Samco Vs IIFL Securities
Samco
Samco Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Samco also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs IIFL Securities - Broker Details
Samco | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2015 | 1995 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
Branches | Zero | 2000+ |
Brokerage | ₹20/Order or 0.2% | ₹20/ Order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Account Opening & AMC Charges
Samco | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹400 ( 2nd year onwards ) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Brokerage charges & Plans
Samco | IIFL Securities | |
---|---|---|
Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Equity Options | ₹20/Order | ₹20/ Order |
Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Equity Futures | ₹20/Order | ₹20/ Order |
Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/ Order |
Fixed Charges | ₹20/Order | ₹20/ Order |
Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Other Charges
Samco | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹20/Order | ₹50/ Order |
API Charges | Free | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | ₹0 (Free) |
Other Brokerage Charges | ₹20/Order | ₹20/ Order |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Transaction Charges
Samco | IIFL Securities | |
---|---|---|
Currency Options | NSE - ₹40/ Lacs (0.040%) on Premium Value | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
Equity Futures | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade | NSE: 0.00195% on Total Turnover value |
Equity Intraday | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Equity Options | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade | NSE: 0.053% on Premium value |
Commodity | MCX - Non Agri:- ₹2.6/ Lacs (0.0026%) | MCX - Agri:- ₹1.75/ Lacs (0.00175%) | NCDEX - A:- ₹3.5/ Lacs (0.0035%) | NCDEX - B:- ₹1.25/ Lacs (0.00125%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
Currency Futures | NSE - ₹1.10/ Lacs (0.0011%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | NSE - ₹3.45/ Lacs (0.00345%) | BSE - For A Group and B Group | Shares – ₹1/ Trade | For other groups - ₹3.45/ Lacs (0.00345%) | For XC, XT, XD, Z and ZP – ₹100/ Lacs (0.1%) | For R and P Group – ₹1000 / Lacs (1.0%) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Margin (Exposure)
Samco | IIFL Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Features
Samco | IIFL Securities | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Review & Rating
Samco | IIFL Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Request a call back from Broker
Samco | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Investment Options
Samco | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Order Type
Samco | IIFL Securities | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Research & Report
Samco | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Daily Market Report
Samco | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Suitable For Investor
Samco | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Pros & Cons
Samco | IIFL Securities | |
---|---|---|
Pros | 1. Samco Securities is full of advanced features and has many advantages. Some of the advantages are as follows: 2.Variety of Margin products available for traders. 3. Instant and 100% paperless account opening. 4.User-friendly trading platforms. 5. Zero charges on demat account opening. 6. Free trading platforms. 7. Brokerage charges @flat Rs. 20 per executed order. 7. 15x leverage in over 500+ stocks for Equity Intraday trading. 8. Availability of bracket order and cover order to manage risk. 9. Trade from any place all over the India. | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
Cons | 1. Branches are not available for local support. 2. High pledge demat charges. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Background
Samco | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Compare All Brokers
Samco | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - STT/CTT
Samco | IIFL Securities | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Demat transaction charges
Samco | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + Gst per scrip | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - GST
Samco | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - SEBI Charges
Samco | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Account Opening & AMC Charges
Samco Vs IIFL Securities
Samco | IIFL Securities | |
---|---|---|
Samco Review | Brokerage Charges, Account OpeningIncorporated in 2015, Samco is a Mumbai based stockbroker of India that took over Samruddhi Stock Brokers Limited and renamed it to Samco Securities Limited. Founded by Mr. Jimeet Modi, Samco is one of the fastest growing stock brokers of India. samco securities is a SEBI registered company and a proud member of BSE, NSE, NCDEX and MCX. Stock basket Samc .. + " Vs "+ IIFL Securities |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Samco Vs IIFL Securities - Brokerage charges & Plans
Samco | IIFL Securities | |
---|---|---|
Commodity Futures | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Currency Futures | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
Equity Delivery | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Equity Options | ₹20/Order | ₹20/ Order |
Commodity Options | ₹20/Order or 0.2% (whichever is lower) | ₹20/ Order |
Equity Futures | ₹20/Order | ₹20/ Order |
Currency Options | ₹20/Order or 0.2% of notional turnover (whichever is lower) | ₹20/ Order |
Fixed Charges | ₹20/Order | ₹20/ Order |
Equity Intraday | ₹20/Order or 0.2% of gross turnover (whichever is lower) | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Margin (Exposure)
Samco | IIFL Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
Samco Vs IIFL Securities - Other Charges
Samco | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹20/Order | ₹50/ Order |
API Charges | Free | ₹0 (Free) |
Call & Trade Charges | ₹20/Order | ₹0 (Free) |
Other Brokerage Charges | ₹20/Order | ₹20/ Order |
Minimum Brokerage | ₹20/Order | ₹20/ Order |
Call Back Open Account |
Samco Vs IIFL Securities - STT/CTT
Samco | IIFL Securities | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Call Back Open Account |
Samco Vs IIFL Securities - Demat transaction charges
Samco | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹10 + Gst per scrip | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
Samco Vs IIFL Securities - GST
Samco | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Samco Vs IIFL Securities - SEBI Charges
Samco | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
Samco Vs IIFL Securities - Features
Samco | IIFL Securities | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | • SAMCO Trader- Desktop trading platform • StockNote Web- Browser based online trading website. • StockNote Application • StockNote API- Algo-trading software. • Stock Basket- Investment platform • RankMF- Direct Mutual Fund Investment Platform • SAMCO Star- Back Office software. | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |