IIFL vs SAMCO (Compare IIFL and SAMCO)
So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.
Here we provide side by side comparison between IIFL vs SAMCO, Below comparison of IIFL vs SAMCO highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.
One on One comparison of IIFL vs SAMCO is given below:
IIFL |
SAMCO |
IIFL | SAMCO |
---|
About The Brokers |
IIFL : |
SAMCO : |
Find More Information about the Broker : |
IIFL :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
SAMCO :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
Type of Broker |
IIFL : |
SAMCO : |
Promo/offers |
IIFL :Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
|
SAMCO :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.
|
Advantage |
IIFL :
|
SAMCO :
|
Disadvantage |
IIFL :
|
SAMCO :
|
Why This |
IIFL :
|
SAMCO :
|
Open Account | Open Account |
IIFL vs SAMCO Account Opening & AMC Charges
IIFL Trading Account Opening Fee is Rs 0 (Free) and SAMCO Trading Account Opening Fee is Rs 0 (Free) . IIFL Demat Account AMC is Rs 250 (Free for 1st year) and SAMCO Demat Account AMC is Rs 400 .
IIFL | SAMCO | |
---|---|---|
Trading Account Opening Fee |
Trading Account Opening Fee
:
Rs 0 (Free) |
Trading Account Opening Fee
:
Rs 0 (Free) |
Demat Account Opening Fee |
Demat Account Opening Fee
:
Rs 0 |
Demat Account Opening Fee
:
Rs 0 (Free) |
Demat Account AMC |
Demat Account AMC
:
Rs 250 (Free for 1st year) |
Demat Account AMC
:
Rs 400 |
Trading Account AMC |
Trading Account AMC
:
Rs 0 |
Trading Account AMC
:
Rs 0 (Free) |
Open Account | Open Account |
IIFL vs SAMCO Brokerage Charges
IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . SAMCO Brokerage Charges Equity Delivery is Rs 20 per trade or 0.50% (whichever is lower) and Equity Intraday is Rs 20 per trade or 0.05% (whichever is lower) and Equity Options is Rs 20 per trade .
IIFL | SAMCO | |
---|---|---|
Plan Name |
Plan Name :
Standard Plan |
Plan Name :
Fix Brokerage Plan |
Equity Delivery |
Equity Delivery
:
Rs 20 per order |
Equity Delivery
:
Rs 20 per trade or 0.50% (whichever is lower) |
Equity Intraday |
Equity Intraday
:
Rs 20 per order |
Equity Intraday
:
Rs 20 per trade or 0.05% (whichever is lower) |
Equity Future |
Equity Future
:
Rs 20 per order |
Equity Future
:
Rs 20 per trade or 0.05% (whichever is lower) |
Equity Options |
Equity Options
:
Rs 20 per order |
Equity Options
:
Rs 20 per trade |
Currency Futures |
Currency Futures
:
Rs 20 per order |
Currency Futures
:
Rs 20 per trade or 0.05% (whichever is lower) |
Currency Options |
Currency Options
:
Rs 20 per order |
Currency Options
:
Rs 20 per trade |
Monthly Fee |
Monthly Fee
:
NA |
Monthly Fee
:
NA |
Margin Trading | Margin Trading : - | Margin Trading : - |
Commodity Futures |
Commodity Futures
:
Rs 20 per order |
Commodity Futures
:
Rs 20 per trade or 0.05% (whichever is lower) |
Commodity Options |
Commodity Options
:
Rs 20 per order |
Commodity Options : - |
Open Account | Open Account |
IIFL vs SAMCO Exchange Transaction Charges
IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . SAMCO Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%) and Equity Options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium) .
IIFL | SAMCO | |
---|---|---|
Equity Delivery |
Equity Delivery
:
NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Delivery
:
NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) |
Equity Intraday |
Equity Intraday
:
NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Intraday
:
NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) |
Equity Future * |
Equity Future
:
NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Future
:
NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%) |
Equity Options * |
Equity Options
:
NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Equity Options
:
NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Currency Futures * |
Currency Futures
:
NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Futures
:
NSE Rs 90 per Cr (0.0009%) |
Currency Options |
Currency Options
:
NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Currency Options
:
NSE Rs 3500 per Cr (0.035%) (on premium) |
Commodity |
Commodity
:
Group A - Rs 280 per Cr (0.0028%) |
Commodity
:
Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore |
Open Account | Open Account |
IIFL vs SAMCO Other Charges
IIFL and Call & Trade is Rs 50 per call . SAMCO Minimum Brokerage is 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments and Call & Trade is Rs 20 per executed order .
