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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
About The Brokers
IIFL :

"IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you   >>> more

SAMCO :

"SAMCO delivers you the better trade experience with low cost, advanced technology (friendly in usage) and a benefit of membership across all leading stock market and    >>> more

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 :
 Full Service Broker
SAMCO :
 Discount Broker
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 :
  • Offer online IPO and Equity SIP
  • 1900+ branches all over India & have a global presence
  • Trading facility to NRIs is provided
  • Provide multiple broking plans
  • IIFL Trade terminal is one of the best trading terminal in India
  • Offer Commodity Trading & Investment facility in Mutual funds & IPO
SAMCO :
  •  NRI Trading.
  •  Flat Rate Brokerage Plan (Rs 20 per trade) is simple and easy to understand.
  •  ITL, the trading League.
  • Trading and Demat Account opening are FREE with SAMCO.
  •  Referral Credit.
  •  Cover Order, Bracket Order and Trailing Stop Loss order are available
  • Get up to 4x Delivery Leverage in the Cash Markets.
  •  Margin Against Shares: Trade with ZERO Cash Balance.
  • Get Upto 80x Leverage for Nifty, 33x leverage for stocks 60x for commodity.
  • Trading software is available for free to all the customers.
  • Adhar based instant paperless account opening .
Disadvantage
IIFL :
  • Scope improvement is there in customer support.
  • Provides only 2-in-1 account facility
  • Less transparency in brokerage plans
  • High brokerage.
  • Minimum Brokerage charges
SAMCO :
  •  No Yearly, Monthly fixed plans available for heavy traders.
  •  Investment in IPO is not possible
  • Mutual Fund investment is not available.
  •  Average customer Service.
  • High Pledge (Creation/Closure/Invocation) demat charges. SAMCO changes Rs 60 per ISIN while brokers like Zerodha charge Rs 32 per ISIN (Rs 20 + Rs 12 CDSL Fee).
Why This
IIFL :
  • Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world.
  • Provide IPO service and equity SIP also
  • Amongst top 10 stock brokers in India
  • Best rated mobile Trading Platforms with >1.9m download.
  • Have branches all over India. Approx 1900+ Branches
  • They provide multiple brokerage plans
  • All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  • Offer NRI Trading.
SAMCO :
  •  SAMCO offers Trade at Rs.20 per Order across all segments and irrespective of Order Size. Trade Stocks, Futures, Options, Commodities at Flat 20 per order only
  •  Get Delivery Trades Funded: up to 4X Leverage
  •  Samco Provides highest Leverage in the Industry: Get 80x Leverage to trade the NIFTY.
  •  The first 20 Call-N-Trade orders are free
  •  Free tools like Brokerage Calculator, SPAN Calculator, SAMCO Data Bank, Pledge Monitor and trading platform on web, desktop and mobile.
  •  Special feature like Samco Rank MF, SAMCO Cash Plus, Samco Stock Plus , Samco Intra Plus , SAMCO Data bank, SAMCO Ratings Monitor
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

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