IDBI Capital Vs SAMCO (Compare IDBI Capital and SAMCO)

IDBI Capital Vs SAMCO

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	IDBI Capital	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, NSDL	BSE, NSE, MCX, NCDEX
Year of Incorporation	1993
Number of Branches	14
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IDBI Capital Vs SAMCO Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while SAMCO account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and SAMCO Demat Account AMC Charges is Rs 400.

	IDBI Capital	SAMCO
Trading Account Opening Charges	Rs 500	Rs 0 (Free)
Trading Account AMC Charges	NIL	Rs 0 (Free)
Demat Account Opening Charges	NIL	Rs 0 (Free)
Demat Account AMC Charges	Rs 450	Rs 400

IDBI Capital Vs SAMCO Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

	IDBI Capital	SAMCO
Account Type	Standard Plan	Standard
Fixed Charges		NA
Equity Delivery	0.50%	Rs 20 per executed order
Equity Intraday	0.05%	Rs 20 per executed order
Equity Futures	0.05%	Rs 20 per executed order
Equity Options	Rs 100 per lot	Rs 20 per executed order
Currency Futures	NA	Rs 20 per executed order
Currency Options	NA	Rs 20 per executed order
Commodity Futures	NA
Commodity Options	NA
Special Offer		Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

IDBI Capital Vs SAMCO Brokerage Plan 2

	IDBI Capital	SAMCO
Account Type	Ace Trader Plan	Standard
Fixed Charges		NA
Equity Delivery	0.10% to 0.50%	Rs 20 per executed order
Equity Intraday	0.020% to 0.050%	Rs 20 per executed order
Equity Futures	0.020% to 0.048%	Rs 20 per executed order
Equity Options	Rs 100 per lot	Rs 20 per executed order
Currency Futures		Rs 20 per executed order
Currency Options		Rs 20 per executed order
Commodity Futures
Commodity Options
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IDBI Capital Charges Vs SAMCO

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.	Rs 0
Other Charges
Call & Trade Charges	Nil	Rs 20 per executed order

IDBI Capital Vs SAMCO Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while SAMCO exchange transaction charges for options is NSE Rs 5000 per crore | BSE Rs 1 per trade (each side).

	IDBI Capital	SAMCO
Equity Delivery	0.00325%	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Intraday	0.00325%	NSE Rs 325 per crore | BSE Rs 1 per trade (each side)
Equity Futures	0.0019%	NSE Rs 190 per crore | BSE Rs 1 per trade (each side)
Equity Options	0.051% on premium	NSE Rs 5000 per crore | BSE Rs 1 per trade (each side)
Currency Futures	NA	NSE Rs 110 per crore (0.0011%)
Currency Options	NA	NSE Rs 4000 (on premium) per crore (0.040%)
Commodity	NA	Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
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IDBI Capital Vs SAMCO Leverage (Margin)

IDBI Capital 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.

	IDBI Capital	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)
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Compare IDBI Capital and SAMCO Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. SAMCO offers OMNESYS NEST, StockNote trading software.

	IDBI Capital	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	Power Pro, Power Streaming, IDBI Direct	OMNESYS NEST, StockNote
Intraday Square-off Time	3:00 PM	3:15 PM
Other Features	Morning Report, Equity SIP, Investment Guide	Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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IDBI Capital Vs SAMCO Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas SAMCO is rated 3.3 of 5 based on 20 customer reviews.

	IDBI Capital	SAMCO
	40 Customer Reviews	20 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	SAMCO is rated 3.3 of 5 based on 20 customer reviews

IDBI Capital Vs SAMCO Investment Options

	IDBI Capital	SAMCO
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs SAMCO Order Type Offered

	IDBI Capital	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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IDBI Capital Vs SAMCO Research Report

	IDBI Capital	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs SAMCO Suitable For Investor Type

	IDBI Capital	SAMCO
Casual Investor
Active Investor
Trader

IDBI Capital Vs SAMCO - Pros and Cons

	IDBI Capital	SAMCO
Pros	- Prepaid plans are available for volume traders.	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	- Additional charge of Rs 2000 per year for installable trading platform.	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		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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