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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

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SAMCO

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	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 :

✔ What IIFL Does Well

✓	Super Trader Plan at ₹999/month — unlimited free trades across all segments including delivery and F&O. For active traders doing 100+ trades/month, this pays for itself quickly vs paying ₹20/order
✓	SEBI-registered Research Analyst (INH000000248) — IIFL's research team can legally provide stock recommendations. Free research on 500+ companies via IIFL Markets App
✓	Dedicated Relationship Manager — on all three plans, unlike discount brokers where support is ticket-only
✓	Widest product range — equity, F&O, commodity (MCX), currency, IPOs, MF, US stocks, bonds, PMS, AIF, NPS — one of the broadest menus among Indian brokers
✓	PMS & AIF available — IIFL is SEBI-registered for PMS (INP000002213), making it a one-stop wealth platform from retail broking to institutional-grade portfolio management
✓	Free IIFL Markets App — live quotes, research, charts, IPO, and order placement across NSE, BSE, MCX in one well-rated mobile app

SAMCO :

✔ What SAMCO Does Well

✓	SEBI-registered Research Analyst — structured research recommendations across all timeframes
✓	SAMCO Prime free for ₹1 lakh networth holders — unlimited research-backed recommendations
✓	StockBasket — expert-curated mini portfolios with 5-year fee refund guarantee
✓	KyaTrade — real-time trade ideas with built-in stop loss and target levels
✓	RankMF — comprehensive MF ranking across 3,000+ funds with SmartSIP
✓	₹0 account opening; 100% brokerage cashback first month (mobile app)
✓	MTF (StockPlus) available — leveraged delivery trading
✓	Nest Trader desktop software — professional-grade execution terminal
✓	TradingView charting integrated
✓	Simple, unified ₹20 flat fee — easy to understand and plan around

Disadvantage

IIFL :

✘ Where IIFL Falls Short

✗	Delivery NOT free on Investor/Premium plans — ₹20/order on delivery, same as intraday. Zerodha, Angel One, Dhan offer ₹0 delivery with no subscription
✗	Super Trader needs ₹999/month — break-even is ~50 trades/month. Infrequent investors are better off with Zerodha or Angel One's ₹0 delivery, no subscription model
✗	DP charge ₹25+GST on Investor Plan — highest in the industry. Zerodha: ₹15.34, Dhan/m,Stock: ₹12.5. Adds up significantly for active sellers
✗	App reliability concerns — Google Play reviews include reports of price data lag and app freezing during high-volatility market hours
✗	2023 SEBI order (now resolved) — SEBI restricted new client onboarding in June 2023 for a technical violation. SAT overturned this in December 2023, penalty reduced to ₹20 lakh. Worth noting for transparency

SAMCO :

✘ Where Samco Falls Short

✗	₹20 delivery brokerage — Zerodha, Groww, ProStocks, Shoonya all offer free delivery
✗	₹400/yr AMC from year 2 — highest among major discount brokers
✗	NRI accounts NOT available
✗	Call & Trade ₹20 per order (vs ₹0 at Shoonya, ProStocks)
✗	Auto square-off ₹20 per order
✗	Small active client base (70,158) vs Zerodha's 75+ lakh
✗	No branches — 100% online only
✗	Customer support response times reported as slow by users
✗	Back office (SAMCO Star) not integrated with trading platform
✗	Mobile app reported slower than web by some users

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

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 : â‚¹0 (free)	Account Opening Fee : Only Franking Charges
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Nil
AMC	AMC : â‚¹250 (free for 1st year)	AMC : â‚¹400 for Individual. â‚¹800 for Corporate.
Dematerialisation Charges	Dematerialisation Charges : â‚¹15 per certificate	Dematerialisation Charges : â‚¹10 per Certificate plus Courier Charges â‚¹50 per request
Rematerialisation Charges	Rematerialisation Charges : â‚¹15 per certificate	Rematerialisation Charges : Actual CDSL charges plus Courier charges â‚¹50 per request.
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹25 per debit transaction	Transaction Charges (debit) : â‚¹10 per transaction in same DP & 0.02% per transaction or â‚¹25 whichever is higher for other DP
Pledge Creation Charges	Pledge Creation Charges : â‚¹10	Pledge Creation Charges : â‚¹60 per ISIN
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : â‚¹0	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹15	Pledge Invocation Charges : â‚¹60 per ISIN
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Nil
Other Charges	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 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 431217 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 : 431,217	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
Key USP *	Key USP : Strong research; IIFL Markets app; loan against shares; PMS	Key USP : StockNote app; ₹20 flat; options analytics; Stock Basket feature
Broker Type *	Broker Type : Full-Service	Broker Type : Discount
	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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	Open Account	Open Account

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IIFL

SAMCO

IIFL vs SAMCO (Compare IIFL and SAMCO)

One on One comparison of IIFL vs SAMCO is given below:

IIFL

SAMCO

IIFL :

SAMCO :

IIFL :

SAMCO :

IIFL :

SAMCO :

IIFL :

SAMCO :

IIFL :

SAMCO :

IIFL :

SAMCO :

✘ Where Samco Falls Short

IIFL :

SAMCO :

IIFL vs SAMCO Account Opening & AMC Charges

IIFL vs SAMCO Brokerage Charges

IIFL vs SAMCO Exchange Transaction Charges

IIFL vs SAMCO Other Charges

IIFL vs SAMCO Features

IIFL vs SAMCO Demat Account Charges

IIFL vs SAMCO Basic Details

IIFL vs SAMCO Orders

IIFL vs SAMCO Research and Advice / Trading Tips

IIFL vs SAMCO Franchisee / Authorized Person related information

IIFL vs SAMCO Product & Services

IIFL vs SAMCO Customer Services

IIFL vs SAMCO Other Investement

IIFL vs SAMCO Trading Platform

User Reviews

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