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Upstox Vs SAMCO Vs Alice Blue: Which one is better?

The brokerage of Upstox ranges between Rs 20, the brokerage of SAMCO ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Upstox is 4.5, SAMCO is rated 4, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of Upstox vs SAMCO vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Upstox vs SAMCO vs Alice Blue 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 Upstox vs SAMCO vs Alice Blue in this setion with 360 degree view of broker information.

Compare Upstox vs SAMCO vs Alice Blue on Service

  Upstox Compare
Upstox
SAMCO Compare
SAMCO
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. 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 Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Upstox Request call back from SAMCO Request call back from Alice Blue
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Account Opening Charges and AMC

Compare Upstox vs SAMCO vs Alice Blue on Trading & Demat Account Opening Charges

In this section we have compared Upstox vs SAMCO vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - SAMCO and Alice Blue offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Upstox charges Free as AMC for Demat account, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs SAMCO vs Alice Blue
Charges Upstox SAMCO Alice Blue
Trading Account Opening Fees Promotion offer: 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 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs SAMCO vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Upstox vs SAMCO vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Alice Blue offers Multiple Plans where Upstox and SAMCO doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Upstox vs SAMCO vs Alice Blue on Plan Options
Plan Types Upstox SAMCO Alice Blue
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Upstox SAMCO Alice Blue
Account Opening Request
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Brokerage Charges

Compare Upstox vs SAMCO vs Alice Blueon Brokerage Charges

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

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

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Upstox vs SAMCO vs Alice Blue
Brokerage Charges Compare Upstox SAMCO Alice Blue
Plan Name Max Rs 20 Per Order Trading Plan Max Rs 20 Per Order Trading Plan F15 Plan
Equity Delivery 2.5% or Rs 20 whichever is lower 0.5% 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 0.05% or Rs 15 whichever is lower
Equity Futures 0.05% or Rs 20 whichever is lower Flat Fee Rs 20 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Minimum Brokerage NA
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 + 18% GST Rs 20 per Executed order, with First 20 C&T are free Rs 50 per order + GST
Auto Square off Charges Rs 50 + 18% GST Rs 20 per Executed order, with First 20 C&T are free Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for SAMCO Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Upstox vs SAMCO vs Alice Blue on Transaction Charges

Compare Upstox vs SAMCO vs Alice Blue on transaction charges and PCM fee by segment.

Transaction Charges - Compare Upstox vs SAMCO vs Alice Blue
Transaction Charges Compare Upstox SAMCO Alice Blue
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for samco Complete Brokerage Plans for alice-blue
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Account Features

Compare Upstox vs SAMCO vs Alice Blue on Account Features

Compare Upstox vs SAMCO vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where SAMCO and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Upstox and SAMCO offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - SAMCO and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.

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

Compare Upstox vs SAMCO vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox vs SAMCO vs Alice Blue. 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 Upstox vs SAMCO vs Alice Blue
Trading Platform Compare Upstox SAMCO Alice Blue
Desktop Trading Platform Upstox Pro SAMCO Trader ANT - Analyse and Trade
Desktop Demo Info Not Available Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://pro.upstox.com/

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

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Upstox StockNote ANT Mobile
Mobile Trading App Demo Upstox Demo StockNote Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Upstox Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Upstox Download iOS StockNote Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Upstox Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for samco Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Upstox vs SAMCO vs Alice Blue on User Rating

  Upstox SAMCO Alice Blue
  12 Customer Reviews    Rate Upstox 32 Customer Reviews    Rate SAMCO 8 Customer Reviews    Rate Alice Blue
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Upstox is Rated 3.7 / 5 based on 12 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare Upstox vs SAMCO vs Alice Blue on Investment Offerings

Compare Upstox vs SAMCO vs Alice Blue 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 - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare Upstox vs SAMCO vs Alice Blue on Order Types

Order Type - Compare Upstox vs SAMCO vs Alice Blue 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 - Upstox offers Good Till Cancelled (GTC) orders facility where SAMCO and Alice Blue doesn't provides GTC.

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

Compare Upstox vs SAMCO vs Alice Blue on Customer Service

Compare Upstox vs SAMCO vs Alice Blue 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 Upstox vs SAMCO vs Alice Blue
Customer Service Compare Upstox SAMCO Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes No Yes
Customer Care Number +91 22 6130 9999 022-2222-7777/022-4503-0450 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.samco.in/knowledge-center/ https://tradeschool.aliceblueonline.com/
Head Office Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://upstox.com/ https://www.samco.in/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare Upstox vs SAMCO vs Alice Blue on Research Reports, Tips

Compare Upstox vs SAMCO vs Alice Blue on research reports and tips provided by broker.

Research Reports - Compare Upstox vs SAMCO vs Alice Blue
  Upstox SAMCO Alice Blue
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No Yes
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Upstox vs SAMCO vs Alice Blue on Demat Account

Compare Upstox vs SAMCO vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Upstox vs SAMCO vs Alice Blue
  Upstox SAMCO Alice Blue
DP Source CDSL CDSL CDSL
DP ID 81800 54200 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 PA ₹400 pa ₹400 pa
Advance Deposit NIL NIL Rs 0
Statutory charges Nil Stamp Charges Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹10 0.04% of the value of the transaction
Demat ₹20 + ₹50 courier charges ₹10 per certificate + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) CDSL charges + ₹50 courier charges ₹30 per certificate + CDSL charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction ₹20 + CDSL charges
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction ₹20 + CDSL charges
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil Nil
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹25 per transaction ₹20 + CDSL charges
Failed Instruction Charges ₹50 Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Upstox vs SAMCO vs Alice Blue on Special Offers and Promotion

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

Compare Upstox vs SAMCO vs Alice Blue on Special Offers and Promotion
  Upstox SAMCO Alice Blue
Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY 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 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
Likes

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

Detail Review...

Dislikes

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for Upstox Enquire for SAMCO Enquire for Alice Blue

Last Updated on 2023-12-15T00:33:11+00:00