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Samco vs Zerodha

Comparison of charges, features, and platform quality. Both Samco and Zerodha are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.

Our Verdict

Both Samco and Zerodha are top-rated Discount brokers.

Samco

Samco Wins on:

Best For Intraday

Better choice if you prioritize stocknote app (guidance) and need stocknote, leverage.

Zerodha

Zerodha Wins on:

Best For Beginners

Better choice if you prioritize zero brokerage on equity delivery and need #1 broker, low charges.

At a Glance Comparison

Feature
Samco
Samco
Zerodha
Zerodha
Broker TypeDiscountDiscount
Account Opening₹0 (Free)₹200
AMC (Yearly)₹400/year₹300/year
Equity Delivery₹20₹0 (Free)
Intraday Tradng₹20₹20 or 0.03%
Active Clients2 Lakhs+60 Lakhs+
Rating44.8
Best ForIntraday, InvestorsBeginners, Investors, Options
Pros
  • StockNote App (Guidance)
  • Leverage products
  • Margin against shares
  • Zero brokerage on equity delivery
  • Most reliable trading platform (Kite)
  • No spam calls or pushy sales
  • Great educational resources (Varsity)
Cons
  • Complex fee structure sometimes
  • Aggressive notifications
  • No monthly unlimited brokerage plan
  • Frequent tech glitches in volatile markets
  • Customer support can be slow

Brokerage Charges Explained

Samco Fees

For equity delivery, ₹20 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.

Zerodha Fees

For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% per order.
This makes it suitable for investors.

* Hidden costs: Remember to account for annual maintenance charges (Samco: ₹400/year, Zerodha: ₹300/year).

Trading Platform & App

SamcoSamco
App Rating4/5

Samco's platform is known for being comprehensive. It is generally considered robust for advanced analysis.

ZerodhaZerodha
App Rating4.8/5

Zerodha's platform focuses on research and data. Users find it extremely beginner friendly.

Choose Samco if:

  • You are looking for the best platform for Intraday.
  • You are looking for the best platform for Investors.
  • You prefer stocknote features.

Choose Zerodha if:

  • You are looking for the best platform for Beginners.
  • You are looking for the best platform for Investors.
  • You are looking for the best platform for Options.
  • You prefer #1 broker features.

Pros & Cons Comparison

Samco

Advantages

  • StockNote App (Guidance)
  • Leverage products
  • Margin against shares

Disadvantages

  • Complex fee structure sometimes
  • Aggressive notifications

Zerodha

Advantages

  • Zero brokerage on equity delivery
  • Most reliable trading platform (Kite)
  • No spam calls or pushy sales

Disadvantages

  • No monthly unlimited brokerage plan
  • Frequent tech glitches in volatile markets
  • Customer support can be slow

Common Questions