IIFL | SAMCO | |
---|---|---|
Minimum Brokerage | Minimum Brokerage : - |
Minimum Brokerage
:
0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments |
Call & Trade |
Call & Trade
:
Rs 50 per call |
Call & Trade
:
Rs 20 per executed order |
Stamp Duty * | Stamp Duty : - | Stamp Duty : - |
DP Charges (on sell side) |
DP Charges (on sell side)
:
0.04% (minimum ₹25 per debit transaction) |
DP Charges (on sell side)
:
₹10 + CDSL Charges |
Other Miscellaneous Charges |
Other Miscellaneous Charges
:
Advisory SMS - Rs 50 per month |
Other Miscellaneous Charges : - |
Open Account | Open Account |
IIFL vs SAMCO Features
IIFL and SAMCO both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:
IIFL | SAMCO | |
---|---|---|
Trading Platform |
Trading Platform
:
IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
Trading Platform
:
Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star |
Placing orders through charts |
Placing orders through charts
:
No |
Placing orders through charts
:
Yes |
Trading Alerts |
Trading Alerts
:
No |
Trading Alerts
:
Yes |
Research and Advice / Trading Tips | Research and Advice / Trading Tips : - |
Research and Advice / Trading Tips
:
No |
Detailed Education Initiatives |
Detailed Education Initiatives
:
Yes |
Detailed Education Initiatives
:
No |
Unique features & Offers | Unique features & Offers : - | Unique features & Offers : - |
Referral Program | Referral Program : - |
Referral Program
:
1 |
Margin Against Shares (Equity Cash) * |
Margin Against Shares (Equity Cash)
:
Yes |
Margin Against Shares (Equity Cash)
:
Yes |
Margin Against Shares (Equity F&O) * |
Margin Against Shares (Equity F&O)
:
No |
Margin Against Shares (Equity F&O)
:
Yes |
Open Account | Open Account |
IIFL vs SAMCO Demat Account Charges
A comparative table of various demat account charges between IIFL and SAMCO is below:
IIFL | SAMCO | |
---|---|---|
Depository Service Provider |
Depository Service Provider
:
CDSL |
Depository Service Provider
:
CDSL |
Account Opening Fee |
Account Opening Fee
:
₹0 (free) |
Account Opening Fee
:
Only Franking Charges |
Advance Deposit |
Advance Deposit
:
₹0 |
Advance Deposit
:
Nil |
AMC |
AMC
:
₹250 (free for 1st year) |
AMC
:
₹400 for Individual. ₹800 for Corporate. |
Dematerialisation Charges |
Dematerialisation Charges
:
₹15 per certificate |
Dematerialisation Charges
:
₹10 per Certificate plus Courier Charges ₹50 per request |
Rematerialisation Charges |
Rematerialisation Charges
:
₹15 per certificate |
Rematerialisation Charges
:
Actual CDSL charges plus Courier charges ₹50 per request. |
Transaction Charges (Credit) | Transaction Charges (Credit) : - | Transaction Charges (Credit) : - |
Transaction Charges (debit) |
Transaction Charges (debit)
:
₹25 per debit transaction |
Transaction Charges (debit)
:
₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP |
Pledge Creation Charges |
Pledge Creation Charges
:
₹10 |
Pledge Creation Charges
:
₹60 per ISIN |
Pledge Creation Confirmation Charges |
Pledge Creation Confirmation Charges
:
₹0 |
Pledge Creation Confirmation Charges
:
Nil |
Pledge Invocation Charges |
Pledge Invocation Charges
:
₹15 |
Pledge Invocation Charges
:
₹60 per ISIN |
Failed Instruction Charges | Failed Instruction Charges : - |
Failed Instruction Charges
:
Nil |
Other Charges |
Other Charges
:
Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request |
Other Charges : - |
Open Account | Open Account |
IIFL vs SAMCO Basic Details
IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 . SAMCO and Total Number of Clients is 90174 and .
