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

SAMCO Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. SAMCO offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks offers investment in Equity, F&O and Currency only. The brokerage of SAMCO Max Rs 20 per trade while the brokerage of ProStocks Max Rs 15 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 SAMCO is 88,151 where number of active customer for ProStocks is 6,475. SAMCO is serving more customer compare to ProStocks.

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

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

  SAMCO Compare
SAMCO
ProStocks Compare
ProStocks
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? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 88,151 6,475
Broker Overview 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 Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks
Broker Enquiry Request call back from SAMCO Request call back from ProStocks
Expand

Account Opening Charges and AMC

Compare SAMCO vs ProStocks on Trading & Demat Account Opening Charges

Comparison of SAMCO with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SAMCO with ProStocks
Charges SAMCO ProStocks
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare SAMCO vs ProStocks on Plan Options

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

Compare SAMCO with ProStocks on Plan Options
Plan Types SAMCO ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  SAMCO ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare SAMCO vs ProStocks on Brokerage Charges

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

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare SAMCO with ProStocks
Brokerage Charges Compare SAMCO ProStocks
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.5% or Rs 20 whichever is lower Free
Equity Intraday 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Commodity Trading 0.05% or Rs 20 whichever is lower NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Rs 20 per Executed order, with First 20 C&T are free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 20 per Executed order, with First 20 C&T are free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for SAMCO Brokerage Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare SAMCO vs ProStocks on Transaction Charges

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

Transaction Charges - Compare SAMCO with ProStocks
Transaction Charges Compare SAMCO ProStocks
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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for samco Complete Brokerage Plans for prostocks
Expand

Account Features

Compare SAMCO vs ProStocks on Account Features

Compare SAMCO with ProStocks 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SAMCO offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - SAMCO with ProStocks
Account Features Compare SAMCO ProStocks
3 in 1 Account No SAMCO have 2-in-1 account. Only Demate and Trading account. No SAMCO have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare SAMCO vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and ProStocks. 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 SAMCO with ProStocks
Trading Platform Compare SAMCO ProStocks
Desktop Trading Platform SAMCO Trader Star ProStocks
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.samco.in/Samruddi/Login/indexauth.jsp https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App StockNote Star ProStocks
Mobile Trading App Demo StockNote Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod StockNote Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS StockNote Download iOS Star ProStocks Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for SAMCO Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for samco Detail on Trading Platforms for prostocks

Expand

Broker Ratings by Users

Compare SAMCO vs ProStocks on User Rating

  SAMCO ProStocks
  32 Customer Reviews    Rate SAMCO 4 Customer Reviews    Rate ProStocks
Fees Ratings 3.7 4.5
Trading Brokerage Rating 4.6 4.5
Trading Platform Usability 4.0 4.5
Customer Service Ratings 4.0 4.0
Overall Ratings 4.1 4.5
Broker Rating SAMCO is Rated 4.1 / 5 based on 32 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
Expand

Investment Offerings

Compare SAMCO vs ProStocks on Investment Offerings

Compare SAMCO with ProStocks 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 - SAMCO offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - SAMCO offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Order Types

Compare SAMCO vs ProStocks on Order Types

Order Type - Compare SAMCO with ProStocks 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- ProStocks offers Good Till Cancelled (GTC) orders where SAMCO doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SAMCO with ProStocks
Order Type Compare SAMCO ProStocks
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 Yes
Expand

Customer Service Offered

Compare SAMCO vs ProStocks on Customer Service

Compare SAMCO with ProStocks 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 SAMCO with ProStocks
Customer Service Compare SAMCO ProStocks
24/7 Customer Service SAMCO vs ProStocks - 24x7 customer support No No
Email Support SAMCO vs ProStocks - Email Support Yes Yes
Onine Live Chat SAMCO vs ProStocks - Onine Live Chat No No
Phone Support SAMCO vs ProStocks - Phone Support Yes Yes
Toll Free Number SAMCO vs ProStocks - Toll Free Number Yes No
Through Branches SAMCO vs ProStocks - Through Branches No No
Customer Care Number SAMCO vs ProStocks - Customer Care Number 022-2222-7777/022-4503-0450 +91-2262-434343
Account Opening Process SAMCO vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email SAMCO vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SAMCO vs ProStocks - Knowledge Center/Education https://www.samco.in/knowledge-center/ https://www.prostocks.com/faq.html
Head Office Address SAMCO vs ProStocks - Head Office Address/Corporate Address SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website SAMCO vs ProStocks - Company Website https://www.samco.in/ https://www.prostocks.com
Expand

Tips/Research/Reports Published

Compare SAMCO vs ProStocks on Research Reports, Tips

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

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

Demat Account

Compare SAMCO vs ProStocks on Demat Account

Compare SAMCO with ProStocks 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 ProStocks is Free (₹1000 Refundable Deposit) where for SAMCO is ₹400 pa. ProStocks is a better choice in terms of Demat AMC compare to SAMCO.

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 SAMCO is ₹10 where for ProStocks is ₹20 per ISIN.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 SAMCO with ProStocks
  SAMCO ProStocks
DP Source CDSL CDSL
DP ID SAMCO vs ProStocks - DP ID 54200 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹20 per ISIN
Demat ₹10 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat CDSL charges + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹25 per transaction ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare SAMCO vs ProStocks on Special Offers and Promotion

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

Compare SAMCO vs ProStocks on Special Offers and Promotion
  SAMCO ProStocks
Pay In and Pay Out Options SAMCO vs ProStocks - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SAMCO vs ProStocks - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SAMCO vs ProStocks - Bank Supported and Charges Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes
  • 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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

Detail Review...

Dislikes
  • 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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Open SAMCO Account Now>> Open ProStocks Account Now>>

Last Updated on 2023-09-15T07:17:14+00:00