Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

iTradeOnline Vs SAMCO (Compare iTradeOnline and SAMCO)

iTradeOnline by Trustline Logo

About iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

SAMCO Securities Limited Logo

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... Know more about SAMCO Securities Limited

Expand

iTradeOnline Vs SAMCO

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  iTradeOnline SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation
Number of Branches
Enquire iTradeOnlineOpen SAMCO Account

Expand

iTradeOnline Vs SAMCO Charges & AMC

iTradeOnline trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and SAMCO Demat Account AMC Charges is Rs 400.

  iTradeOnline SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0 (Free)
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 400

Expand

iTradeOnline Vs SAMCO Brokerage

iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower 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 iTradeOnline Pay Per Trade SAMCO Standard
Fixed Charges Rs 0 NA
Equity Delivery Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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.

iTradeOnline Charges Vs SAMCO

Minimum Brokerage Rs 0 (No Minimum Brokerage) 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free) Rs 20 per executed order

Expand

iTradeOnline Vs SAMCO Transaction Charges

iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  iTradeOnline SAMCO
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 190 per crore (0.0019%) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options NSE Rs 5000 per crore (0.05%) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) NSE - Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Enquire iTradeOnlineOpen SAMCO Account

Expand

iTradeOnline Vs SAMCO Leverage (Margin)

iTradeOnline 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.

  iTradeOnline 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)
Enquire iTradeOnlineOpen SAMCO Account

Expand

Compare iTradeOnline and SAMCO Features

The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  iTradeOnline SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes
Enquire iTradeOnlineOpen SAMCO Account

Expand

iTradeOnline Vs SAMCO Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  iTradeOnline SAMCO
  7 Customer Reviews    Rate iTradeOnline 22 Customer Reviews    Rate SAMCO
Fees 3.9 3.4
Brokerage 4.1 3.8
Trading Platform 3.9 2.6
Customer Service 3.7 3.0
Research Capabilities 1.0 2.3
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

Expand

Contact Broker / Request A Call Back

  iTradeOnline Enquire SAMCO Enquire
Contact Broker Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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.

Expand

iTradeOnline Vs SAMCO Investment Options

  iTradeOnline SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No
Debt Yes No
Other Investment Options Insurance, Wealth Management

Expand

iTradeOnline Vs SAMCO Order Type Offered

  iTradeOnline SAMCO
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC)
Enquire iTradeOnlineOpen SAMCO Account

Expand

iTradeOnline Vs SAMCO Research Report

  iTradeOnline SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

iTradeOnline Vs SAMCO Suitable For Investor Type

  iTradeOnline SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

Expand

iTradeOnline Vs SAMCO - Pros and Cons

  iTradeOnline SAMCO
Pros
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
  • 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
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
  • 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

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

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.

Enquire iTradeOnlineOpen SAMCO Account

Comments

Add a public comment...

Compare iTradeOnline Compare SAMCO
Compare More Brokers: