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Upstox Vs SAMCO Vs Groww: Which one is better?

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

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

Compare Upstox vs SAMCO vs Groww on Service

  Upstox Compare
Upstox
SAMCO Compare
SAMCO
Groww Compare
Groww
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 NSE, BSE
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 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
Broker Enquiry Request call back from Upstox Request call back from SAMCO Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared Upstox vs SAMCO vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - SAMCO and Groww 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 Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Upstox vs SAMCO vs Groww
Charges Upstox SAMCO Groww
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) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Upstox vs SAMCO vs Groww on Plan Options

Plans are the most important feature you look when compare Upstox vs SAMCO vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Upstox SAMCO Zerodha
Account Opening Request
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Brokerage Charges

Compare Upstox vs SAMCO vs Growwon 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.

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

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

Compare Upstox vs SAMCO vs Groww on Transaction Charges

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

Transaction Charges - Compare Upstox vs SAMCO vs Groww
Transaction Charges Compare Upstox SAMCO Groww
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 NA
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for samco Complete Brokerage Plans for groww
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Account Features

Compare Upstox vs SAMCO vs Groww on Account Features

Compare Upstox vs SAMCO vs Groww 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 Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - SAMCO offers NRI Trading where Upstox and Groww doesn't offers NRI Trading.

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

Compare Upstox vs SAMCO vs Growwon Trading Platform

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

Yes

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 Groww App
Mobile Trading App Demo Upstox Demo StockNote Demo Info Not Available
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 Groww App 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 Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for samco Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Upstox vs SAMCO vs Groww on User Rating

  Upstox SAMCO Groww
  12 Customer Reviews    Rate Upstox 32 Customer Reviews    Rate SAMCO 8 Customer Reviews    Rate Groww
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 Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Upstox vs SAMCO vs Groww on Investment Offerings

Compare Upstox vs SAMCO vs Groww 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 - Upstox and SAMCO offers Commodity Trading where Groww doesn't 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 Groww
Investment Offerings Compare Upstox SAMCO Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
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 Groww on Order Types

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

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

Compare Upstox vs SAMCO vs Groww on Customer Service

Compare Upstox vs SAMCO vs Groww 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 Groww
Customer Service Compare Upstox SAMCO Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes No No
Customer Care Number +91 22 6130 9999 022-2222-7777/022-4503-0450 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://upstox.com/help-center/ https://www.samco.in/knowledge-center/ https://groww.in/academy
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.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://upstox.com/ https://www.samco.in/ https://groww.in/
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Tips/Research/Reports Published

Compare Upstox vs SAMCO vs Groww on Research Reports, Tips

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

Research Reports - Compare Upstox vs SAMCO vs Groww
  Upstox SAMCO Groww
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 Upstox vs SAMCO vs Groww on Demat Account

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

Demat Charges - Compare Upstox vs SAMCO vs Groww
  Upstox SAMCO Groww
DP Source CDSL CDSL CDSL
DP ID 81800 54200 No
Demat Account Annual Maintenance Charges(AMC) ₹300 PA ₹400 pa Zero
Advance Deposit NIL NIL Nil
Statutory charges Nil Stamp Charges Legal Charges
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges ₹10 ₹8 + ₹5.50 CDSL charges
Demat ₹20 + ₹50 courier charges ₹10 per certificate + ₹50 courier charges ₹150 per certificate + courier charges
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) CDSL charges + ₹50 courier charges ₹150 per certificate + courier charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.05% of the transaction value (Min ₹50) ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹50 Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Upstox vs SAMCO vs Groww on Special Offers and Promotion

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

Compare Upstox vs SAMCO vs Groww on Special Offers and Promotion
  Upstox SAMCO Groww
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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays Max 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 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
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
NA
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 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...

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...

  • 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...

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 Groww

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