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IIFL Securities Vs SAMCO (Compare IIFL Securities and SAMCO)

IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD...

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The customers who move from traditional brok...

SAMCO Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1996
Number of Branches	900
	Open IIFL Securities Account	Open SAMCO Account

IIFL Securities Vs SAMCO Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and SAMCO Demat Account AMC Charges is Rs 400.

	IIFL Securities	SAMCO
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 400

IIFL Securities Vs SAMCO Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order 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	IIFL Securities iServe	SAMCO Standard
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	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 20 per order	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: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	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.

IIFL Securities Charges Vs SAMCO

Minimum Brokerage		0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges	Advisory SMS - Rs 50 per month
Call & Trade Charges	Rs 50 per call	Rs 20 per executed order

IIFL Securities Vs SAMCO Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (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.

	IIFL Securities	SAMCO
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 345 per crore (0.00345%) \| BSE Rs 345 per crore (0.00345%)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 345 per crore (0.00345%) \| BSE Rs 345 per crore (0.00345%)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 200 per crore (0.0020%) \| BSE Rs 1 per trade
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 5,300 per crore (0.053%) on Premium \| BSE Rs 1 per trade
Currency Futures	Rs 210 per Cr (0.0021%)	NSE - Rs 110 per crore (0.0011%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity	Group A - Rs 280 per Cr (0.0028%)	Non-Agri Rs 260 (0.0026%) \| Agri Rs 175 per Crore
	Open IIFL Securities Account	Open SAMCO Account

IIFL Securities Vs SAMCO Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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 IIFL Securities Account	Open SAMCO Account

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 StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time		3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Margin Products - CashPlus, StockPlus, and BTPT
	Open IIFL Securities Account	Open SAMCO Account

IIFL Securities Vs SAMCO Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas SAMCO is rated 3.3 of 5 based on 24 customer reviews.

	IIFL Securities	SAMCO
	128 Customer Reviews	24 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	SAMCO is rated 3.3 of 5 based on 24 customer reviews

Contact Broker / Request A Call Back

	IIFL Securities Enquire	SAMCO Enquire
Contact Broker	Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	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.

IIFL Securities Vs SAMCO Investment Options

	IIFL Securities	SAMCO
Stock / Equity
Commodity
Currency
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)
	Open IIFL Securities Account	Open SAMCO Account

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	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	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	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	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	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	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 IIFL Securities Account	Open SAMCO Account

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Compare IIFL Securities	Compare SAMCO
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