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Prostocks Vs SAMCO (Compare Prostocks and SAMCO)

Prostocks Logo

About Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at Rs 899 per month or unlimited Currency Derivatives for Rs 499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this pl... Know more about Prostocks

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO Securities Limited

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Prostocks Vs SAMCO

Incorporated in 2016, Prostocks is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Prostocks SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2016
Number of Branches 1
Open Prostocks AccountOpen SAMCO Account

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Prostocks Vs SAMCO Charges & AMC

Prostocks trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Prostocks Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and SAMCO Demat Account AMC Charges is Rs 400.

  Prostocks SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Lifetime Zero AMC) Rs 400

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Prostocks Vs SAMCO Brokerage

Prostocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per executed order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type Prostocks Flat Rate Plan SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 15 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 15 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 15 per executed order Rs 20 per trade
Currency Futures Rs 15 per executed order Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 15 per executed order Rs 20 per trade
Commodity Futures NA Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options NA
Special Offer
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

Prostocks Vs SAMCO Brokerage Plan 2

  Prostocks SAMCO
Account Type Unlimited Equity Trading Plan Standard
Fixed Charges Rs 899 NA
Equity Delivery Rs 0 Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 0 Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 0 Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 0 Rs 20 per trade
Currency Futures NA Rs 20 per trade or 0.05% (whichever is lower)
Currency Options NA Rs 20 per trade
Commodity Futures NA Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options NA
Open Prostocks AccountOpen SAMCO Account

Prostocks Vs SAMCO Brokerage Plan 3

  Prostocks SAMCO
Account Type Unlimited Currency Trading Plan Standard
Fixed Charges Rs 499 NA
Equity Delivery NA Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday NA Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures NA Rs 20 per trade or 0.05% (whichever is lower)
Equity Options NA Rs 20 per trade
Currency Futures Rs 0 Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 0 Rs 20 per trade
Commodity Futures NA Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options NA
Open Prostocks AccountOpen SAMCO Account

Prostocks Charges Vs SAMCO

Minimum Brokerage Rs 0 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges
Call & Trade Charges Rs 0 (Free) Rs 20 per executed order

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Prostocks Vs SAMCO Transaction Charges

Prostocks transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  Prostocks SAMCO
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Prostocks AccountOpen SAMCO Account

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Prostocks Vs SAMCO Leverage (Margin)

Prostocks margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Prostocks SAMCO
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Prostocks AccountOpen SAMCO Account

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Compare Prostocks and SAMCO Features

The trading platforms offered Prostocks include ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Prostocks SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Open Prostocks AccountOpen SAMCO Account

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Prostocks Vs SAMCO Review

Prostocks is rated 3.3 of 5 based on 41 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  Prostocks SAMCO
  41 Customer Reviews    Rate Prostocks 26 Customer Reviews    Rate SAMCO
Fees 4.6 3.4
Brokerage 4.2 3.8
Trading Platform 2.9 2.8
Customer Service 3.2 3.2
Research Capabilities 2.0 2.6
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Prostocks is rated 3.3 of 5 based on 41 customer reviews SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  Prostocks Enquire SAMCO Enquire
Contact Broker Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today. Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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Prostocks Vs SAMCO Investment Options

  Prostocks SAMCO
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes No
Other Investment Options

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Prostocks Vs SAMCO Order Type Offered

  Prostocks SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Open Prostocks AccountOpen SAMCO Account

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Prostocks Vs SAMCO Research Report

  Prostocks SAMCO
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Prostocks Vs SAMCO Suitable For Investor Type

  Prostocks SAMCO
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Prostocks Vs SAMCO - Pros and Cons

  Prostocks SAMCO
Pros
  • Cheapest flat fee broker in India. Offers Rs 899 unlimited equity and equity f&o trading and Rs 15 per trade plan.
  • Cover Order (CO) is available in unlimited monthly plan. Bracket order is coming soon.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 2 Pricing plans to choose from.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time Rs 1000 deposit. No account opening and no annual maintenance charges.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (Rs 10 per executed order) among all discount brokers. Other brokers charge minimum Rs 20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
Cons
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews

ProStocks is among the most popular stock broker in India for unlimited monthly trading plans. ProStocks offer unlimited trading of Rs 899 per month in the Equity segment (delivery, intraday, and F&O segments). For frequent traders, this is the lowest cost broker in the market.

ProStocks offer an excellent online trading platform. It includes the mobile app, website, and installable trading terminal. Their customer service is much better than top stock brokers like Zerodha, Upstox, and Groww. You could always reach out to ProStocks on the phone in just a few seconds.

The Top 10 Reasons to Trade with ProStocks

Promo / Offers

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Open Prostocks AccountOpen SAMCO Account

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