Both the brokers are registered with SEBI. SAMCO offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of SAMCO Max Rs 20 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Groww is 51,65,760 where number of active customer for SAMCO is 71,113. Groww is serving more customer compare to SAMCO.
Here we present side-by-side comparison of SAMCO vs Groww 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 Groww'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 Groww 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 Groww'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||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|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...||Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok...|
Comparison of SAMCO with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where SAMCO charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare SAMCO with Groww. 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.
|Account Opening Request|
SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
|Brokerage Charges Compare||SAMCO||Groww|
|Plan Name||Max Rs 20 Per Order Trading Plan||Flat Brokerage Plan|
|Equity Delivery||0.2% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower|
|Equity Intraday||0.02% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.02% or Rs 20 whichever is lower||Flat Fee Rs 20|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||0.02% or Rs 20 whichever is lower||Not Available|
|Currency Options||Flat Fee Rs 20||Not Available|
|Commodity Trading||Flat Fee Rs 20||Not Available|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 20 per Executed order, with First 20 C&T are free||Rs 50 Per Executable Order|
|Auto Square off Charges||Rs 20 per Executed order, with First 20 C&T are free||Rs 50 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for SAMCO||Brokerage Calculator for Groww|
Compare SAMCO with Groww on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SAMCO||Groww|
|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 210 Per Cr|
|Equity Options||Rs 5300 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 135 Per Cr||NA|
|Currency Options||Rs 4400 Per Cr||NA|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for samco||Complete Brokerage Plans for groww|
Compare SAMCO with Groww 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 Groww doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - SAMCO offers NRI where Groww doesn't offers NRI Trading.
|Account Features Compare||SAMCO||Groww|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and Groww. 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||Groww|
|Desktop Trading Platform||SAMCO Trader|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.samco.in/Samruddi/Login/indexauth.jsp||Yes|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||StockNote||Yes|
|Mobile Trading App Demo||StockNote Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod StockNote Download||Andriod Yes Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS StockNote Download||iOS Yes 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 Groww|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SAMCO||Futures Brokerage Calculator for Groww|
|Options Brokerage Calculator||Options Brokerage Calculator for SAMCO||Options Brokerage Calculator for Groww|
|Detail||Detail on Trading Platforms for samco||Detail on Trading Platforms for groww|
Compare SAMCO with Groww 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 - SAMCO offers trading options in Commodity (MCX) where Groww doesn't offer. 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||SAMCO||Groww|
|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 Groww 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) - SAMCO provide Cover Orders (CO) where Groww doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a 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 Groww 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)- SAMCO offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||SAMCO||Groww|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SAMCO with Groww 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||Groww|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-2222-7777/022-4503-0450||9108800604|
|Account Opening Process||Online/Paperless||Online|
|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,
|Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034|
Compare SAMCO with Groww on research reports and tips provided by the broker.
Compare SAMCO with Groww 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 Groww is Zero 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 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 Groww is ₹8 + ₹5.50 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 Account Annual Maintenance Charges(AMC)||₹400 pa||Zero|
|Statutory charges||Stamp Charges||Legal Charges|
|Transaction Charges on Debit (Per ISIN)||₹10||₹8 + ₹5.50 CDSL charges|
|Demat||₹10 per certificate + ₹50 courier charges||₹150 per certificate + courier charges|
|Remat||CDSL charges + ₹50 courier charges||₹150 per certificate + courier charges|
|Pledge Creation||₹25 per transaction||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Creation Confirmation||Nil||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure||₹25 per transaction||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure Confirmation||Nil||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Invocation||₹25 per transaction||₹20 + Rs. 12 per request (CDSL Charges)|
|Failed Instruction Charges||Nil||₹50|
Compare SAMCO with Groww 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Max 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).||Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.|
|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|
Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;
Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;
|Enquiry||Open SAMCO Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2022-07-02T01:52:04+00:00
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