ICICIdirect Vs SAMCO (Compare ICICIdirect and SAMCO)

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 Account	Open SAMCO Account

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

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 Account	Open 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

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 Account	Open SAMCO Account

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 Account	Open SAMCO Account

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
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	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
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Margin Products - CashPlus, StockPlus, and BTPT
	Open ICICIdirect Account	Open SAMCO Account

ICICIdirect Vs SAMCO Review

ICICIdirect is rated 2.4 of 5 based on 465 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.

	ICICIdirect	SAMCO
	465 Customer Reviews	24 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.4 of 5 based on 465 customer reviews	SAMCO is rated 3.3 of 5 based on 24 customer reviews

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ICICIdirect Vs SAMCO Investment Options

	ICICIdirect	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

ICICIdirect Vs SAMCO Order Type Offered

	ICICIdirect	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open ICICIdirect Account	Open SAMCO Account

ICICIdirect Vs SAMCO Research Report

	ICICIdirect	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs SAMCO Suitable For Investor Type

	ICICIdirect	SAMCO
Casual Investor
Active Investor
Trader

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 Account	Open SAMCO Account