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Fyers Vs SAMCO (Compare Fyers and SAMCO)

The side-by-side comparison of Fyers and SAMCO. Compare Fyers Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and Fyers review.

Find out Fyers Vs SAMCO which is better and Fyers Vs SAMCO which is best.

Our Fyers Securities Ltd comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between Fyers and SAMCO.

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Fyers Vs SAMCO

  Fyers Securities Ltd SAMCO Securities Limited
 
Fyers Securities Ltd Logo SAMCO Securities Limited Logo
About the Broker Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi... Know more about Fyers Securities Ltd SAMCO is India based online discount broker. It offers stock and commodity trading at NSE, BSE, and MCX. SAMCO's NBFC arm provide the margin funding, loan against shares and other financial products. It also offers depository services (demat account)... Know more about SAMCO Securities Limited
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Flat Fee Brokerage Plan Standard
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
Year of Incorporation 2015
Number of Branches 1
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Fyers Vs SAMCO Charges

  Fyers Securities Ltd SAMCO Securities Limited
Trading Account Opening Fees ₹0 (Free) ₹0
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹400 ₹400
Demat Account is Mandatory? No No
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Fyers Vs SAMCO Brokerage

Brokerage Plan 1

  Fyers Securities Ltd SAMCO Securities Limited
Account Type Flat Fee Brokerage Plan Standard
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹20 per executed order
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per executed order
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per executed order
Equity Options Brokerage ₹20 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per executed order
Currency Options Trading Brokerage ₹20 per executed order ₹20 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹20 per trade ₹20 per executed order
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Fyers Vs SAMCO Taxes

  Fyers Securities Ltd SAMCO Securities Limited
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Fyers Vs SAMCO Transaction Charges

  Fyers Securities Ltd SAMCO Securities Limited
Equity Delivery ₹325 per crore (0.00325%) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday ₹325 per crore (0.00325%) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures ₹240 per crore (0.0024%) NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options ₹5900 per crore (on premium) (0.059%) NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures ₹240 per crore (0.0024%) NSE ₹110 per crore (0.0011%)
Currency Options ₹5900 per crore (on premium) (0.059%) NSE ₹4000 (on premium) per crore (0.040%)
Commodity NA Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Fyers Vs SAMCO Exposure Margin

  Fyers Securities Ltd SAMCO Securities Limited
Equity Delivery 1 times 1x (no margin)
Equity Intraday Up to 16x (based on the stock) Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity NA Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Fyers and SAMCO Feature Comparison

  Fyers Securities Ltd SAMCO Securities Limited
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Fyers One (In-house build) OMNESYS NEST, StockNote
Intraday Square-off Time 3:20 PM 3:15 PM
Other Features Brokerage free thematic investing is available Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program Yes
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Fyers Vs SAMCO Review

  Fyers Securities Ltd SAMCO Securities Limited
  8 Customer Reviews    Rate Fyers 11 Customer Reviews    Rate SAMCO
Fees Ratings 3.1 3.5
Trading Brokerage Rating 3.9 4.1
Trading Platform Usability 3.0 2.8
Customer Service Ratings 4.0 3.7
Overall Ratings Rated 3.6 stars Rated 3.7 stars
Broker Rating Fyers is Rated 3.6 / 5 based on 8 customer reviews SAMCO is Rated 3.7 / 5 based on 11 customer reviews
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Contact Broker / Request A Call Back

  Fyers Securities Ltd SAMCO Securities Limited
Contact / Request Call Back
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Fyers Vs SAMCO Investment Options

  Fyers Securities Ltd SAMCO Securities Limited
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Bond / NCD No
Debt No No
Other Investment Options
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Fyers Vs SAMCO Customer Service

  Fyers Securities Ltd SAMCO Securities Limited
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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Fyers Vs SAMCO Order Type Offered

  Fyers Securities Ltd SAMCO Securities Limited
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Fyers Vs SAMCO Research Report

  Fyers Securities Ltd SAMCO Securities Limited
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Fyers Vs SAMCO Suitable For Investor Type

  Fyers Securities Ltd SAMCO Securities Limited
Casual Investor
Active Investor Yes
Trader Yes Yes
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Fyers Vs SAMCO - Advantages and Disadvantages

  Fyers Securities Ltd SAMCO Securities Limited
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!

More Advantages...

  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat ₹20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products available for delivery margin and margin against shares.
  • StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares.
  • Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free ‘NEST Trader’ install-able trading terminal for frequent traders.

More Advantages...

Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

More Disadvantages...

  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).

More Disadvantages...

Reviews
Promo / Offers

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

SAMCO has 2 limited time special offers running at this time.

  1. Trading & Demat Account Opening Fee Waived

    Open trading and demat account at absolutely no cost. The account opening fee is waived for limited period of time.

  2. 100% Brokerage Cash Back for 1st Month

    Open an account with SAMCO, download mobile trading app StockNote and get 100% cashback on brokerage paid for trades done through mobile app in 1st month. This cashback offer works only for trade executed using mobile app.

Enquire about Fyers
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