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iTradeOnline Vs SAMCO (Compare iTradeOnline and SAMCO)

The side-by-side comparison of iTradeOnline and SAMCO. Compare iTradeOnline Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and iTradeOnline review.

Find out iTradeOnline Vs SAMCO which is better and iTradeOnline Vs SAMCO which is best.

Our iTradeOnline by Trustline comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between iTradeOnline and SAMCO.

iTradeOnline Vs SAMCO

	iTradeOnline	SAMCO
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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 ₹20 per executed order or 0.01% whichever is lower. The same lo...	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	Discount Broker	Discount Broker
Supported Exchnage	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Pay Per Trade	Standard
Broker Enquiry
Year of Incorporation
Number of Branches

iTradeOnline Vs SAMCO Charges

	iTradeOnline	SAMCO
Trading Account Opening Fees	₹0 (Free)	₹0
Trading Account AMC	₹0 (Free)	₹0
Demat Account Opening Fees	Regular: ₹0, Lifetime Free AMC: ₹1000	₹0
Demat Account AMC	Regular Demat: ₹300, Lifetime free AMC Demat: ₹0	₹400
Demat Account is Mandatory?	No	No

iTradeOnline Vs SAMCO Brokerage

Brokerage Plan 1

	iTradeOnline	SAMCO
Account Type	Pay Per Trade	Standard
Fixed Charges	₹0
Equity Delivery Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	₹0 (No Minimum Brokerage)	₹0
Other Brokerage Charges	Physical contact notes: ₹20
Call & Trade Charges	₹0 (Free)	₹20 per executed order

iTradeOnline Vs SAMCO Taxes

iTradeOnline

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.

iTradeOnline Vs SAMCO Transaction Charges

	iTradeOnline	SAMCO
Equity Delivery	NSE ₹325 per crore \| BSE ₹1.5/trade (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Intraday	NSE ₹325 per crore \| BSE ₹1.5/trade (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Futures	NSE ₹190 per crore (0.0019%)	NSE ₹190 per crore \| BSE ₹1 per trade (each side)
Equity Options	NSE ₹5000 per crore (0.05%)	NSE ₹5000 per crore \| BSE ₹1 per trade (each side)
Currency Futures	NSE ₹90/cr (0.0009%) \| BSE ₹18/cr (0.00018%)	NSE ₹110 per crore (0.0011%)
Currency Options	NSE ₹4000 (on premium) per cr (0.04%) \| BSE ₹1500	NSE ₹4000 (on premium) per crore (0.040%)
Commodity	MCX ₹260/Cr (0.0026%) \| NCDEX ₹600/cr (0.006%)	Non-Agri ₹260 (0.0026%) \| Agri ₹175 per Crore

iTradeOnline Vs SAMCO Exposure Margin

	iTradeOnline	SAMCO
Equity Delivery	Upto 5x (based on the stock)	1x (no margin)
Equity Intraday	Upto 20x (based on the stock)	Normal Orders: 3x to 15x \| CO & BO: Up to 33x
Equity Futures	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Span

iTradeOnline and SAMCO Feature Comparison

	iTradeOnline	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	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.	OMNESYS NEST, StockNote
Intraday Square-off Time	Equity: 3:15 PM, Commodity: 11:15 PM	3:15 PM
Other Features		Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program

iTradeOnline Vs SAMCO Review

	iTradeOnline	SAMCO
	6 Customer Reviews	11 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	iTradeOnline is Rated 4.3 / 5 based on 6 customer reviews	SAMCO is Rated 3.7 / 5 based on 11 customer reviews

Contact Broker / Request A Call Back

	iTradeOnline Enquire	SAMCO Enquire
Contact Broker

iTradeOnline Vs SAMCO Investment Options

	iTradeOnline	SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, Wealth Management

iTradeOnline Vs SAMCO Customer Service

	iTradeOnline	SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches

iTradeOnline Vs SAMCO Order Type Offered

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

iTradeOnline Vs SAMCO Research Report

	iTradeOnline	SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

iTradeOnline Vs SAMCO Suitable For Investor Type

	iTradeOnline	SAMCO
Casual Investor
Active Investor
Trader

iTradeOnline Vs SAMCO - Advantages and Disadvantages

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.

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

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.

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

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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
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