ICICI Direct Vs Samco
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
ICICI Direct Vs Samco - Broker Details
| ICICI Direct | Samco | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2015 |
| Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX |
| Branches | 250+ | Zero |
| Brokerage | Prime Plan: ₹900/- | ₹20/Order or 0.2% |
| Broker Type | Full service Broker | Discount Broker |
ICICI Direct Vs Samco - Account Opening & AMC Charges
| ICICI Direct | Samco | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹400 ( 2nd year onwards ) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ICICI Direct Vs Samco - Brokerage charges & Plans
| ICICI Direct | Samco | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | ₹20/ Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | ₹0.09% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order |
| Commodity Options | ₹20/ Order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | ₹20/ Order | ₹20/Order |
| Currency Options | ₹20/ Order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
ICICI Direct Vs Samco - Other Charges
| ICICI Direct | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
ICICI Direct Vs Samco - Transaction Charges
| ICICI Direct | Samco | |
|---|---|---|
| Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE - ₹40/ Lacs (0.040%) on Premium Value |
| Equity Futures | NSE: 0.002% | NSE - ₹2 per Lacs (0.0020%) | BSE - ₹1 per trade |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE - ₹3.45/Lacs (0.00345%) | BSE - ₹3.45/Lacs (0.00345%) |
| Equity Options | NSE: 0.053% | NSE - ₹53/ Lacs (0.053%) on Premium | BSE - ₹1/ trade |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 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%) |
| Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE - ₹1.10/ Lacs (0.0011%) |
| Equity Delivery | 0.00345% trade on buy & sell | 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%) |
ICICI Direct Vs Samco - Margin (Exposure)
| ICICI Direct | Samco | |
|---|---|---|
| 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) |
ICICI Direct Vs Samco - Features
| ICICI Direct | Samco | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | • 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ICICI Direct Vs Samco - Review & Rating
| ICICI Direct | Samco | |
|---|---|---|
| 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 |
ICICI Direct Vs Samco - Request a call back from Broker
| ICICI Direct | Samco | |
|---|---|---|
ICICI Direct Vs Samco - Investment Options
| ICICI Direct | Samco | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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ICICI Direct Vs Samco - Order Type
| ICICI Direct | Samco | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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ICICI Direct Vs Samco - Research & Report
| ICICI Direct | Samco | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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ICICI Direct Vs Samco - Daily Market Report
| ICICI Direct | Samco | |
|---|---|---|
| Daily Market Reports & News |
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ICICI Direct Vs Samco - Suitable For Investor
| ICICI Direct | Samco | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ICICI Direct Vs Samco - Pros & Cons
| ICICI Direct | Samco | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 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. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 1. Branches are not available for local support. 2. High pledge demat charges. |
ICICI Direct Vs Samco - Background
| ICICI Direct | Samco | |
|---|---|---|
ICICI Direct Vs Samco - Compare All Brokers
| ICICI Direct | Samco | |
|---|---|---|
ICICI Direct Vs Samco - STT/CTT
| ICICI Direct | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Samco - Demat transaction charges
| ICICI Direct | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹10 + Gst per scrip |
ICICI Direct Vs Samco - GST
| ICICI Direct | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges + CM Charges) |
ICICI Direct Vs Samco - SEBI Charges
| ICICI Direct | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
ICICI Direct Vs Samco - Account Opening & AMC Charges
ICICI Direct
Samco
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹400 ( 2nd year onwards )
Trading Account AMC
₹0 (Free)
₹0 (Free)
ICICI Direct Vs Samco
| ICICI Direct | Samco | |
|---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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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 .. |
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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.
ICICI Direct Vs Samco - Brokerage charges & Plans
| ICICI Direct | Samco | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order or 0.2% (whichever is lower) |
| Currency Futures | ₹20/ Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Equity Delivery | ₹0.09% | ₹20/Order or 0.2% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order |
| Commodity Options | ₹20/ Order | ₹20/Order or 0.2% (whichever is lower) |
| Equity Futures | ₹20/ Order | ₹20/Order |
| Currency Options | ₹20/ Order | ₹20/Order or 0.2% of notional turnover (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹20/Order or 0.2% of gross turnover (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Samco - Margin (Exposure)
| ICICI Direct | Samco | |
|---|---|---|
| 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 |
ICICI Direct Vs Samco - Other Charges
| ICICI Direct | Samco | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | Free |
| Call & Trade Charges | ₹50/ Order | ₹20/Order |
| Other Brokerage Charges | Prime Plan: ₹900/- | ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
ICICI Direct Vs Samco - STT/CTT
| ICICI Direct | Samco | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
ICICI Direct Vs Samco - Demat transaction charges
| ICICI Direct | Samco | |
|---|---|---|
| Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹10 + Gst per scrip |
ICICI Direct Vs Samco - GST
| ICICI Direct | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges + CM Charges) |
ICICI Direct Vs Samco - SEBI Charges
| ICICI Direct | Samco | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
ICICI Direct Vs Samco - Features
| ICICI Direct | Samco | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | • 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. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |