ICICIDirect Vs SAMCO (Compare ICICIDirect and SAMCO)

• Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO

• Review
• FAQs
• Brokerage
• Demat Acct
• Mobile App
• Account Opening
• Branches
• IPO

• 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...

• 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.
• Commodity trading is not available for retail investors.
• Call & trade cost extra Rs 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...

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