The side-by-side comparison of IIFL Securities and SAMCO. Compare IIFL Securities Vs SAMCO brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best IIFL Securities vs SAMCO?
IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India 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 pr...
SAMCO
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) through CDSL.
Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir...
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 | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
Account Type | Investor Plan (Online Plus) | Standard |
Year of Incorporation | 1996 | |
Number of Branches | 900 | |
Broker Enquiry |
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IIFL Securities trading account opening charges is Rs 250 (Currently waived off) while SAMCO account opening changes is Rs 0. IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year) and SAMCO Demat Account AMC Charges is Rs 400.
IIFL Securities | SAMCO | |
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Trading Account Opening Charges | Rs 250 (Currently waived off) | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 250 (Free for first year) | Rs 400 |
IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas SAMCO brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
IIFL Securities | SAMCO | |
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Account Type | Investor Plan (Online Plus) | Standard |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.25% | Rs 20 per executed order |
Equity Intraday Brokerage | 0.025% | Rs 20 per executed order |
Equity Futures Brokerage | 0.025% | Rs 20 per executed order |
Equity Options Brokerage | Rs 25 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.025% or Rs 20 per lot | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 8 per lot | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.025% | |
Commodity Options Trading Brokerage | Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80 | |
Special Offer | Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 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 | SAMCO | |
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Account Type | Premium Plan (Dedicated RM) | Standard |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.50% | Rs 20 per executed order |
Equity Intraday Brokerage | 0.05% | Rs 20 per executed order |
Equity Futures Brokerage | 0.05% | Rs 20 per executed order |
Equity Options Brokerage | Rs 50 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.05% or Rs 20 per lot | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.05% | |
Commodity Options Trading Brokerage | Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100 | |
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IIFL Securities | SAMCO | |
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Account Type | Super Trader Plan (Pro Traders) | Standard |
Fixed Charges | Rs 999 | NA |
Equity Delivery Brokerage | 0.10% | Rs 20 per executed order |
Equity Intraday Brokerage | 0.01% | Rs 20 per executed order |
Equity Futures Brokerage | 0.01% | Rs 20 per executed order |
Equity Options Brokerage | flat Rs 10 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.015% or Rs 15 per lot | Rs 20 per executed order |
Currency Options Trading Brokerage | flat Rs 5 per lot | Rs 20 per executed order |
Commodity Futures Trading Brokerage | 0.015% | |
Commodity Options Trading Brokerage | Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50 | |
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Minimum Brokerage Charges | Rs 0.05 per share (Rs 25 Min) | Rs 0 |
Other Brokerage Charges | Advisory SMS - Rs 50 per month | |
Call & Trade Charges | Rs 50 per call | Rs 20 per executed order |
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 5000 per crore | BSE Rs 1 per trade (each side).
IIFL Securities | SAMCO | |
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Equity Delivery | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore | BSE Rs 1 per trade (each side) |
Equity Intraday | Rs 325 per Cr (0.00325%) | NSE Rs 325 per crore | BSE Rs 1 per trade (each side) |
Equity Futures | Rs 210 per Cr (0.0021%) | NSE Rs 190 per crore | BSE Rs 1 per trade (each side) |
Equity Options | Rs 5100 per Cr (0.051%) (on premium) | NSE Rs 5000 per crore | BSE Rs 1 per trade (each side) |
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 4000 (on premium) per crore (0.040%) |
Commodity | Group A - Rs 280 per Cr (0.0028%) | Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore |
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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 | |
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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 | Upto 3x | |
Enquire IIFL Securities | Enquire SAMCO |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 is rated 2.7 of 5 based on 112 customer reviews whereas SAMCO is rated 3.5 of 5 based on 17 customer reviews.
IIFL Securities | SAMCO | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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IIFL Securities | SAMCO | |
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Cons |
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Reviews | ||
Promo / Offers | Open IIFL Demat & Trading Account & Save upto Rs 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.
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Enquire IIFL Securities | Enquire SAMCO |
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