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Fyers Vs SAMCO (Compare Fyers and SAMCO)

Fyers Securities Ltd Logo

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 at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, 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 customers who move from traditional brok... Know more about SAMCO Securities Limited

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Fyers Vs SAMCO

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Fyers SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2015
Number of Branches 0
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Charges & AMC

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 300 and SAMCO Demat Account AMC Charges is Rs 400.

  Fyers SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 400

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Fyers Vs SAMCO Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).

Account Type Fyers Flat Fee Brokerage Plan SAMCO Standard
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.

Fyers Charges Vs SAMCO

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 20 per trade Rs 20 per executed order

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Fyers Vs SAMCO Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Fyers SAMCO
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures Rs 240 per Cr (0.0024%) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options Rs 5900 per Cr (on premium) (0.059%) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures Rs 240 per Cr (0.0024%) NSE - Rs 110 per crore (0.0011%)
Currency Options Rs 5900 per Cr (on premium) (0.059%) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity NA Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Leverage (Margin)

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 cash is also up to 20% of the trade value (5x 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 AccountOpen SAMCO Account

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Compare Fyers and SAMCO Features

The trading platforms offered Fyers include Fyers One (In-house build). SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Fyers SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Fyers One (In-house build) StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:20 PM 3:15 PM
Other Features Brokerage free thematic investing is available Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes Yes
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Review

Fyers is rated 3.0 of 5 based on 27 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  Fyers SAMCO
  27 Customer Reviews    Rate Fyers 22 Customer Reviews    Rate SAMCO
Fees 3.3 3.4
Brokerage 3.7 3.8
Trading Platform 3.1 2.6
Customer Service 3.1 3.0
Research Capabilities 2.1 2.3
Overall Ratings Rated 3.0 stars Rated 3.1 stars
Broker Rating Fyers is rated 3.0 of 5 based on 27 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire SAMCO Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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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Fyers Vs SAMCO Investment Options

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

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Fyers Vs SAMCO Order Type Offered

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

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Fyers Vs SAMCO Research Report

  Fyers SAMCO
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 SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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Fyers Vs SAMCO - Pros and Cons

  Fyers SAMCO
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • 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!
  • 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 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.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  • 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

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

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

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 Fyers AccountOpen SAMCO Account

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