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ICICI Direct Vs SAMCO (Compare ICICI Direct and SAMCO)

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

Find out ICICI Direct Vs SAMCO which is better and ICICI Direct Vs SAMCO which is best.

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

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ICICI Direct Vs SAMCO

  ICICI Direct SAMCO
Find more info about broker
ICICI Securities Pvt Ltd. Logo SAMCO Securities Limited Logo
About the Broker ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Grou... Know more about ICICI Securities Pvt 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 Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Standard
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SAMCO. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000
Number of Branches 154
Enquire ICICI Direct Enquire SAMCO
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ICICI Direct Vs SAMCO Charges

  ICICI Direct SAMCO
Trading Account Opening Fees ₹975 ₹0
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹700 ₹400
Demat Account is Mandatory? No No
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ICICI Direct Vs SAMCO Brokerage

Brokerage Plan 1

  ICICI Direct SAMCO
Account Type 3-in-1 Account (I-Secure Plan) Standard
Fixed Charges
Equity Delivery Brokerage 0.55% ₹20 per executed order
Equity Intraday Brokerage 0.275% ₹20 per executed order
Equity Futures Brokerage 0.05% to 0.03% ₹20 per executed order
Equity Options Brokerage ₹95 to ₹35 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.050% to 0.030% ₹20 per executed order
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹20 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Brokerage Plan 2

  ICICI Direct SAMCO
Account Type I-Saver Plan Standard
Fixed Charges NA
Equity Delivery Brokerage 0.75% to 0.25% ₹20 per executed order
Equity Intraday Brokerage 0.75% to 0.25% ₹20 per executed order
Equity Futures Brokerage 0.05% to 0.03% ₹20 per executed order
Equity Options Brokerage ₹95 to ₹65 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.05% to 0.03% ₹20 per executed order
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹20 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  ICICI Direct SAMCO
Account Type ICICIdirect Prime Plan Standard
Fixed Charges ₹900 NA
Equity Delivery Brokerage 0.25% ₹20 per executed order
Equity Intraday Brokerage 0.25% ₹20 per executed order
Equity Futures Brokerage 0.025% ₹20 per executed order
Equity Options Brokerage ₹35 ₹20 per executed order
Currency Futures Trading Brokerage ₹0 ₹20 per executed order
Currency Options Trading Brokerage ₹0 ₹20 per executed order
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹35 per trade ₹0
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per executed order
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ICICI Direct Vs SAMCO Taxes

  ICICI Direct SAMCO
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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ICICI Direct Vs SAMCO Transaction Charges

  ICICI Direct SAMCO
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures ₹180 per Cr (0.0018%) NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures ₹120 per Cr (0.0012%) NSE ₹110 per crore (0.0011%)
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹4000 (on premium) per crore (0.040%)
Commodity NA Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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ICICI Direct Vs SAMCO Exposure Margin

  ICICI Direct SAMCO
Equity Delivery 5x with Interest Up to 4x
Equity Intraday Upto 25x Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures 4x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options 2x for shorting Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures NA Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures NA Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
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ICICI Direct and SAMCO Feature Comparison

  ICICI Direct SAMCO
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App OMNESYS NEST, StockNote
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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ICICI Direct Vs SAMCO Review

  ICICI Direct SAMCO
  411 Customer Reviews    Rate ICICI Direct 14 Customer Reviews    Rate SAMCO
Fees 2.3 3.6
Trading Brokerage 1.7 4.0
Trading Platform Usability 3.4 2.8
Customer Service 2.8 3.4
Research Capabilities 4.3 3.0
Overall Ratings Rated 2.4 stars Rated 3.5 stars
Broker Rating ICICI Direct is Rated 2.4 / 5 based on 411 customer reviews SAMCO is Rated 3.5 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire SAMCO Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

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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ICICI Direct Vs SAMCO Investment Options

  ICICI Direct SAMCO
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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ICICI Direct Vs SAMCO Customer Service

  ICICI Direct SAMCO
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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ICICI Direct Vs SAMCO Order Type Offered

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

  ICICI Direct SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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ICICI Direct Vs SAMCO Suitable For Investor Type

  ICICI Direct SAMCO
Casual Investor Yes
Active Investor
Trader Yes
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ICICI Direct Vs SAMCO - Advantages and Disadvantages

  ICICI Direct SAMCO
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

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
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

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

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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

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