Comparison –  SAMCo Vs Axis Direct

SAMCO Axis Direct
Year of Incorporation 2008 2006
Exchanges enabled NSE, BSE & MCX NSE & BSE
Demat (NSDL/CDSL) CDSL NSDL
Brokerages
Equity Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower 0.05% for Intraday, 0.5% of Delivery
Equity Futures Rs 20/executed order or 0.02% whichever is lower 0.05% of Turnover
Equity Options Rs 20/executed order or 0.02% whichever is lower Rs 100/lot
Currency Futures Rs 20/executed order or 0.02% whichever is lower 0.05% of Turnover
Currency Options Rs 20/executed order or 0.02% whichever is lower Rs 100/lot
Commodity Rs 20/executed order or 0.02% whichever is lower NA
Account opening charges
Trading and Demat Rs 600 Rs 900
Only Trading Rs 200
Commodity Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web
Charting 5 days on NEST 5 days on Web based
Margins & Leverage Provided
Equity Upto 15 times for Intraday, No leverage for delivery Upto 10 times for Intraday, 0 for Delivery
Equity Futures Upto 2.5 times for intraday No Leverage
Equity Options Buying no leverage, Shorting upto 2.5 times for intraday No Leverage
Currency Futures Upto 2.5 times for intraday No Leverage
Currency Options Buying no leverage, Shorting upto 2.5 times for intraday No Leverage
Commodity Upto 2 times for intraday NA
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers NO YES