Groww vs Samco securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs Samco securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and Samco securities.

Background

Year of Incorporation 2017 2008
Website https://groww.in/ https://www.samco.in/
Phone +91 9108800604 022-22227777
Exchanges enabled NSE, BSE, MCX & NCDEX NSE, BSE, MCX,
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity Rs 20 or 0.05% per order 0.02% or Rs 20 per executed order
Equity Futures Rs 20 per executed order 0.02% or Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per lot
Currency Futures Not Available 0.02% or Rs 20 per executed order
Currency Options Not Available Rs 50 per executed order
Commodity Not Available Rs 50 per executed order
Account Opening Costs

Trading only Free Rs 200
Trading & Demat Rs. 0 Rs 600
Commodity Rs. 0 Rs 200
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% on Turnover
Futures 0.0035% 0.0021% on Contract Turnover
Options 0.07% 0.053% on Premium Turnover
Commodities 0.004% 0.0031% on Contract turnover
AMC charge Rs 0 Trading: 0, Demat: Rs 300
DP Transaction Charge Rs.13.5 per Scrip Rs 25 or 0.02% whichever is higher
Offline order placing Charge Rs 25 Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 5 days on NEST
End of Day 10 days 5 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 15x for Intraday
Equity Futures Upto 2x for intraday Upto 2.5x for intraday
Equity Options No leverage Shorting upto 2.5x for intraday
Currency Futures Upto 2x for intraday Upto 2.5x for intraday
Currency Options No leverage Shorting upto 2.5x for intraday
Commodity Upto 2x for intraday Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 70.6 crores Rs 14.30 Lakh
Profit after Tax FY12/13 Rs 70.48 crores Rs 16.49 Lakh
Profit after Tax FY13/14 Rs 73.78 Crore Rs 14.45 Lakh
Profit after Tax FY 14/15 Rs 75.92 Crore Rs 14.93 Lakh
Profit after Tax FY 15/16 Rs 82.85 Crore Rs 15.49 Lakh
Profit after Tax FY 16/17 Rs 90.11 Crore Rs 23.43 Lakh
Profit after Tax FY 17/18 Rs 106.09 Crore Rs 19.67 Lakh
Profit after Tax FY 18/19 Rs 115.68 Crore Rs 19.67 Lakh
Profit after Tax FY 19/20 Rs 120.61 Crore Rs 23.98 Lakh
Profit after Tax FY 20/21 Rs 141.70 Crore Rs 26.44 Lakh
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 29.54 Lakh
Profit after Tax FY 22/23 Rs 205.65 Crore Rs 25.45 Lakh
Debt FY11/12 Rs 51 Crores Rs 49.70 Lakh
Debt FY12/13 Rs 41.5 Crores Rs 52.21 Lakh
Debt FY13/14 Rs 42.93 Crores Rs 39.63 Lakh
Debt FY14/15 Rs 49.48 Crores Rs 39.63 Lakh
Debt FY15/16 Rs 41.73 Crores Rs 50.33 Lakh
Debt FY16/17 Rs 54.26 Crores Rs 45.94 Lakh
Debt FY17/18 Rs 69.77 Crores Rs 56.09 Lakh
Debt FY18/19 Rs 57.16 Crores Rs 43.12 Lakh
Debt FY19/20 Rs 51.39 Crores Rs 45.87 Lakh
Debt FY20/21 Rs 57.47 Crores Rs 43.90 Lakh
Debt FY21/22 Rs 77.59 Crores Rs 63.68 Lakh
Debt FY22/23 Rs 80.11 Crores Rs 46.35 Lakh
Profit to Equity(%) FY11/12 12.90% 13.31
Profit to Equity(%) FY12/13 12.38% 14.03
Profit to Equity(%) FY13/14 14.86% 16.26
Profit to Equity(%) FY14/15 17.05% 14.18
Profit to Equity(%) FY15/16 14.29% 23.48
Profit to Equity(%) FY16/17 19.11% 20.07
Profit to Equity(%) FY17/18 21.51% 20.50
Profit to Equity(%) FY18/19 18.17% 19.23
Profit to Equity(%) FY19/20 14.49% 25.63
Profit to Equity(%) FY20/21 18.46% 23.59
Profit to Equity(%) FY21/22 14.70% 24.05
Profit to Equity(%) FY22/23 25.75% 25.19
Balance Sheet Size FY11/12 Rs 2264 Crores Rs 5.66 Crores
Balance Sheet Size FY12/13 Rs 2596.15 Crores Rs 9.46 Crores
Balance Sheet Size FY13/14 Rs 2803.40 Crores Rs 10.34 Crores
Balance Sheet Size FY14/15 Rs 2936.36 Crores Rs 11.42 Crores
Balance Sheet Size FY15/16 Rs 3133.57 Crores Rs 10.62 Crores
Balance Sheet Size FY16/17 Rs 3544.52 Crores Rs 10.64 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crores Rs 14.98 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Crores Rs 13.60 Crores
Balance Sheet Size FY19/20 Rs 4476 Crores Rs 14.00 Crores
Balance Sheet Size FY20/21 Rs 4627 Crores Rs 17.62 Crores
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 16.52 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 19.39 Crores

