Zerodha vs Samco Comparison, Charges , Mobile App
While Zerodha is largely considered a pioneer in the discount broking segment, Samco is somewhat perceived is not so performing discount brokers in the country.
Be it technology, brokerage charges, account openings, trading platforms, or something else.
Zerodha always carries a cutting edge in the marketplace and this clearly reflects in each & every touchpoint a user makes with the discount broker.
Launched on 15 th August, 2010, Zerodha has taken big strides in the industry and placed itself among the best performing online discount brokers in the industry.
On the other hand, Samco forayed in 2015 as a depository participant with CDSL. At present, SAMCO offers a wide range of products including leverage offerings for delivery margin funding and margin against shares to its NBFC subsidiary.
SAMCO is widely known for its super-low brokerage, margin offerings, higher exposure and free trading software.
Account Opening Charges of Zerodha and Samco
Table of Contents
In terms of both Account Opening Charges and Account Maintenance Charges, there is a big difference. With Zerodha, one needs to pay Rs. 300 for account opening while there are zero charges with Samco.
| Service | Zerodha | Samco |
| Account Opening (Trading) | ₹300 | Free |
| AMC Charges (Trading) | ₹0 | ₹0 |
| Account Opening (Demat) | ₹100 | ₹0 |
| AMC Charges (Demat) | ₹300 | ₹400 |
Brokerage Plans and Charges of Zerodha vs Samco
On comparing Zerodha and SAMCO based in terms of Brokerage Charges, below is what we get. For example, SAMCO offers a mixed brokerage charge structure that is 0.02% of the order amount or flat Rs. 20/- whichever is lower.
| Service | Zerodha | Samco |
| Equity Delivery Charge | ₹0 | 0.3% or ₹20 |
| Equity Intraday Trading | ₹20 | 0.3% or ₹20 |
| Equity Futures Trading | ₹20 | 0.3% or ₹20 |
| Commodity Options Trading | ₹20 | 0.2% or ₹20 |
| Equity Futures Trading | ₹20 | 0.2% or ₹20 |
| Equity Options Trading | ₹20per order | ₹20per order |
| Currency Futures Trading | ₹20 | 0.2% or ₹20 |
| Currency Options Trading | ₹20 per order | ₹20 per order |
| Trading AMC Charges | Free | ₹400 per annum |
| Demat AMC Charges | ₹300 per year | Free |
| Margin Money | 0 | 0 |
Margin of Both zerodha and Samco
| Service | Zerodha | Samco |
| Equity Delivery | Max 20x | Max 5x |
| Equity Intraday | Max 28x | Max 10x |
| Equity Options | Max 8x | No |
| Currency Futures | Max 12x | Max 5x |
| Equity Futures | Max 12x | Max 5x |
| Currency Options | Max 8x | No |
| Commodities | Max 17x | Max 5x |
| Currency Futures | Max 12x | Max 5x |
| Currency Options | Max 8x | No |
Transaction Charges of Zerodha vs Samco
| Service | Zerodha | Samco |
| Currency Options | NSE: 0.044% | NSE: 0.0475% |
| Equity Delivery | NSE: 0.00325%, BSE Rs1 | NSE: 0.00325%, BSE Rs1 |
| Equity Options | NSE: 0.053%, BSE Rs1 | NSE: 0.0575%, BSE Rs1 |
| Equity Intraday | NSE: 0.00325%, BSE Rs1 | NSE: 0.00325%, BSE Rs1 |
| Equity Future | NSE: 0.0021%, BSE Rs1 | NSE: 0.00215%, BSE Rs1 |
| Commodity Trading | Non-Agri: 0.0031% | Agri: 0.00175% | Non-Agri: 0.0026% | Agri: 0.00175% |
| Currency Future | NSE: 0.00135% | NSE: 0.00136% |
Trading Platforms of Zerodha and Samco
| Trading Platforms | Zerodha | Samco |
| Web Platform | Yes | Yes |
| Mobile App – Android | Yes | Yes |
| Desktop Windows | Yes | Yes |
| Desktop – Mac | No | No |
| Mobile App- iPhone | Yes | Yes |
| iPad -App | Yes | No |
Offered Services of Zerodha and Samco
Both the discount brokers offer a wide range of services to cater to a large segment of investors and brokers in the market. Below is an insightful comparison between both of them.
| Services | Zerodha | SAMCO |
| Demat Services | ✔ | ✔ |
| Trading Services | ✔ | ✔ |
| Trading Institution | ✖ | ✖ |
| 3 in 1 Account | ✖ | ✖ |
| Intraday Services | ✔ | ✔ |
| Robo Advisory | ✖ | ✖ |
| PMS | ✖ | ✖ |
| IPO Services | ✔ | ✔ |
| Stock Recommendations | ✖ | ✖ |
| Trading Exposure | Max 28x | Max 10x |
Read More on Zerodha Review Upstox Account Opening
