ICICIDirect Vs SAMCO Share Broker Comparison
The side-by-side comparison of ICICI Securities Pvt Ltd. and SAMCO Securities Limited stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and SAMCO's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and SAMCO.
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
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| About the Broker |
ICICIdirect 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...  |
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)... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MCX, NCDEX |
| Account Type
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3-in-1 Account (I-Secure Plan) |
Standard |
| Broker Enquiry |
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Stock Broker Fees / Charges
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Trading Account Opening Fees
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₹975 |
₹0 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹600 |
₹400 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Account Type |
3-in-1 Account (I-Secure Plan) |
Standard |
| Fixed Charges
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| Equity Delivery Brokerage
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0.55% |
₹20 per executed order |
| Equity Intraday Brokerage
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0.275% |
₹20 per executed order |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per executed order |
| Equity Options Brokerage
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₹95 to ₹35 per lot |
₹20 per executed order |
| Currency Futures Trading Brokerage
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0.050% to 0.030% |
₹20 per executed order |
| Currency Options Trading Brokerage
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₹25 to ₹10 per lot |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Account Type |
I-Saver Plan |
Standard |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.75% to 0.25% |
₹20 per executed order |
| Equity Intraday Brokerage
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0.75% to 0.25% |
₹20 per executed order |
| Equity Futures Brokerage
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0.05% to 0.03% |
₹20 per executed order |
| Equity Options Brokerage
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₹95 to ₹65 per lot |
₹20 per executed order |
| Currency Futures Trading Brokerage
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0.05% to 0.03% |
₹20 per executed order |
| Currency Options Trading Brokerage
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₹95 to ₹65 per lot |
₹20 per executed order |
| Commodity Futures Trading Brokerage
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NA |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹35 per trade |
₹0 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹25 per call after first 20 free calls per month |
₹20 per executed order |
Taxes
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Equity Delivery
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE: 0.0031% | BSE: 0.0028% |
NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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0.0018% |
NSE ₹190 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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0.05% on Premium |
NSE ₹5000 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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0.0012% |
NSE ₹110 per crore (0.0011%) |
| Currency Options
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0.05% on Premium |
NSE ₹4000 (on premium) per crore (0.040%) |
| Commodity
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NA |
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore |
Exposure
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Equity Delivery
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1x (no margin) |
| Equity Intraday
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Normal Orders: 3x to 15x | CO & BO: Up to 33x |
| Equity Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App |
OMNESYS NEST, StockNote |
| Intraday Square-off Time
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3:30 PM |
3:15 PM |
| Other Features
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Margin Products - CashPlus, StockPlus, and InstaPlus |
Broker Ratings (Average User Rating)
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
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395 Customer Reviews  |
11 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 395 customer reviews |
SAMCO is Rated 3.7 / 5 based on 11 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS |
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Customer Service Offered
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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ICICI Securities Pvt Ltd. |
SAMCO Securities Limited |
| Pros
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- 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
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- 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... |
| Reviews
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| Promo / Offers
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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.
- 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.
- 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.
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Enquire about ICICIDirect
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee