FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

HDFC Sky Vs SAMCO: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of SAMCO 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 HDFC Sky is 11,14,215 where number of active customer for SAMCO is 89,817. HDFC Sky is serving more customer compare to SAMCO.

Here we present side-by-side comparison of HDFC Sky vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Sky vs SAMCO'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 HDFC Sky vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared HDFC Sky vs SAMCO'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 HDFC Sky vs SAMCO on Service

  HDFC Sky Compare
HDFC Sky
SAMCO Compare
SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 11,14,215 89,817
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO
Broker Enquiry Request call back from Zerodha Request call back from SAMCO
Expand

Account Opening Charges and AMC

Compare HDFC Sky vs SAMCO on Trading & Demat Account Opening Charges

Comparison of HDFC Sky with SAMCO on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account where SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Sky with SAMCO
Charges HDFC Sky SAMCO
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare HDFC Sky vs SAMCO on Plan Options

Plans are the most important feature you look when compare HDFC Sky with SAMCO. 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.

Compare HDFC Sky with SAMCO on Plan Options
Plan Types HDFC Sky SAMCO
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha SAMCO
Account Opening Request
Expand

Brokerage Charges

Compare HDFC Sky vs SAMCO on Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Brokerage Charges - Compare HDFC Sky with SAMCO
Brokerage Charges Compare HDFC Sky SAMCO
Plan Name Fixed pricing model Max Rs 20 Per Order Trading Plan
Equity Delivery 0.1% or Rs 20 whichever is lower 0.5% or Rs 20 whichever is lower
Equity Intraday 0.1% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.1% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Commodity Trading Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 12% interest PA Info Not Available
Call & Trade Charges Rs 20 per call Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for SAMCO
Expand

Share Broker's Transaction Charges

Compare HDFC Sky vs SAMCO on Transaction Charges

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

Transaction Charges - Compare HDFC Sky with SAMCO
Transaction Charges Compare HDFC Sky SAMCO
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for samco
Expand

Account Features

Compare HDFC Sky vs SAMCO on Account Features

Compare HDFC Sky with SAMCO on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 account where SAMCO offers only 2-in-1 account which includes trading and demat account. Algo Trading - SAMCO offers Algo Trading where HDFC Sky doesn't offers Algo Trading. 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 - HDFC Sky with SAMCO
Account Features Compare HDFC Sky SAMCO
3 in 1 Account Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account. No HDFC Sky have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare HDFC Sky vs SAMCO on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky and SAMCO. 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 HDFC Sky with SAMCO
Trading Platform Compare HDFC Sky SAMCO
Desktop Trading Platform HDFC Sky SAMCO Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/ https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App StockNote
Mobile Trading App Demo HDFC Sky App Demo StockNote Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod StockNote Download
iPhone Mobile App (IOS) No No
iOS App Download iOS HDFC Sky App Download iOS StockNote Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for samco

Expand

Broker Ratings by Users

Compare HDFC Sky vs SAMCO on User Rating

  HDFC Sky SAMCO
  97 Customer Reviews    Rate HDFC Sky 32 Customer Reviews    Rate SAMCO
Fees Ratings 2.4 3.7
Trading Brokerage Rating 2.1 4.6
Trading Platform Usability 2.9 4.0
Customer Service Ratings 2.8 4.0
Overall Ratings 2.4 4.1
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
Expand

Investment Offerings

Compare HDFC Sky vs SAMCO on Investment Offerings

Compare HDFC Sky with SAMCO 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare HDFC Sky with SAMCO
Investment Offerings Compare HDFC Sky SAMCO
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare HDFC Sky vs SAMCO on Order Types

Order Type - Compare HDFC Sky with SAMCO 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- SAMCO offers After market orders where HDFC Sky doesn't offers AMO. GTC Orders- HDFC Sky offers Good Till Cancelled (GTC) orders where SAMCO doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare HDFC Sky with SAMCO
Order Type Compare HDFC Sky SAMCO
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes No
Expand

Customer Service Offered

Compare HDFC Sky vs SAMCO on Customer Service

Compare HDFC Sky with SAMCO 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 HDFC Sky with SAMCO
Customer Service Compare HDFC Sky SAMCO
24/7 Customer Service HDFC Sky vs SAMCO - 24x7 customer support No No
Email Support HDFC Sky vs SAMCO - Email Support Yes Yes
Onine Live Chat HDFC Sky vs SAMCO - Onine Live Chat No No
Phone Support HDFC Sky vs SAMCO - Phone Support Yes Yes
Toll Free Number HDFC Sky vs SAMCO - Toll Free Number No Yes
Through Branches HDFC Sky vs SAMCO - Through Branches Yes No
Customer Care Number HDFC Sky vs SAMCO - Customer Care Number 1800 121 2109 022-2222-7777/022-4503-0450
Account Opening Process HDFC Sky vs SAMCO - Account Opening Process Online Online/Paperless
Customer Support Email HDFC Sky vs SAMCO - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs SAMCO - Knowledge Center/Education https://hdfcsky.com/learn https://www.samco.in/knowledge-center/
Head Office Address HDFC Sky vs SAMCO - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website HDFC Sky vs SAMCO - Company Website https://hdfcsky.com/ https://www.samco.in/
Expand

Tips/Research/Reports Published

Compare HDFC Sky vs SAMCO on Research Reports, Tips

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

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

Demat Account

Compare HDFC Sky vs SAMCO on Demat Account

Compare HDFC Sky with SAMCO 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 SAMCO is ₹400 pa where for HDFC Sky is ₹750 pa.

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 HDFC Sky is 0.04% (Min ₹20) + CDSL charges where for SAMCO is ₹10.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 HDFC Sky with SAMCO
  HDFC Sky SAMCO
DP Source CDSL CDSL
DP ID HDFC Sky vs SAMCO - DP ID CDSL: 1209 54200
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹400 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NIL
Statutory charges Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges ₹10
Demat ₹5 per certificate + ₹35 request charges ₹10 per certificate + ₹50 courier charges
Remat ₹30 CDSL charges + ₹50 courier charges
Pledge Creation Nil ₹25 per transaction
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Closure Nil ₹25 per transaction
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs SAMCO on Special Offers and Promotion

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

Compare HDFC Sky vs SAMCO on Special Offers and Promotion
  HDFC Sky SAMCO
Pay In and Pay Out Options HDFC Sky vs SAMCO - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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
Payout Time HDFC Sky vs SAMCO - Payout Time Instant to HDFC Bank. Max 24 hrs except bank holidays
Bank Supported and Charges HDFC Sky vs SAMCO - Bank Supported and Charges Info Not Available Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform.
Bank Detail Direct from your HDFC bank account. Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-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...

Dislikes
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • 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...

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

Last Updated on 2023-11-09T03:39:28+00:00