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Reliance Securities Vs SAMCO: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where SAMCO offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of SAMCO ranges between Rs 20. Reliance Securities is a Full Service Broker where SAMCO is a Discount Broker. Reliance Securities is having overall lower rating compare to SAMCO. Reliance Securities is rated only 3.5 out of 5 where SAMCO is rated 4 out of 5. Number of active customer for SAMCO is 89,817 where number of active customer for Reliance Securities is 72,675. SAMCO is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of Reliance Securities 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 Reliance Securities 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 Reliance Securities 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 Reliance Securities 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 Reliance Securities vs SAMCO on Service

  Reliance Securities Compare
Reliance Securities
SAMCO Compare
SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 72,675 89,817
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities 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
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Account Opening Charges and AMC

Compare Reliance Securities vs SAMCO on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with SAMCO on trading & demat account opening charges and AMC. Trading account opening charges - SAMCO offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with SAMCO
Charges Reliance Securities SAMCO
Trading Account Opening Fees Rs 950 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs SAMCO on Plan Options

Plans are the most important feature you look when compare Reliance Securities with SAMCO. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provide Multiple Plans where SAMCO doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Reliance Securities with SAMCO on Plan Options
Plan Types Reliance Securities SAMCO
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha SAMCO
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs SAMCO on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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

Brokerage Charges - Compare Reliance Securities with SAMCO
Brokerage Charges Compare Reliance Securities SAMCO
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.50% 0.5% or Rs 20 whichever is lower
Equity Intraday 0.05% 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% Flat Fee Rs 20
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.05% 0.05% or Rs 20 whichever is lower
Currency Options Rs 100 Per Lot 0.05% or Rs 20 whichever is lower
Commodity Trading Future: 0.05%| Options: Rs 100 per lot 0.05% or Rs 20 whichever is lower
Minimum Brokerage 5 paise per share NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare Reliance Securities vs SAMCO on Transaction Charges

Compare Reliance Securities with SAMCO on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities with SAMCO
Transaction Charges Compare Reliance Securities 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for samco
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Account Features

Compare Reliance Securities vs SAMCO on Account Features

Compare Reliance Securities with SAMCO 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 Reliance Securities 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 - Reliance Securities with SAMCO
Account Features Compare Reliance Securities SAMCO
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. No Reliance Securities 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 Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs SAMCO on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities 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 Reliance Securities with SAMCO
Trading Platform Compare Reliance Securities SAMCO
Desktop Trading Platform InstaXpress SAMCO Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ 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 TICK PRO StockNote
Mobile Trading App Demo TICK PRO Demo StockNote Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod StockNote Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TICK PRO 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 Reliance Securities Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare Reliance Securities vs SAMCO on User Rating

  Reliance Securities SAMCO
  52 Customer Reviews    Rate Reliance Securities 32 Customer Reviews    Rate SAMCO
Fees Ratings 3.5 3.7
Trading Brokerage Rating 3.4 4.6
Trading Platform Usability 3.3 4.0
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 4.1
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare Reliance Securities vs SAMCO on Investment Offerings

Compare Reliance Securities 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) - Reliance Securities provide PMS Service where SAMCO doesn't offer

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

Compare Reliance Securities vs SAMCO on Order Types

Order Type - Compare Reliance Securities 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with SAMCO
Order Type Compare Reliance Securities 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 Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Reliance Securities vs SAMCO on Customer Service

Compare Reliance Securities 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 Reliance Securities with SAMCO
Customer Service Compare Reliance Securities SAMCO
24/7 Customer Service Reliance Securities vs SAMCO - 24x7 customer support No No
Email Support Reliance Securities vs SAMCO - Email Support Yes Yes
Onine Live Chat Reliance Securities vs SAMCO - Onine Live Chat Yes No
Phone Support Reliance Securities vs SAMCO - Phone Support Yes Yes
Toll Free Number Reliance Securities vs SAMCO - Toll Free Number Yes Yes
Through Branches Reliance Securities vs SAMCO - Through Branches Yes No
Customer Care Number Reliance Securities vs SAMCO - Customer Care Number 022 41596000 | 022 62436000 022-2222-7777/022-4503-0450
Account Opening Process Reliance Securities vs SAMCO - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Reliance Securities vs SAMCO - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs SAMCO - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.samco.in/knowledge-center/
Head Office Address Reliance Securities vs SAMCO - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website Reliance Securities vs SAMCO - Company Website https://www.reliancesmartmoney.com https://www.samco.in/
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Tips/Research/Reports Published

Compare Reliance Securities vs SAMCO on Research Reports, Tips

Compare Reliance Securities with SAMCO on research reports and tips provided by the broker.

Research Reports - Compare Reliance Securities with SAMCO
  Reliance Securities SAMCO
Research Mutual Funds Reliance Securities vs SAMCO - Research Mutual Funds Yes No
Research Equity Reports Reliance Securities vs SAMCO - Research Equity Reports Yes No
Research ETF Reliance Securities vs SAMCO - Research ETF Yes No
Daily Market Report Reliance Securities vs SAMCO - Daily Market Report Yes No
Free Tips Reliance Securities vs SAMCO - Free Tips Yes No
Quarterly Result Analysis Reliance Securities vs SAMCO - Quarterly Results Yes No
News Alerts Reliance Securities vs SAMCO - Yes No
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Demat Account

Compare Reliance Securities vs SAMCO on Demat Account

Compare Reliance Securities 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 Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + 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 Reliance Securities with SAMCO
  Reliance Securities SAMCO
DP Source CDSL CDSL
DP ID Reliance Securities vs SAMCO - DP ID 41400 54200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit Nil NIL
Statutory charges Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹10
Demat ₹5 per certificate + ₹30 request charges ₹10 per certificate + ₹50 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges CDSL charges + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹25 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs SAMCO on Special Offers and Promotion

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

Compare Reliance Securities vs SAMCO on Special Offers and Promotion
  Reliance Securities SAMCO
Pay In and Pay Out Options Reliance Securities vs SAMCO - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Reliance Securities vs SAMCO - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Reliance Securities 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 RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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 2023-09-13T01:50:30+00:00