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SAMCO Vs mStock (Compare SAMCO and mStock)

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

Mirae Asset Capital Markets Logo

About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds. One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m... Know more about Mirae Asset Capital Markets

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SAMCO Vs mStock

Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  SAMCO mStock
Type of Broker Discount Broker Discount
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2022
Number of Branches 0
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SAMCO Vs mStock Charges & AMC

SAMCO trading account opening charges is Rs 0 (Free) while mStock account opening changes is Rs 999 (One TIme Cost). SAMCO Demat Account AMC Charges is Rs 400 and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).

  SAMCO mStock
Trading Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Trading Account AMC Charges Rs 0 (Free) Annual Rs. 480 + GST (To be recovered on a Quarter
Demat Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Demat Account AMC Charges Rs 400 Annual Rs. 480 + GST (To be recovered on a Quarterly basis)

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SAMCO Vs mStock 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 mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type SAMCO Standard mStock Lifetime Zero Brokerage Plan
Fixed Charges NA Rs 999 (One Time Payment)
Equity Delivery Rs 20 per trade or 0.50% (whichever is lower) Rs 0 (Free)
Equity Intraday Rs 20 per trade or 0.05% (whichever is lower) Rs 0 (Free)
Equity Futures Rs 20 per trade or 0.05% (whichever is lower) Rs 0 (Free)
Equity Options Rs 20 per trade Rs 0 (Free)
Currency Futures Rs 20 per trade or 0.05% (whichever is lower) Rs 0 (Free)
Currency Options Rs 20 per trade Rs 0 (Free)
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 Vs mStock Brokerage Plan 2

  SAMCO mStock
Account Type Standard Rs 0 Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per trade or 0.50% (whichever is lower) Rs 0 (Free)
Equity Intraday Rs 20 per trade or 0.05% (whichever is lower) Rs.20 per Executed Order/0.3%of the turnover value
Equity Futures Rs 20 per trade or 0.05% (whichever is lower) Rs 20 as per executer order
Equity Options Rs 20 per trade Rs 20 as per executer order
Currency Futures Rs 20 per trade or 0.05% (whichever is lower) Rs 20 as per executer order
Currency Options Rs 20 per trade Rs 20 as per executer order
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower) NA
Commodity Options NA
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SAMCO Charges Vs mStock

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

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SAMCO Vs mStock 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 mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).

  SAMCO mStock
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | 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 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4950 per Cr (0.0495%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 9 per Cr (0.00009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 35 per Cr (0.00035%) (on premium)
Commodity Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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SAMCO Vs mStock Leverage (Margin)

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

  SAMCO mStock
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 mStock Features

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

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

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

  SAMCO mStock
  26 Customer Reviews    Rate SAMCO Customer Reviews    Rate mStock
Fees 3.4
Brokerage 3.8
Trading Platform 2.8
Customer Service 3.2
Research Capabilities 2.6
Overall Ratings Rated 3.2 stars
Broker Rating SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  SAMCO Enquire mStock 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.

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SAMCO Vs mStock Investment Options

  SAMCO mStock
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt No No
Other Investment Options Pay Later (MTF), Pledge Shares

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SAMCO Vs mStock Order Type Offered

  SAMCO mStock
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes
Good Till Cancelled (GTC)
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SAMCO Vs mStock Research Report

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

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SAMCO Vs mStock Suitable For Investor Type

  SAMCO mStock
Casual Investor
Active Investor
Trader Yes

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SAMCO Vs mStock - Pros and Cons

  SAMCO mStock
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.
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
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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