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The brokerage of Finvasia ranges between Rs 0, the brokerage of SAMCO ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, SAMCO is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs SAMCO vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs SAMCO vs ProStocks on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs SAMCO vs ProStocks in this setion with 360 degree view of broker information.
 Finvasia |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
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 ... |
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... |
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In this section we have compared Finvasia vs SAMCO vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, 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.
| Charges | Finvasia | SAMCO | ProStocks |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 400 PA (Free for 1st year) | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare Finvasia vs SAMCO vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Finvasia and SAMCO doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Finvasia and SAMCO doesn't offer.
| Plan Types | Finvasia | SAMCO | ProStocks |
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| Zerodha | SAMCO | ProStocks | |
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| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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 | Finvasia | SAMCO | ProStocks |
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| Plan Name | Zero Brokerage Trading Plan | Max Rs 20 Per Order Trading Plan | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | Rs 0 | 0.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | Rs 0 | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Equity Futures | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | Rs 0 | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Currency Options | Rs 0 | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Commodity Trading | Rs 0 | 0.05% or Rs 20 whichever is lower | NA |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | Info Not Available | |
| Funding | Yes, 24% interest PA | Info Not Available | No |
| Call & Trade Charges | Free | 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 | Free | 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 Finvasia | Brokerage Calculator for SAMCO | Brokerage Calculator for ProStocks |
Compare Finvasia vs SAMCO vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | SAMCO | ProStocks |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | 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 | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | 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 | 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 | 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 | 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 | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for samco | Complete Brokerage Plans for prostocks |
Compare Finvasia vs SAMCO vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - SAMCO offers margin funding where Finvasia and ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Finvasia | SAMCO | ProStocks |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs SAMCO vs ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Finvasia | SAMCO | ProStocks |
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| Desktop Trading Platform | OMNESYS NEST | SAMCO Trader | Star ProStocks |
| Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
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https://trade.finvasia.com/ |
https://trade.samco.in/Samruddi/Login/indexauth.jsp |
https://www.prostocksweb.com/ |
| Web Trading Demo | Info Not Available | Web Trading Demo | Info Not Available |
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| Mobile Trading App | SCALPERT | StockNote | Star ProStocks |
| Mobile Trading App Demo | SCALPERT Demo | StockNote Demo | Info Not Available |
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| Android App Download | Andriod SCALPERT Download | Andriod StockNote Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS StockNote Download | iOS Star ProStocks Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for SAMCO | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for SAMCO | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for SAMCO | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for samco | Detail on Trading Platforms for prostocks |
| Finvasia | SAMCO | ProStocks | ||
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17 Customer Reviews
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32 Customer Reviews
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4 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | SAMCO is Rated 4.1 / 5 based on 32 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare Finvasia vs SAMCO vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia and SAMCO offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and SAMCO offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | SAMCO | ProStocks |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs SAMCO vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where Finvasia and SAMCO doesn't provides GTC.
| Order Type Compare | Finvasia | SAMCO | ProStocks |
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Compare Finvasia vs SAMCO vs ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Finvasia | SAMCO | ProStocks |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022-2222-7777/022-4503-0450 | +91-2262-434343 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://www.samco.in/knowledge-center/ | https://www.prostocks.com/faq.html |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
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 | https://www.finvasia.com/ | https://www.samco.in/ | https://www.prostocks.com |
Compare Finvasia vs SAMCO vs ProStocks on research reports and tips provided by broker.
| Finvasia | SAMCO | ProStocks | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs SAMCO vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | SAMCO | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 54200 | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹400 pa | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Rs 0 | NIL | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Stamp Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹10 | ₹20 per ISIN |
| Demat | ₹15 per certificate | ₹10 per certificate + ₹50 courier charges | ₹50 per set up + ₹50 courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | CDSL charges + ₹50 courier charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | ₹25 per transaction | ₹25 per transaction | ₹50 |
| Pledge Creation Confirmation | NIL | Nil | Nil |
| Pledge Closure | ₹25 per transaction | ₹25 per transaction | ₹50 |
| Pledge Closure Confirmation | NIL | Nil | Nil |
| Pledge Invocation | ₹19 per transaction | ₹25 per transaction | ₹50 |
| Failed Instruction Charges | ₹49 | Nil | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs SAMCO vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | SAMCO | ProStocks | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through 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 |
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 | Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | 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 | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
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 |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | 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. | |
| Enquire for Finvasia | Enquire for SAMCO | Enquire for ProStocks |
Last Updated on 2023-09-05T02:25:49+00:00
