Comparison –  KARVY Vs SAMCO

KARVY SAMCO
Year of Incorporation 1985 2008
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL, CDSL CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery
Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower
Equity Futures 0.03% of Turnover Rs 20/executed order or 0.02% whichever is lower
Equity Options Rs 50/lot Rs 20/executed order or 0.02% whichever is lower
Currency Futures 0.03% of Turnover Rs 20/executed order or 0.02% whichever is lower
Currency Options Rs 50/lot Rs 20/executed order or 0.02% whichever is lower
Commodity 0.03% of Turnover Rs 20/executed order or 0.02% whichever is lower
Account opening charges
Trading and Demat Rs 420 Rs 600
Only Trading NA Rs 200
Commodity Rs 200 Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 5 days on NEST
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery Upto 15 times for Intraday, No leverage for delivery
Equity Futures Upto 4 times for Intraday Upto 2.5 times for intraday
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday Buying no leverage, Shorting upto 2.5 times for intraday
Currency Futures No Leverage Upto 2.5 times for intraday
Currency Options No Leverage Buying no leverage, Shorting upto 2.5 times for intraday
Commodity Upto 4 times for Intraday Upto 2 times for intraday
Serviceable
3 in 1 Account NO NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers YES NO