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, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs SAMCO?


ICICI Direct
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 Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt 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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ICICI Direct Vs SAMCO

Incorporated in 2000, ICICI Direct 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.

  ICICI Direct SAMCO
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Standard
Year of Incorporation 2000
Number of Branches 154
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.
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ICICI Direct Vs SAMCO Charges & AMC

ICICI Direct trading account opening charges is ₹0 while SAMCO account opening changes is ₹0. ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and SAMCO Demat Account AMC Charges is ₹400.

  ICICI Direct SAMCO
Trading Account Opening Charges ₹0 ₹0
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 (from 2nd year) ₹400
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ICICI Direct Vs SAMCO Brokerage Charges & Plans

ICICI Direct Vs SAMCO Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas SAMCO brokerage charges for equity is ₹20 per executed order and intraday is ₹20 per executed order.

  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

ICICI Direct Vs SAMCO 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
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ICICI Direct Vs SAMCO 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
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ICICI Direct Charges Vs SAMCO

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 Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while SAMCO exchange transaction charges for options is NSE ₹5000 per crore | BSE ₹1 per trade (each side).

  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 Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.

  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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Compare ICICI Direct and SAMCO Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. SAMCO offers OMNESYS NEST, StockNote trading software.

  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 is rated 2.4 of 5 based on 430 customer reviews whereas SAMCO is rated 3.5 of 5 based on 15 customer reviews.

  ICICI Direct SAMCO
  430 Customer Reviews    Rate ICICI Direct 15 Customer Reviews    Rate SAMCO
Fees 2.3 3.6
Trading Brokerage 1.7 4.0
Trading Platform Usability 3.4 2.8
Customer Service 2.7 3.5
Research Capabilities 3.1 3.3
Overall Ratings Rated 2.4 stars Rated 3.5 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 430 customer reviews SAMCO is rated 3.5 of 5 based on 15 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 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 - Pros and Cons

  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.
  • 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.
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.
  • 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

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

Enquire ICICI DirectEnquire SAMCO

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