Fyers Vs SAMCO (Compare Fyers and SAMCO)


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
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) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir... 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 an Online Trading Account with Fyers.Open an Online Trading Account with SAMCO.
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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 Charges & Plans

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 executed order and intraday is Rs 20 per executed order.

  Fyers SAMCO
Account Type Flat Fee Brokerage Plan Standard
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 20 per executed order
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
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. Get the offer

Fyers Charges Vs SAMCO

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower Rs 0
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 5000 per crore | BSE Rs 1 per trade (each side).

  Fyers SAMCO
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures Rs 240 per Cr (0.0024%) NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options Rs 5900 per Cr (on premium) (0.059%) NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
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 4000 (on premium) per crore (0.040%)
Commodity NA Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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Fyers Vs SAMCO Leverage (Margin)

Fyers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAMCO margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Fyers SAMCO
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Fyers and SAMCO Features

The trading platforms offered Fyers include Fyers One (In-house build). SAMCO offers OMNESYS NEST, StockNote trading software.

  Fyers SAMCO
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 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 is rated 3.2 of 5 based on 21 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

  Fyers SAMCO
  21 Customer Reviews    Rate Fyers 20 Customer Reviews    Rate SAMCO
Fees 3.3 3.5
Brokerage 3.7 3.9
Trading Platform 3.2 2.8
Customer Service 3.4 3.3
Research Capabilities 1.7 2.6
Overall Ratings Rated 3.2 stars Rated 3.3 stars
Broker Rating Fyers is rated 3.2 of 5 based on 21 customer reviews SAMCO is rated 3.3 of 5 based on 20 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. Get the offer
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Fyers Vs SAMCO Investment Options

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

  Fyers SAMCO
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 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.

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.

Get the Special Offer

Open Fyers AccountEnquire SAMCO

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