IIFL | SAMCO | |
---|---|---|
Year of Incorporation |
Year of Incorporation
:
1996 |
Year of Incorporation : - |
Active Exchange Memberships |
Active Exchange Memberships
:
NSE, BSE, MCX, and NCDEX |
Active Exchange Memberships
:
BSE, NSE, MCX |
Demat Services |
Demat Services
:
Yes |
Demat Services
:
Yes |
Website | Website : https://www.indiainfoline.com | Website : www.samco.in |
Contact Details |
Contact Details
:
022-400710000 |
Contact Details
:
+91 22 2222 7777 |
Total Number of Clients |
Total Number of Clients
:
437,829 |
Total Number of Clients
:
90,174 |
Total Number of Branches |
Total Number of Branches
:
900 |
Total Number of Branches : - |
Products * |
Products
:
Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking |
Products
:
CashPlus,Option Fair Value Calculator,Risk Advisor,Data Bank,Stock Ratings |
Open Account | Open Account |
IIFL vs SAMCO Orders
Orders
IIFL | SAMCO | |
---|---|---|
Cover Orders (CO) |
Cover Orders (CO)
:
Yes |
Cover Orders (CO)
:
Yes |
Bracket orders / One Cancels Other (BO / OCO) |
Bracket orders / One Cancels Other (BO / OCO)
:
Yes |
Bracket orders / One Cancels Other (BO / OCO)
:
Yes |
After Market Orders (AMO) |
After Market Orders (AMO)
:
Yes |
After Market Orders (AMO)
:
Yes |
Buy Today Sell Tomorrow (BTST) * |
Buy Today Sell Tomorrow (BTST)
:
Yes |
Buy Today Sell Tomorrow (BTST)
:
Yes |
Sell Today Buy Tomorrow (STBT) * |
Sell Today Buy Tomorrow (STBT)
:
Yes |
Sell Today Buy Tomorrow (STBT)
:
No |
Good Till Cancelled (GTC) * |
Good Till Cancelled (GTC)
:
Yes |
Good Till Cancelled (GTC)
:
Yes |
Open Account | Open Account |
IIFL vs SAMCO Research and Advice / Trading Tips
Research and Advice / Trading Tips
IIFL | SAMCO | |
---|---|---|
Equity Trading Recommendation * |
Equity Trading Recommendation
:
Yes |
Equity Trading Recommendation
:
No |
Equity Investment Recommendation * |
Equity Investment Recommendation
:
Yes |
Equity Investment Recommendation
:
No |
Recommendation basis risk Profile * |
Recommendation basis risk Profile
:
Yes |
Recommendation basis risk Profile
:
No |
Comparison * |
Comparison
:
Yes |
Comparison
:
No |
Free Tips * |
Free Tips
:
Yes |
Free Tips
:
No |
Daily Market report * |
Daily Market report
:
Yes |
Daily Market report
:
No |
ETF research * |
ETF research
:
Yes |
ETF research
:
No |
Quarterly Results * |
Quarterly Results
:
Yes |
Quarterly Results
:
No |
Open Account | Open Account |
IIFL vs SAMCO Franchisee / Authorized Person related information
Franchisee / Authorized Person related information
IIFL | SAMCO | |
---|---|---|
Availability for franchisee / AP |
Availability for franchisee / AP
:
Yes |
Availability for franchisee / AP
:
No |
Investment required for Franchisee / AP |
Investment required for Franchisee / AP
:
Rs.75,000 to Rs.2,00,000 |
Investment required for Franchisee / AP
:
No |
Open Account | Open Account |
IIFL vs SAMCO Product & Services
IIFL and SAMCO both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:
IIFL | SAMCO | |
---|---|---|
Delivery Based Trading * |
Delivery Based Trading
:
Yes |
Delivery Based Trading
:
Yes |
Margin Trading * |
Margin Trading
:
Yes |
Margin Trading
:
Yes |
Call N Trade * |
Call N Trade
:
Yes |
Call N Trade
:
Yes |
Trading in Both the exchanges * |
Trading in Both the exchanges
:
Yes |
Trading in Both the exchanges
:
Yes |
Limit Order * |
Limit Order
:
Yes |
Limit Order
:
Yes |
3-in-1 On-line Trading Account * |
3-in-1 On-line Trading Account
:
No |
3-in-1 On-line Trading Account
