AxisDirect Vs SAMCO (Compare AxisDirect and SAMCO)

About AxisDirect

Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutua... Know more about AxisDirect

About SAMCO

SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool t... Know more about SAMCO

AxisDirect Vs SAMCO

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Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in 0, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 0 branches across India.

Ā AxisDirectSAMCO
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE, MCX, NCDEX
Year of Incorporation20060
Number of Branches560
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AxisDirect Vs SAMCO Charges & AMC

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AxisDirect trading account opening charges is Rs 0 while SAMCO account opening changes is Rs 0 (Free). AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year) and SAMCO Demat Account AMC Charges is Rs 400.

Ā AxisDirectSAMCO
Trading Account Opening ChargesRs 0Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 750 (free for 1st year)Rs 400

AxisDirect Vs SAMCO Brokerage

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AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg) whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account TypeAxisDirect Standard Brokerage PlanSAMCO Standard
Fixed ChargesNANA
Equity Delivery0.50% (Each Leg)Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday0.05% (Each Leg)Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures0.05% (Each Leg)Rs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 20 Per OrderRs 20 per trade
Currency Futures0.03% (Each Leg)Rs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 20 Per OrderRs 20 per trade
Commodity Futures0.03% (Each Leg)Rs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 50 per lot
Special Offer
Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

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.

AxisDirect Charges Vs SAMCO

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Minimum BrokerageRs 25 per trade0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges
Call & Trade ChargesRs 20 per call (First 20 calls free for a month)Rs 20 per executed order
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AxisDirect Vs SAMCO Leverage (Margin)

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AxisDirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

Ā AxisDirectSAMCO
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare AxisDirect and SAMCO Features

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The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

Ā AxisDirectSAMCO
3 in 1 AccountYesNo
Automated TradingNoYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformDirectTrade, Axisdirect Web, Axisdirect MobileSamco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time3:153:15 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesYes
Other FeaturesMargin Products - CashPlus, StockPlus, and BTPT
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AxisDirect Vs SAMCO Review

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AxisDirect is rated of 5 based on 89 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.

Ā AxisDirectSAMCO
Ā 89 Customer Reviews Ā Ā Ā Rate AxisDirect26 Customer Reviews Ā Ā Ā Rate SAMCO
FeesRated 2.0 starsRated 3.4 stars
BrokerageRated 1.8 starsRated 3.8 stars
Trading PlatformRated 2.5 starsRated 2.8 stars
Customer ServiceRated 2.1 starsRated 3.2 stars
Research CapabilitiesRated 2.7 starsRated 2.6 stars
Overall RatingRated 2.0 starsRated 3.2 stars
Broker RatingAxisDirect is Rated 2.0 / 5 based on 89 customer reviewsSAMCO is Rated 3.2 / 5 based on 26 customer reviews

Contact Broker / Request A Call Back

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Ā AxisDirectSAMCO
Contact Broker

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

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.

AxisDirect Vs SAMCO Investment Options

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Ā AxisDirectSAMCO
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

AxisDirect Vs SAMCO Order Type Offered

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Ā AxisDirectSAMCO
Bracket OrderNoYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)YesNo
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AxisDirect Vs SAMCO Suitable For Investor Type

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Ā AxisDirectSAMCO
Casual InvestorYesNo
Active InvestorNoNo
TraderNoYes

AxisDirect Vs SAMCO - Pros and Cons

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Ā AxisDirectSAMCO
Pros
  1. Free research reports
  2. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
Cons
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews
Promo / Offers

AxisDirect Special Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

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