IIFL Vs SAMCO (Compare IIFL and SAMCO)
The side-by-side comparison of IIFL and SAMCO. Compare IIFL Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and IIFL review.
Find out IIFL Vs SAMCO which is better and IIFL Vs SAMCO which is best.
Our IIFL Securities Limited comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between IIFL and SAMCO.
IIFL Vs SAMCO
IIFL
SAMCO
Find more info about broker
About the Broker
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...
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
Full Service Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
Standard Account
Standard
Broker Enquiry
Year of Incorporation
1996
Number of Branches
900
Enquire IIFL
Enquire SAMCO
IIFL Vs SAMCO Charges
IIFL
SAMCO
Trading Account Opening Fees
₹750
₹0
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹555
₹0
Demat Account AMC
₹ 400 (One time)
₹400
Demat Account is Mandatory?
No
No
IIFL Vs SAMCO Brokerage
Brokerage Plan 1
IIFL
SAMCO
Account Type
Standard Account
Standard
Fixed Charges
Equity Delivery Brokerage
0.50%
₹20 per executed order
Equity Intraday Brokerage
0.05%
₹20 per executed order
Equity Futures Brokerage
0.05%
₹20 per executed order
Equity Options Brokerage
1% of Premium or ₹100 per lot whichever is high
₹20 per executed order
Currency Futures Trading Brokerage
₹25 per lot
₹20 per executed order
Currency Options Trading Brokerage
1% of Premium or ₹100 per lot whichever is high
₹20 per executed order
Commodity Futures Trading Brokerage
0.05%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0.05 per share
₹0
Other Brokerage Charges
Advisory SMS - ₹50 per month
Call & Trade Charges
₹50 per call
₹20 per executed order
IIFL Vs SAMCO Taxes
IIFL
SAMCO
Securities Transaction Tax (STT)
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
IIFL Vs SAMCO Transaction Charges
IIFL
SAMCO
Equity Delivery
0.00325%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday
0.00325%
NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures
0.0021%
NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options
0.051% on premium
NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures
0.0021%
NSE ₹110 per crore (0.0011%)
Currency Options
0.051% on premium
NSE ₹4000 (on premium) per crore (0.040%)
Commodity
0.0028%
Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
IIFL Vs SAMCO Exposure Margin
IIFL
SAMCO
Equity Delivery
Upto 3x with 18% interest per year
1x (no margin)
Equity Intraday
Upto 20x
Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
3x for shorting
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Upto 2x
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
2x for shorting
Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
IIFL and SAMCO Feature Comparison
IIFL
SAMCO
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
TT Exe, TT Web, IIFL Markets
OMNESYS NEST, StockNote
Intraday Square-off Time
3:15 PM
Other Features
Market Mantra, Loyalty Points
Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
IIFL Vs SAMCO Review
IIFL
SAMCO
105 Customer Reviews
11 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
IIFL is Rated 2.7 / 5 based on 105 customer reviews SAMCO is Rated 3.7 / 5 based on 11 customer reviews
IIFL Vs SAMCO Investment Options
IIFL
SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
IIFL Vs SAMCO Customer Service
IIFL
SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches
IIFL Vs SAMCO Order Type Offered
IIFL
SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
IIFL Vs SAMCO Research Report
IIFL
SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
IIFL Vs SAMCO Suitable For Investor Type
IIFL
SAMCO
Casual Investor
Active Investor
Trader
IIFL Vs SAMCO - Advantages and Disadvantages
IIFL
SAMCO
Pros
4000+ branches in 900+ cities make them your neighborhood broker.
Being a full service broker, they offer wide range of financial products and services.
IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
India Infoline Ltd is a publicly traded company listed at BSE and NSE.
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
SMS alerts at additional ₹249 per month
Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
India Infoline doesn't provide 3-in-1 account.
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
Promo / Offers
Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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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