IIFL Securities Vs SAMCO (Compare IIFL Securities and SAMCO)

IIFL Securities Vs SAMCO

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	IIFL Securities	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Flat Brokerage Plan (FBP)	Standard
Year of Incorporation	1996
Number of Branches	900
Broker Enquiry
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Vs SAMCO Charges & AMC

IIFL Securities trading account opening charges is ₹750 while SAMCO account opening changes is ₹0. IIFL Securities Demat Account AMC Charges is ₹400 per year and SAMCO Demat Account AMC Charges is ₹400.

	IIFL Securities	SAMCO
Trading Account Opening Charges	₹750	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹400 per year	₹400

IIFL Securities Vs SAMCO Brokerage

IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas SAMCO brokerage charges for equity is ₹20 per executed order and intraday is ₹20 per executed order.

	IIFL Securities	SAMCO
Account Type	Flat Brokerage Plan (FBP)	Standard
Fixed Charges	NA
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	0.05%	₹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	1% of Premium or ₹100 per lot, whichever is high
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive 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

IIFL Securities Vs SAMCO Brokerage Plan 2

	IIFL Securities	SAMCO
Account Type	Variable Brokerage Plan (VBP)	Standard
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.15% to 0.60%	₹20 per executed order
Equity Intraday Brokerage	0.02% to 0.05%	₹20 per executed order
Equity Futures Brokerage	0.02% to 0.05%	₹20 per executed order
Equity Options Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever is higher	₹20 per executed order
Currency Futures Trading Brokerage	0.02% to 0.05%	₹20 per executed order
Currency Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i	₹20 per executed order
Commodity Futures Trading Brokerage	0.02% to 0.05%
Commodity Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Vs SAMCO Brokerage Plan 3

	IIFL Securities	SAMCO
Account Type	Advance Brokerage Plan (Prepaid)	Standard
Fixed Charges	₹5,000 to ₹1,00,000	NA
Equity Delivery Brokerage	0.35% to 0.05%	₹20 per executed order
Equity Intraday Brokerage	0.04% to 0.01%	₹20 per executed order
Equity Futures Brokerage	0.04% to 0.01%	₹20 per executed order
Equity Options Brokerage	1% of premium to flat ₹20 per lot	₹20 per executed order
Currency Futures Trading Brokerage	0.04% to 0.01%	₹20 per executed order
Currency Options Trading Brokerage	1% of premium to flat ₹20 per lot	₹20 per executed order
Commodity Futures Trading Brokerage	0.04% to 0.01%
Commodity Options Trading Brokerage	1% of premium to flat ₹20 per lot
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Charges Vs SAMCO

Minimum Brokerage Charges	₹0.05 per share (₹25 Min)	₹0
Other Brokerage Charges	Advisory SMS - ₹50 per month
Call & Trade Charges	₹50 per call	₹20 per executed order

IIFL Securities Vs SAMCO Transaction Charges

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

	IIFL Securities	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
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Vs SAMCO Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.

	IIFL Securities	SAMCO
Equity Delivery	Upto 3x (18% Annual Interest)	Up to 4x
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
	Enquire IIFL Securities	Enquire SAMCO

Compare IIFL Securities and SAMCO Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. SAMCO offers OMNESYS NEST, StockNote trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	OMNESYS NEST, StockNote
Intraday Square-off Time		3:15 PM
Other Features		Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Vs SAMCO Review

IIFL Securities is rated 2.7 of 5 based on 111 customer reviews whereas SAMCO is rated 3.5 of 5 based on 14 customer reviews.

	IIFL Securities	SAMCO
	111 Customer Reviews	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 111 customer reviews	SAMCO is rated 3.5 of 5 based on 14 customer reviews

IIFL Securities Vs SAMCO Investment Options

	IIFL Securities	SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs SAMCO Order Type Offered

	IIFL Securities	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire IIFL Securities	Enquire SAMCO

IIFL Securities Vs SAMCO Research Report

	IIFL Securities	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs SAMCO Suitable For Investor Type

	IIFL Securities	SAMCO
Casual Investor
Active Investor
Trader

IIFL Securities Vs SAMCO - Pros and Cons

	IIFL Securities	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.	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.
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.	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	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
	Enquire IIFL Securities	Enquire SAMCO