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) |
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 |
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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 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 | 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 |
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| Other Features | Margin Products - CashPlus, StockPlus, and BTPT | |
| Open IIFL Securities Account | Open SAMCO Account |
IIFL Securities Vs SAMCO Investment Options
| IIFL Securities | SAMCO | |
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| Stock / Equity |
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| Commodity |
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| Currency |
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| IPO |
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| Mutual Funds |
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| Bond / NCD |
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| Debt |
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| Other Investment Options | Insurance |
IIFL Securities Vs SAMCO Order Type Offered
| IIFL Securities | SAMCO | |
|---|---|---|
| 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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| Open IIFL Securities Account | Open SAMCO Account |
IIFL Securities Vs SAMCO Research Report
| IIFL Securities | SAMCO | |
|---|---|---|
| Daily Market Report |
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| Free Tips |
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| Quarterly Result Analysis |
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| News Alerts |
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IIFL Securities Vs SAMCO Suitable For Investor Type
| IIFL Securities | SAMCO | |
|---|---|---|
| Casual Investor | ||
| Active Investor |
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| Trader |
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IIFL Securities Vs SAMCO - Pros and Cons
| IIFL Securities | SAMCO | |
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| Open IIFL Securities Account | Open SAMCO Account |
