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ICICIdirect Vs SAMCO (Compare ICICIdirect and SAMCO)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr... Know more about ICICI Securities Pvt 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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ICICIdirect Vs SAMCO

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  ICICIdirect SAMCO
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX, NCDEX
Year of Incorporation 2000
Number of Branches 154
Open ICICIdirect AccountOpen SAMCO Account

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ICICIdirect Vs SAMCO Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and SAMCO Demat Account AMC Charges is Rs 400.

  ICICIdirect 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 (from 2nd year) Rs 400

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ICICIdirect Vs SAMCO Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order 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 ICICIdirect ICICI Neo Plan SAMCO Standard
Fixed Charges NA NA
Equity Delivery 0.55% Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 0 (Free) Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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.

ICICIdirect Vs SAMCO Brokerage Plan 2

  ICICIdirect SAMCO
Account Type I-Secure Plan Standard
Fixed Charges NA NA
Equity Delivery 0.55% Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday 0.275% Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures 0.05% Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 95 per lot Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per order Rs 20 per trade or 0.02% (whichever is lower)
Open ICICIdirect AccountOpen SAMCO Account

ICICIdirect Charges Vs SAMCO

Minimum Brokerage Rs 35 per trade (I-Secure Plan) 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Margin Trading Interest: 0.025% Per day
Call & Trade Charges Rs 50 per trade Rs 20 per executed order

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ICICIdirect Vs SAMCO Transaction Charges

ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  ICICIdirect SAMCO
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures Rs 180 per Cr (0.0018%) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures Rs 120 per Cr (0.0012%) NSE - Rs 110 per crore (0.0011%)
Currency Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open ICICIdirect AccountOpen SAMCO Account

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ICICIdirect Vs SAMCO Leverage (Margin)

ICICIdirect 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.

  ICICIdirect 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 ICICIdirect AccountOpen SAMCO Account

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Compare ICICIdirect and SAMCO Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  ICICIdirect SAMCO
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader Margin Products - CashPlus, StockPlus, and BTPT
Open ICICIdirect AccountOpen SAMCO Account

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ICICIdirect Vs SAMCO Review

ICICIdirect is rated 2.4 of 5 based on 462 customer reviews whereas SAMCO is rated 3.2 of 5 based on 23 customer reviews.

  ICICIdirect SAMCO
  462 Customer Reviews    Rate ICICIdirect 23 Customer Reviews    Rate SAMCO
Fees 2.2 3.4
Brokerage 1.7 3.9
Trading Platform 3.3 2.7
Customer Service 2.7 3.1
Research Capabilities 2.8 2.5
Overall Ratings Rated 2.4 stars Rated 3.2 stars
Broker Rating ICICIdirect is rated 2.4 of 5 based on 462 customer reviews SAMCO is rated 3.2 of 5 based on 23 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect Enquire SAMCO Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now 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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ICICIdirect Vs SAMCO Investment Options

  ICICIdirect SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
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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ICICIdirect Vs SAMCO Order Type Offered

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

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ICICIdirect Vs SAMCO Research Report

  ICICIdirect SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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ICICIdirect Vs SAMCO Suitable For Investor Type

  ICICIdirect SAMCO
Casual Investor Yes
Active Investor
Trader Yes

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ICICIdirect Vs SAMCO - Pros and Cons

  ICICIdirect 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.
  • 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
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  • 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

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

SAMCO Special Offer

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 ICICIdirect AccountOpen SAMCO Account

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