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ICICI Direct Vs SAMCO (Compare ICICI Direct and SAMCO)

ICICI Direct
ICICI Direct 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. ICICI Direct's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI ...

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...

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
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000
Number of Branches	154

	Open ICICI Direct Account	Enquire SAMCO

ICICI Direct Vs SAMCO Charges & AMC

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

	ICICI Direct	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

ICICI Direct Vs SAMCO Brokerage Charges & Plans

ICICI Direct Vs SAMCO Brokerage

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

	ICICI Direct	SAMCO
Account Type	ICICI Neo Plan	Standard
Fixed Charges	NA	NA
Equity Delivery	0.55%	Rs 20 per executed order
Equity Intraday	Rs 20 per order	Rs 20 per executed order
Equity Futures	Rs 0 (Free)	Rs 20 per executed order
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per executed order
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
Special Offer	Special Offer: ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 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. Get the offer

ICICI Direct Vs SAMCO Brokerage Plan 2

	ICICI Direct	SAMCO
Account Type	I-Secure Plan	Standard
Fixed Charges	NA	NA
Equity Delivery	0.55%	Rs 20 per executed order
Equity Intraday	0.275%	Rs 20 per executed order
Equity Futures	0.05%	Rs 20 per executed order
Equity Options	Rs 95 per lot	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per executed order
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
	Open ICICI Direct Account	Enquire SAMCO

ICICI Direct Charges Vs SAMCO

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 0
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 20 per executed order

ICICI Direct Vs SAMCO Transaction Charges

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

	ICICI Direct	SAMCO
Equity Delivery	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	NSE Rs 325 per crore \| BSE Rs 1 per trade (each side)
Equity Intraday	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	NSE Rs 325 per crore \| BSE Rs 1 per trade (each side)
Equity Futures	Rs 180 per Cr (0.0018%)	NSE Rs 190 per crore \| BSE Rs 1 per trade (each side)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per crore \| BSE Rs 1 per trade (each side)
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 4000 (on premium) per crore (0.040%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Non-Agri Rs 260 (0.0026%) \| Agri Rs 175 per Crore
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ICICI Direct Vs SAMCO Leverage (Margin)

ICICI Direct margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the SAMCO margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	ICICI Direct	SAMCO
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open ICICI Direct Account	Enquire SAMCO

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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 449 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	ICICI Direct	SAMCO
	449 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 449 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

Contact Broker / Request A Call Back

	ICICI Direct Enquire	SAMCO Enquire
Contact Broker	ICICIDirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 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. Get the offer Name Phone # Email City Name State Are you a day trader?

ICICI Direct Vs SAMCO Investment Options

	ICICI Direct	SAMCO
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs SAMCO Order Type Offered

	ICICI Direct	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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ICICI Direct Vs SAMCO Research Report

	ICICI Direct	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICI Direct Vs SAMCO Suitable For Investor Type

	ICICI Direct	SAMCO
Casual Investor
Active Investor
Trader

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 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 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 (Intraday and F&O) in BSE, NSE and MCX Free trading tips Get funds in your bank account in just 30 minutes of selling stocks Interested in opening a trading account? Open Instant Account Now	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. Get the Special Offer
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