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SAMCO Vs Edelweiss: 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 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

  • 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 Edelweiss on Service

  SAMCO Compare
SAMCO
Edelweiss Compare
Edelweiss
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 4 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 3.5 stars
Investments Offering Rated 3.5 stars Rated 4 stars
Customer Service Rated 4 stars Rated 3.5 stars
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 72,476 2,16,804
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 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...Know more about Edelweiss
Broker Enquiry Request call back from SAMCO Request call back from Edelweiss
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Account Opening Charges and AMC

Compare SAMCO vs Edelweiss on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare SAMCO with Edelweiss
Charges SAMCO Edelweiss
Trading Account Opening Fees Free Free
Trading AMC 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 Yes Yes
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About Brokerage Plans

Compare SAMCO vs Edelweiss on Plan Options

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.

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

Account Opening

  SAMCO Edelweiss
Account Opening Request
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Brokerage Charges

Compare SAMCO vs Edelweiss on Brokerage Charges

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 with Edelweiss
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%
Minimum Brokerage NIL NIL
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
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Share Broker's Transaction Charges

Compare SAMCO vs Edelweiss on Transaction Charges

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

Transaction Charges - Compare SAMCO with Edelweiss
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
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Account Features

Compare SAMCO vs Edelweiss on Account Features

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 - SAMCO with Edelweiss
Account Features Compare SAMCO Edelweiss
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 Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare SAMCO vs Edelweiss on Trading Platform

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 with Edelweiss
Trading Platform Compare SAMCO Edelweiss
Desktop Trading Platform SAMCO Trader Xtreme 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://trade.samco.in/Samruddi/Login/indexauth.jsp https://tlounge.edelweiss.in/Login
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App StockNote Edelweiss Mobile Trader
Mobile Trading App Demo StockNote Demo Edelweiss Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod StockNote Download Andriod Edelweiss Mobile Trader Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS StockNote Download iOS Edelweiss Mobile Trader 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 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

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Broker Ratings by Users

Compare SAMCO vs Edelweiss on User Rating

  SAMCO Edelweiss
  31 Customer Reviews    Rate SAMCO 3 Customer Reviews    Rate Edelweiss
Fees Ratings 3.7 2.7
Trading Brokerage Rating 4.7 3.3
Trading Platform Usability 4.1 3.7
Customer Service Ratings 4.1 2.0
Overall Ratings Rated 4.2 stars Rated 2.3 stars
Broker Rating SAMCO is Rated 4.2 / 5 based on 31 customer reviews Edelweiss is Rated 2.3 / 5 based on 3 customer reviews
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Investment Offerings

Compare SAMCO vs Edelweiss on Investment Offerings

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 with Edelweiss
Investment Offerings Compare SAMCO Edelweiss
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 Edelweiss on Order Types

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

Compare SAMCO vs Edelweiss on Customer Service

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 Support - Compare SAMCO with Edelweiss
Customer Service Compare SAMCO Edelweiss
24/7 Customer Service SAMCO vs Edelweiss - 24x7 customer support No No
Email Support SAMCO vs Edelweiss - Email Support Yes Yes
Onine Live Chat SAMCO vs Edelweiss - Onine Live Chat No No
Phone Support SAMCO vs Edelweiss - Phone Support Yes Yes
Toll Free Number SAMCO vs Edelweiss - Toll Free Number Yes Yes
Through Branches SAMCO vs Edelweiss - Through Branches No Yes
Customer Care Number SAMCO vs Edelweiss - Customer Care Number 022-2222-7777/022-4503-0450 1800 102 3335
Account Opening Process SAMCO vs Edelweiss - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SAMCO vs Edelweiss - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SAMCO vs Edelweiss - Knowledge Center/Education https://www.samco.in/knowledge-center/ https://www.edelweiss.in/investology
Head Office Address SAMCO vs Edelweiss - 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.
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website SAMCO vs Edelweiss - Company Website https://www.samco.in/ https://www.edelweiss.in
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Tips/Research/Reports Published

Compare SAMCO vs Edelweiss on Research Reports, Tips

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

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

Compare SAMCO vs Edelweiss on Demat Account

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 – 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 Charges - Compare SAMCO with Edelweiss
  SAMCO Edelweiss
DP Source CDSL CDSL
DP ID SAMCO vs Edelweiss - DP ID 54200 19100
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1500 one time charges)
Advance Deposit NIL NIL
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare SAMCO vs Edelweiss on Special Offers and Promotion

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

Compare SAMCO vs Edelweiss on Special Offers and Promotion
  SAMCO Edelweiss
Pay In and Pay Out Options SAMCO vs Edelweiss - 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 SAMCO vs Edelweiss - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SAMCO vs Edelweiss - 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,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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...

  • Trade and invest on BSE, NSE, and MCX.
  • 10 per order flat brokerage trading.
  • Trade at either a flat brokerage fee (Lite) or %-based brokerage plan (Elite).
  • Add-on services with Edelweiss Elite plan; free call & trade, free RM, etc.
  • Free mobile app and desktop trading terminal.
  • Get Edelweiss API connect for free.
  • Edelweiss partner platforms; TradeTron, Algobulls, Quantsapp, etc
  • Get free expert research, advisory, and trading tips.
  • Place Bracket order, cover order, aftermarket order, and Good Till Cancelled (GTC) order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Offline branch-based customer support is available.

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...

  • It does not provide a 3-in-1 account opening facility.
  • NRIs cannot open Edelweiss Demat and Trading Account.
  • Call & trade, and research services are not free for Lite brokerage plan subscribers.

Detail Review...

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

Last Updated on 2022-07-02T01:52:04+00:00