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 Edelweiss ranges between Rs 10. SAMCO is a Discount Broker where Edelweiss is a Full Service Broker. SAMCO is having overall higher rating compare to Edelweiss. SAMCO is rated 4 out of 5 where Edelweiss is rated only 3.5 out of 5. Number of active customer for Edelweiss is 2,16,804 where number of active customer for SAMCO is 72,476. Edelweiss is serving more customer compare to SAMCO.
Here we present side-by-side comparison of SAMCO vs Edelweiss 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 Edelweiss'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 Edelweiss 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 Edelweiss's on
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|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...||One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Edelweiss Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the indus...|
Comparison of SAMCO with Edelweiss 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 AMC for Demat account where Edelweiss charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]|
|Provide DP Service|
Plans are the most important feature you look when compare SAMCO with Edelweiss. This section compare on high level about type of plans offered by brokers. Multiple Plans - Edelweiss provides Multiple Plans where SAMCO doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.
Edelweiss Brokerage Plan detail - This plan is available to Online users only. With this plan, Edelweiss is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
|Brokerage Charges Compare||SAMCO||Edelweiss|
|Plan Name||Max Rs 20 Per Order Trading Plan||Edelweiss Lite|
|Equity Delivery||0.2% or Rs 20 whichever is lower||Flat Rs. 10 per executed order|
|Equity Intraday||0.02% or Rs 20 whichever is lower||Flat Rs. 10 per executed order|
|Equity Futures||0.02% or Rs 20 whichever is lower||Flat Rs. 10 per executed order|
|Equity Options||Flat Fee Rs 20||Flat Rs. 10 per executed order|
|Currency Futures||0.02% or Rs 20 whichever is lower||Flat Rs. 10 per executed order|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs Flat Rs. 10 per executed order|
|Commodity Trading||Flat Fee Rs 20||0.01%|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Yes - 24% interest PA|
|Call & Trade Charges||Rs 20 per Executed order, with First 20 C&T are free||Free|
|Auto Square off Charges||Rs 20 per Executed order, with First 20 C&T are free||Free|
|Brokerage Calculator||Brokerage Calculator for SAMCO||Brokerage Calculator for Edelweiss|
Compare SAMCO with Edelweiss on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SAMCO||Edelweiss|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 210 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5300 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 135 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4400 Per Cr||Rs 4000 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 edelweiss-broking|
Compare SAMCO with Edelweiss 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||SAMCO||Edelweiss|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and Edelweiss. 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||Edelweiss|
|Desktop Trading Platform||SAMCO Trader||Xtreme Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.samco.in/Samruddi/Login/indexauth.jsp||https://tlounge.edelweiss.in/Login|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||StockNote||Edelweiss Mobile Trader|
|Mobile Trading App Demo||StockNote Demo||Edelweiss Mobile Trader Demo|
|Android Mobile App|
|Android App Download||Andriod StockNote Download||Andriod Edelweiss Mobile Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS StockNote Download||iOS Edelweiss Mobile Trader Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SAMCO||Equity Intraday and Delivery Brokerage Calculator for Edelweiss|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SAMCO||Futures Brokerage Calculator for Edelweiss|
|Options Brokerage Calculator||Options Brokerage Calculator for SAMCO||Options Brokerage Calculator for Edelweiss|
|Detail||Detail on Trading Platforms for samco||Detail on Trading Platforms for edelweiss-broking|
Compare SAMCO with Edelweiss 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) - Edelweiss provides PMS Service where SAMCO doesn't offer
|Investment Offerings Compare||SAMCO||Edelweiss|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare SAMCO with Edelweiss 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 provide Bracket Orders (BO) where Edelweiss 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- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||SAMCO||Edelweiss|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SAMCO with Edelweiss 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 Service Compare||SAMCO||Edelweiss|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-2222-7777/022-4503-0450||1800 102 3335|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
Off CST Road,
Mumbai - 400098
Compare SAMCO with Edelweiss on research reports and tips provided by the broker.
Compare SAMCO with Edelweiss 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 Edelweiss is Free (₹1500 one time charges) where for SAMCO is ₹400 pa. Edelweiss is a better choice in terms of Demat AMC compare to SAMCO.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ 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 Edelweiss is 0.02% of transaction value or ₹20 per transaction whichever is higher.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 Account Annual Maintenance Charges(AMC)||₹400 pa||Free (₹1500 one time charges)|
|Statutory charges||Stamp Charges||Nil|
|Transaction Charges on Debit (Per ISIN)||₹10||0.02% of transaction value or ₹20 per transaction whichever is higher|
|Demat||₹10 per certificate + ₹50 courier charges||₹2 per certificate + ₹30 courier charges|
|Remat||CDSL charges + ₹50 courier charges||₹10 for every hundred securities after that ₹10 per request + ₹30 request charges|
|Pledge Creation||₹25 per transaction||0.02% of transaction value (Min ₹50)|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹25 per transaction||0.02% of transaction value (Min ₹50)|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹25 per transaction||0.02% of transaction value (Min ₹50)|
|Failed Instruction Charges||Nil||Nil|
Compare SAMCO with Edelweiss on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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 Terminal X3,Edelweiss Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Upto 24 Hrs except Bank Holidays.|
|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
|Edelweiss Broking Limited,
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
|Enquiry||Open SAMCO Account Now>>||Open Edelweiss Account Now>>|
Last Updated on 2022-07-02T01:52:04+00:00
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