Comparison Link:

Compare Groww Compare Samco securities
Groww Vs Punch Trade Samco securities Vs Punch Trade
Groww Vs BlinkX Samco securities Vs BlinkX
Groww Vs Lemonn Samco securities Vs Lemonn
Groww Vs Mandot Securities Samco securities Vs Mandot Securities
Groww Vs HDFC Sky Samco securities Vs HDFC Sky
Groww Vs Dhan Samco securities Vs Dhan
Groww Vs Goodwill Wealth Samco securities Vs Goodwill Wealth
Groww Vs Shoonya by Finvasia Samco securities Vs Shoonya by Finvasia
Groww Vs NJ Wealth Samco securities Vs NJ Wealth
Groww Vs Paytm Money Samco securities Vs Paytm Money
Groww Vs Globe Capital Samco securities Vs Globe Capital
Groww Vs Finvasia Samco securities Vs Finvasia
Groww Vs Cholamandalam Securities Samco securities Vs Cholamandalam Securities
Groww Vs Canara Bank Samco securities Vs Canara Bank
Groww Vs Axis Direct Samco securities Vs Axis Direct
Groww Vs Alice Blue Samco securities Vs Alice Blue
Groww Vs 5Paisa Samco securities Vs 5Paisa
Groww Vs M.stock Samco securities Vs M.stock
Groww Vs WisdomCapital Samco securities Vs WisdomCapital
Groww Vs Way2wealth Samco securities Vs Way2wealth
Groww Vs Ventura Securities Samco securities Vs Ventura Securities
Groww Vs Navia Markets Ltd Samco securities Vs Navia Markets Ltd
Groww Vs Tradejini Samco securities Vs Tradejini
Groww Vs Tata Securities Samco securities Vs Tata Securities
Groww Vs Swastika Investmart Samco securities Vs Swastika Investmart
Groww Vs SMC Global Samco securities Vs SMC Global
Groww Vs SBICAP Securities Samco securities Vs SBICAP Securities
Groww Vs SASOnline Samco securities Vs SASOnline
Groww Vs RK Global Samco securities Vs RK Global
Groww Vs Reliance Securities Samco securities Vs Reliance Securities
Groww Vs Nirmal Bang Samco securities Vs Nirmal Bang
Groww Vs Master Trust Capital Samco securities Vs Master Trust Capital
Groww Vs Kotak Securities Samco securities Vs Kotak Securities
Groww Vs Interactive Brokers Samco securities Vs Interactive Brokers
Groww Vs IIFL Securities Samco securities Vs IIFL Securities
Groww Vs Dhani Samco securities Vs Dhani
Groww Vs IDBI Capital Samco securities Vs IDBI Capital
Groww Vs HDFC Securities Samco securities Vs HDFC Securities
Groww Vs Geojit Samco securities Vs Geojit
Groww Vs Fyers Securities Samco securities Vs Fyers Securities
Groww Vs Edelweiss Capital Samco securities Vs Edelweiss Capital
Groww Vs Easytradez Samco securities Vs Easytradez
Groww Vs Rupeezy Samco securities Vs Rupeezy
Groww Vs Anand Rathi Samco securities Vs Anand Rathi
Groww Vs Aditya Birla Money Samco securities Vs Aditya Birla Money
Groww Vs Achiievers Samco securities Vs Achiievers
Groww Vs Angel Broking Samco securities Vs Angel Broking
Groww Vs Motilal Oswal Samco securities Vs Motilal Oswal
Groww Vs ICICI Direct Samco securities Vs ICICI Direct
Groww Vs Sharekhan Samco securities Vs Sharekhan
Groww Vs Tradesmart Online Samco securities Vs Tradesmart Online
Groww Vs Upstox Samco securities Vs Upstox
Groww Vs Zerodha Samco securities Vs Zerodha

Frequently Asked Questions

Is Groww better than Samco securities ?

Groww and Samco securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Samco securities better than Groww ?

Groww and Samco securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww cheaper than Samco securities ?

Groww and Samco securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Samco securities cheaper than Groww ?

Groww and Samco securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Groww vs. Samco securities ?

To find out the better of the two stockbrokers Groww and Samco securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.