a Full Service Broker. SAMCO is having overall higher rating compare to Reliance Securities. SAMCO is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5. Number of active customer for SAMCO is 87,698 where number of active customer for Reliance Securities is 70,369. SAMCO is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of SAMCO vs Reliance Securities 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 Reliance Securities'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 Reliance Securities 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 Reliance Securities'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 Reliance Securities on Service

  SAMCO Compare
SAMCO
Reliance Securities Compare
Reliance Securities
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 4 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 3.5 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 87,698 70,369
Broker Overview Rs. 20/order ultra-low brokerage, free Giga engine powered StockNote App & Web trading platform and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and Rank... Know more about SAMCO Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...Know more about Reliance Securities
Broker Enquiry Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

Compare SAMCO vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of SAMCO with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - SAMCO offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - SAMCO charges Rs 400 PA AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SAMCO with Reliance Securities
Charges SAMCO Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SAMCO vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare SAMCO with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where SAMCO doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SAMCO with Reliance Securities on Plan Options
Plan Types SAMCO Reliance Securities
Multiple Plans No Yes
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 SAMCO vs Reliance Securities on Brokerage Charges

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

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare SAMCO with Reliance Securities
Brokerage Charges Compare SAMCO Reliance Securities
Plan Name Max Rs 20 Per Order Trading Plan R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery 0.2% or Rs 20 whichever is lower 0.50%
Equity Intraday 0.02% or Rs 20 whichever is lower 0.05%
Equity Futures 0.02% or Rs 20 whichever is lower 0.05%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.02% or Rs 20 whichever is lower 0.05%
Currency Options Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading Flat Fee Rs 20 Future: 0.05%| Options: Rs 100 per lot
Minimum Brokerage NIL 5 paise per share
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 20 per Executed order, with First 20 C&T are free Rs 20 per call (Free First 20 call per month)
Auto Square off Charges Rs 20 per Executed order, with First 20 C&T are free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for SAMCO Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare SAMCO vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare SAMCO with Reliance Securities
Transaction Charges Compare SAMCO Reliance Securities
Equity Delivery Rs 335 Per Cr Rs 335 Per Cr
Equity Intraday Rs 335 Per Cr Rs 335 Per Cr
Equity Futures Rs 200 Per Cr Rs 200 Per Cr
Equity Options Rs 5050 Per Cr Rs 5050 Per Cr
Currency Futures Rs 90 Per Cr Rs 90 Per Cr
Currency Options Rs 3500 Per Cr Rs 3500 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 reliance-securities
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Account Features

Compare SAMCO vs Reliance Securities on Account Features

Compare SAMCO with Reliance Securities 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 Reliance Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SAMCO with Reliance Securities
Account Features Compare SAMCO Reliance Securities
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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
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Trading Platform

Compare SAMCO vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and Reliance Securities. 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 Reliance Securities
Trading Platform Compare SAMCO Reliance Securities
Desktop Trading Platform SAMCO Trader InstaXpress
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 http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App StockNote TICK PRO
Mobile Trading App Demo StockNote Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod StockNote Download Andriod TICK PRO Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS StockNote Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for samco Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare SAMCO vs Reliance Securities on User Rating

  SAMCO Reliance Securities
  31 Customer Reviews    Rate SAMCO 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.7 3.5
Trading Brokerage Rating 4.7 3.4
Trading Platform Usability 4.1 3.3
Customer Service Ratings 4.1 3.4
Overall Ratings Rated 4.2 stars Rated 3.4 stars
Broker Rating SAMCO is Rated 4.2 / 5 based on 31 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare SAMCO vs Reliance Securities on Investment Offerings

Compare SAMCO with Reliance Securities 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) - Reliance Securities provides PMS Service where SAMCO doesn't offer

Investment Offerings - Compare SAMCO with Reliance Securities
Investment Offerings Compare SAMCO Reliance Securities
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 NIL
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Order Types

Compare SAMCO vs Reliance Securities on Order Types

Order Type - Compare SAMCO with Reliance Securities 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SAMCO with Reliance Securities
Order Type Compare SAMCO Reliance Securities
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 Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare SAMCO vs Reliance Securities on Customer Service

Compare SAMCO with Reliance Securities 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 Reliance Securities
Customer Service Compare SAMCO Reliance Securities
24/7 Customer Service SAMCO vs Reliance Securities - 24x7 customer support No No
Email Support SAMCO vs Reliance Securities - Email Support Yes Yes
Onine Live Chat SAMCO vs Reliance Securities - Onine Live Chat No Yes
Phone Support SAMCO vs Reliance Securities - Phone Support Yes Yes
Toll Free Number SAMCO vs Reliance Securities - Toll Free Number Yes Yes
Through Branches SAMCO vs Reliance Securities - Through Branches No Yes
Customer Care Number SAMCO vs Reliance Securities - Customer Care Number 022-2222-7777/022-4503-0450 022 41596000 | 022 62436000
Account Opening Process SAMCO vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SAMCO vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SAMCO vs Reliance Securities - Knowledge Center/Education https://www.samco.in/knowledge-center/ https://www.reliancesmartmoney.com/Insights
Head Office Address SAMCO vs Reliance Securities - 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.
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website SAMCO vs Reliance Securities - Company Website https://www.samco.in/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare SAMCO vs Reliance Securities on Research Reports, Tips

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

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

Compare SAMCO vs Reliance Securities on Demat Account

Compare SAMCO with Reliance Securities 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 Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + CDSL charges.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 Reliance Securities
  SAMCO Reliance Securities
DP Source CDSL CDSL
DP ID SAMCO vs Reliance Securities - DP ID 54200 41400
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹27) + CDSL charges
Demat ₹10 per certificate + ₹50 courier charges ₹5 per certificate + ₹30 request charges
Remat CDSL charges + ₹50 courier charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹25 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹25 per transaction 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹25 per transaction 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare SAMCO vs Reliance Securities on Special Offers and Promotion

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

Compare SAMCO vs Reliance Securities on Special Offers and Promotion
  SAMCO Reliance Securities
Pay In and Pay Out Options SAMCO vs Reliance Securities - 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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SAMCO vs Reliance Securities - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges SAMCO vs Reliance Securities - Bank Supported and Charges Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform (StockNote/SAMCO Star). Info Not Available
Bank Detail Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered next-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...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

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

Last Updated on 2023-05-08T04:16:34+00:00