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SAMCO Vs Groww Vs ProStocks: Which one is better?

The brokerage of SAMCO ranges between Rs 20, the brokerage of Groww ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for SAMCO is 4, Groww is rated 4, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of SAMCO vs Groww 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 SAMCO vs Groww 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 SAMCO vs Groww vs ProStocks in this setion with 360 degree view of broker information.

Compare SAMCO vs Groww vs ProStocks on Service

  SAMCO Compare
SAMCO
Groww Compare
Groww
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE NSE, BSE
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 Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww 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 Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

Compare SAMCO vs Groww vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared SAMCO vs Groww 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 - SAMCO charges Rs 400 PA (Free for 1st year) as AMC for Demat account, Groww charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

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

Compare SAMCO vs Groww vs ProStocks on Plan Options

Plans are the most important feature you look when compare SAMCO vs Groww vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where SAMCO and Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where SAMCO and Groww doesn't offer.

Compare SAMCO vs Groww vs ProStocks on Plan Options
Plan Types SAMCO Groww ProStocks
Multiple Plans No No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  SAMCO Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare SAMCO vs Groww vs ProStockson Brokerage Charges

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

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

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 vs Groww vs ProStocks
Brokerage Charges Compare SAMCO Groww ProStocks
Plan Name Max Rs 20 Per Order Trading Plan Flat Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.5% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower Free
Equity Intraday 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% or Rs 20 whichever is lower Not Available Flat Fee Rs 15
Currency Options 0.05% or Rs 20 whichever is lower Not Available Flat Fee Rs 15
Commodity Trading 0.05% or Rs 20 whichever is lower Not Available NA
Minimum Brokerage NA
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available No
Call & Trade Charges Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Executable Order 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 Rs 50 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for SAMCO Brokerage Calculator for Groww Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare SAMCO vs Groww vs ProStocks on Transaction Charges

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

Transaction Charges - Compare SAMCO vs Groww vs ProStocks
Transaction Charges Compare SAMCO Groww ProStocks
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 360 Per Cr | Agri: Rs 275 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for samco Complete Brokerage Plans for groww Complete Brokerage Plans for prostocks
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Account Features

Compare SAMCO vs Groww vs ProStocks on Account Features

Compare SAMCO vs Groww 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 and Groww offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - SAMCO and ProStocks offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - SAMCO vs Groww vs ProStocks
Account Features Compare SAMCO Groww 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. No ProStocks have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No Yes
SMS Alerts Yes No Yes
Online Demo Yes No Yes
Online Portfolio No Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No No No
Intraday Square-off Time 3:15PM 3:10 PM 3:15PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare SAMCO vs Groww vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAMCO vs Groww 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 SAMCO vs Groww vs ProStocks
Trading Platform Compare SAMCO Groww ProStocks
Desktop Trading Platform SAMCO Trader Groww App Star ProStocks
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.samco.in/Samruddi/Login/indexauth.jsp

Yes

https://www.prostocksweb.com/

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App StockNote Groww App Star ProStocks
Mobile Trading App Demo StockNote Demo Info Not Available Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod StockNote Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download iOS StockNote Download iOS Groww App Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Groww Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Groww Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for samco Detail on Trading Platforms for groww Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare SAMCO vs Groww vs ProStocks on User Rating

  SAMCO Groww ProStocks
  32 Customer Reviews    Rate SAMCO 8 Customer Reviews    Rate Groww 4 Customer Reviews    Rate ProStocks
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating SAMCO is Rated 4.1 / 5 based on 32 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare SAMCO vs Groww vs ProStocks on Investment Offerings

Compare SAMCO vs Groww 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 - SAMCO offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - SAMCO and Groww 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 SAMCO vs Groww vs ProStocks
Investment Offerings Compare SAMCO Groww ProStocks
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes No Yes
Commodity Yes No No
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD No No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment No Yes No
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare SAMCO vs Groww vs ProStocks on Order Types

Order Type - Compare SAMCO vs Groww 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) - SAMCO and ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - SAMCO and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - SAMCO and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where SAMCO and Groww doesn't provides GTC.

Order Types - Compare SAMCO vs Groww vs ProStocks
Order Type Compare SAMCO Groww ProStocks
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes No Yes
Bracket order Yes No Yes
AMO-After Market Orders Yes No Yes
GTC-Good Till Cancelled No No Yes
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Customer Service Offered

Compare SAMCO vs Groww vs ProStocks on Customer Service

Compare SAMCO vs Groww 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 Support - Compare SAMCO vs Groww vs ProStocks
Customer Service Compare SAMCO Groww ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches No No No
Customer Care Number 022-2222-7777/022-4503-0450 9108800604 +91-2262-434343
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.samco.in/knowledge-center/ https://groww.in/academy https://www.prostocks.com/faq.html
Head Office Address SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.samco.in/ https://groww.in/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare SAMCO vs Groww vs ProStocks on Research Reports, Tips

Compare SAMCO vs Groww vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare SAMCO vs Groww vs ProStocks
  SAMCO Groww ProStocks
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare SAMCO vs Groww vs ProStocks on Demat Account

Compare SAMCO vs Groww vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare SAMCO vs Groww vs ProStocks
  SAMCO Groww ProStocks
DP Source CDSL CDSL CDSL
DP ID 54200 No 83200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Zero Free (₹1000 Refundable Deposit)
Advance Deposit NIL Nil 1000/- Refundable Deposit against charges
Statutory charges Stamp Charges Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹8 + ₹5.50 CDSL charges ₹20 per ISIN
Demat ₹10 per certificate + ₹50 courier charges ₹150 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Remat CDSL charges + ₹50 courier charges ₹150 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Pledge Creation Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Closure ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Pledge Closure Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Invocation ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Failed Instruction Charges Nil ₹50 ₹50 per transaction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SAMCO vs Groww vs ProStocks on Special Offers and Promotion

Compare SAMCO vs Groww vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare SAMCO vs Groww vs ProStocks on Special Offers and Promotion
  SAMCO Groww 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
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 Max 24 hrs except bank holidays Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww 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
Info Not Available 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...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

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.
Enquire for SAMCO Enquire for Groww Enquire for ProStocks

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