About Fyers
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. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ... 
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...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 1995, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Fyers | SAMCO | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2015 | 1995 |
| Number of Branches | 0 | |
| Open Fyers Account |
Fyers trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).
| Fyers | SAMCO | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | First Year: Free, Rs 400 (Free for 1st year) |
Fyers Brokerage Charges for equity is 0.3% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas SAMCO brokerage charges for equity is 0.5% of the transaction value or ₹20 per executed order and Intraday is 0.5% of the transaction value or ₹20 per executed order.
| Account Type | Fyers Flat Fee Brokerage Plan | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.3% or Rs 20, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | 0.03% or Rs 20, whichever is lower | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 20 per executed order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | 0.03% or Rs 20, whichever is lower | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per executed order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 20 per executed order | ₹20 per executed order (or 0.5% of the transaction value) |
| Special Offer | Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | 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. |
| Minimum Brokerage | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments | |
| Other Charges | Auto Square-off charges: Rs 50 per order, NRI Brokerage: Rs 50 (equity delivery) | Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order |
| Call & Trade Charges | Rs 50 per order | Rs 50 + GST |
| Open Fyers Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Fyers | 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 Fyers Account |
The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next, Fyers One. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.
| Fyers | SAMCO | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Fyers App, Fyers Web, Fyers Next, Fyers One | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | API Trading | Stock SIP, US Stocks |
| Open Fyers Account |
Fyers is rated of 5 based on 39 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
| Fyers | SAMCO | |
|---|---|---|
39 Customer Reviews  | 26 Customer Reviews | |
| Fees |  | |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Fyers is Rated 2.9 / 5 based on 39 customer reviews | SAMCO is Rated 3.2 / 5 based on 26 customer reviews |
| Fyers | SAMCO | |
|---|---|---|
| Contact Broker | ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments | 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. |
| Fyers | SAMCO | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Fyers | SAMCO | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Fyers | SAMCO | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Fyers Special OfferFYERS Trade Smart. Pay Less
This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today. | SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
| Open Fyers Account |
Expand all
Open Fyers Account