Comparison –  SAMCo Vs Reliance Securities

SAMCO Reliance Securities
Year of Incorporation 2008 2006
Exchanges enabled NSE, BSE & MCX NSE, BSE, & MCX-SX
Demat (NSDL/CDSL) CDSL NSDL, CDSL
Brokerages
Equity Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower Equity: Upfront Brokerage: 0.04%/0.4% to 0.01%/0.1% for Intraday/Delivery
Equity Futures Rs 20/executed order or 0.02% whichever is lower Upfront Brokerage: 0.04% to 0.01% of Turnover
Equity Options Rs 20/executed order or 0.02% whichever is lower Upfront Brokerage: Rs 70/lot to Rs 10/lot
Currency Futures Rs 20/executed order or 0.02% whichever is lower Upfront Brokerage: 0.04% to 0.01% of Turnover
Currency Options Rs 20/executed order or 0.02% whichever is lower Upfront Brokerage: Rs 70/lot to Rs 10/lot
Commodity Rs 20/executed order or 0.02% whichever is lower NA
Account opening charges
Trading and Demat Rs 600 Rs 950
Only Trading Rs 200 NA
Commodity Rs 200 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days on NEST 22 Days on NEST
Margins & Leverage Provided
Equity Upto 15 times for Intraday, No leverage for delivery Upto 10 Times Intraday, Upto 3 times Delivery @ interest
Equity Futures Upto 2.5 times for intraday Upto 3 times Intraday
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 NO
Instant Fund withdrawal NO NO
Instant Fund Transfer YES YES
Relationship Managers NO NO