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SAMCO Vs Groww (Compare SAMCO and Groww)

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...

SAMCO Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

SAMCO Vs Groww

Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	SAMCO	Groww
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE and BSE
Year of Incorporation		2016
Number of Branches		0
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SAMCO Vs Groww Charges & AMC

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

	SAMCO	Groww
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 400	Rs 0

SAMCO Vs Groww Brokerage

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) whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	SAMCO Standard	Groww Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per trade or 0.50% (whichever is lower)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 20 per trade or 0.05% (whichever is lower)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per trade or 0.05% (whichever is lower)	Rs 20 per executed order
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures	Rs 20 per trade or 0.05% (whichever is lower)	NA
Currency Options	Rs 20 per trade	NA
Commodity Futures	Rs 20 per trade or 0.05% (whichever is lower)	NA
Commodity Options		NA
Special Offer	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.	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SAMCO Charges Vs Groww

Minimum Brokerage	0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments	Rs 20 or 0.05% per executed order
Other Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 20 per executed order	NA

SAMCO Vs Groww Transaction Charges

SAMCO transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	SAMCO	Groww
Equity Delivery	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 100 per Cr (0.001%)	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5300 per Cr (0.053%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) (on premium)	(on premium)
Commodity	Non-Agri Rs 260 (0.0026%) \| Agri Rs 175 per Crore	NA
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SAMCO Vs Groww Leverage (Margin)

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

	SAMCO	Groww
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)
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Compare SAMCO and Groww Features

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

	SAMCO	Groww
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star	Groww
Intraday Square-off Time	3:15 PM	3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Margin Products - CashPlus, StockPlus, and BTPT
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SAMCO Vs Groww Review

SAMCO is rated 3.2 of 5 based on 26 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.

	SAMCO	Groww
	26 Customer Reviews	101 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SAMCO is rated 3.2 of 5 based on 26 customer reviews	Groww is rated 3.8 of 5 based on 101 customer reviews

Contact Broker / Request A Call Back

	SAMCO Enquire	Groww Enquire
Contact Broker	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.	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SAMCO Vs Groww Investment Options

	SAMCO	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

SAMCO Vs Groww Order Type Offered

	SAMCO	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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SAMCO Vs Groww Research Report

	SAMCO	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SAMCO Vs Groww Suitable For Investor Type

	SAMCO	Groww
Casual Investor
Active Investor
Trader

SAMCO Vs Groww - Pros and Cons

	SAMCO	Groww
Pros	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.	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons	No branch offices. Mutual Fund investment is now available. Online IPO applications are not available. Additional charges for broker assisted traders (Call & Trade).	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
Promo / Offers	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.	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
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