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IIFL Securities Vs SAMCO (Compare IIFL Securities and SAMCO)

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO Securities Limited

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IIFL Securities Vs SAMCO

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  IIFL Securities SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 1996
Number of Branches 900
Open IIFL Securities AccountOpen SAMCO Account

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IIFL Securities Vs SAMCO Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and SAMCO Demat Account AMC Charges is Rs 400.

  IIFL Securities SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 250 (Free for 1st year) Rs 400

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IIFL Securities Vs SAMCO Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type IIFL Securities iServe SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 20 per order Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 20 per order Rs 20 per trade
Currency Futures Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per order Rs 20 per trade
Commodity Futures Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Rs 20 per order
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

IIFL Securities Charges Vs SAMCO

Minimum Brokerage 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call Rs 20 per executed order

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IIFL Securities Vs SAMCO Transaction Charges

IIFL Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  IIFL Securities SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Group A - Rs 280 per Cr (0.0028%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open IIFL Securities AccountOpen SAMCO Account

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IIFL Securities Vs SAMCO Leverage (Margin)

IIFL Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  IIFL Securities SAMCO
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open IIFL Securities AccountOpen SAMCO Account

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Compare IIFL Securities and SAMCO Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  IIFL Securities SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Open IIFL Securities AccountOpen SAMCO Account

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IIFL Securities Vs SAMCO Review

IIFL Securities is rated 2.6 of 5 based on 130 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  IIFL Securities SAMCO
  130 Customer Reviews    Rate IIFL Securities 26 Customer Reviews    Rate SAMCO
Fees 2.8 3.4
Brokerage 2.6 3.8
Trading Platform 3.2 2.8
Customer Service 2.6 3.2
Research Capabilities 3.0 2.6
Overall Ratings Rated 2.6 stars Rated 3.2 stars
Broker Rating IIFL Securities is rated 2.6 of 5 based on 130 customer reviews SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  IIFL Securities Enquire SAMCO Enquire
Contact Broker Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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IIFL Securities Vs SAMCO Investment Options

  IIFL Securities SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt Yes No
Other Investment Options Insurance

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IIFL Securities Vs SAMCO Order Type Offered

  IIFL Securities SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Open IIFL Securities AccountOpen SAMCO Account

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IIFL Securities Vs SAMCO Research Report

  IIFL Securities SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IIFL Securities Vs SAMCO Suitable For Investor Type

  IIFL Securities SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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IIFL Securities Vs SAMCO - Pros and Cons

  IIFL Securities SAMCO
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
Cons
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews
Promo / Offers

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Open IIFL Securities AccountOpen SAMCO Account

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