:
No |
NRI Services * |
NRI Services
:
Yes |
NRI Services
:
No |
SMS Alerts * |
SMS Alerts
:
Yes |
SMS Alerts
:
No |
Offers Multiple Plan * |
Offers Multiple Plan
:
Yes |
Offers Multiple Plan
:
No |
IPO Investment * |
IPO Investment
:
Yes |
IPO Investment
:
No |
Portfolio Analysis * |
Portfolio Analysis
:
Yes |
Portfolio Analysis
:
Yes |
Advanced Charting Features * |
Advanced Charting Features
:
Yes |
Advanced Charting Features
:
Yes |
Brokerage Calculator * |
Brokerage Calculator
:
No |
Brokerage Calculator
:
Yes |
Margin Calculator * |
Margin Calculator
:
No |
Margin Calculator
:
Yes |
Stop Loss Order * |
Stop Loss Order
:
Yes |
Stop Loss Order
:
Yes |
Bracket Orders & Trailing Stop Loss * |
Bracket Orders & Trailing Stop Loss
:
Yes |
Bracket Orders & Trailing Stop Loss
:
Yes |
Equity Future & Option Trading * |
Equity Future & Option Trading
:
Yes |
Equity Future & Option Trading
:
Yes |
Currency Future & Option Trading * |
Currency Future & Option Trading
:
Yes |
Currency Future & Option Trading
:
Yes |
Market Trading * |
Market Trading
:
Yes |
Market Trading
:
Yes |
Monthly & Yearly Plan * |
Monthly & Yearly Plan
:
No |
Monthly & Yearly Plan
:
No |
Aumtomated Trading * |
Aumtomated Trading
:
No |
Aumtomated Trading
:
No |
Open Account | Open Account |
IIFL vs SAMCO Customer Services
IIFL and SAMCO both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:
IIFL | SAMCO | |
---|---|---|
Toll Free Number * |
Toll Free Number
:
No |
Toll Free Number
:
No |
Live Chat Facility * |
Live Chat Facility
:
No |
Live Chat Facility
:
No |
Email Facility * |
Email Facility
:
Yes |
Email Facility
:
Yes |
Branch Offices * |
Branch Offices
:
Yes |
Branch Offices
:
No |
Customer Care * |
Customer Care
:
Yes |
Customer Care
:
Yes |
Community Service * |
Community Service
:
Yes |
Community Service
:
Yes |
Relationship Manager * | Relationship Manager : - |
Relationship Manager
:
No |
24/7 Support * |
24/7 Support
:
No |
24/7 Support
:
No |
Open Account | Open Account |
IIFL vs SAMCO Other Investement
IIFL and SAMCO both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:
IIFL | SAMCO | |
---|---|---|
Commodity Trading * |
Commodity Trading
:
Yes |
Commodity Trading
:
Yes |
Investment in ETFs * |
Investment in ETFs
:
Yes |
Investment in ETFs
:
Yes |
Investment in Mutual Funds * |
Investment in Mutual Funds
:
Yes |
Investment in Mutual Funds
:
No |
Investment in Bonds * |
Investment in Bonds
:
Yes |
Investment in Bonds
:
No |
Investment in Corporate Debt instruments * |
Investment in Corporate Debt instruments
:
Yes |
Investment in Corporate Debt instruments
:
No |
Insurance Services * |
Insurance Services
:
Yes |
Insurance Services
:
No |
Banking Services * |
Banking Services
:
No |
Banking Services
:
No |
Open Account | Open Account |
IIFL vs SAMCO Trading Platform
IIFL and SAMCO both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:
IIFL | SAMCO | |
---|---|---|
Web Platform * |
Web Platform
:
Yes |
Web Platform
:
Yes |
Android Mobile App * |
Android Mobile App
:
Yes |
Android Mobile App
:
Yes |
Desktop Windows * |
Desktop Windows
:
Yes |
Desktop Windows
:
Yes |
Desktop Mac * |
Desktop Mac
:
No |
Desktop Mac
:
No |
I-Pad App * |
I-Pad App
:
Yes |
I-Pad App
:
No |
Virtual Trading * | Virtual Trading : - |
Virtual Trading
:
No |
iPhone Mobile App * |
iPhone Mobile App
:
Yes |
iPhone Mobile App
:
Yes |
Contact Now | ||
Open Account | Open Account |
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