AxisDirect Vs SAMCO (Compare AxisDirect and SAMCO)

AxisDirect Vs SAMCO

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.

	AxisDirect	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2006	0
Number of Branches	56	0

AxisDirect Vs SAMCO Charges & AMC

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.

	AxisDirect	SAMCO
Trading Account Opening Charges	Rs 0	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 750 (free for 1st year)	Rs 400

AxisDirect Vs SAMCO Brokerage

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 Type	AxisDirect Standard Brokerage Plan	SAMCO Standard
Fixed Charges	NA	NA
Equity Delivery	0.50% (Each Leg)	Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday	0.05% (Each Leg)	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	0.05% (Each Leg)	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 20 Per Order	Rs 20 per trade
Currency Futures	0.03% (Each Leg)	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 Per Order	Rs 20 per trade
Commodity Futures	0.03% (Each Leg)	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 50 per lot
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	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

Minimum Brokerage	Rs 25 per trade	0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges
Call & Trade Charges	Rs 20 per call (First 20 calls free for a month)	Rs 20 per executed order

AxisDirect Vs SAMCO Leverage (Margin)

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.

	AxisDirect	SAMCO
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up 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)

Compare AxisDirect and SAMCO Features

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.

	AxisDirect	SAMCO
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	DirectTrade, Axisdirect Web, Axisdirect Mobile	Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time	3:15	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		Margin Products - CashPlus, StockPlus, and BTPT

AxisDirect Vs SAMCO Review

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

	AxisDirect	SAMCO
	89 Customer Reviews	26 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	AxisDirect is Rated 2.0 / 5 based on 89 customer reviews	SAMCO is Rated 3.2 / 5 based on 26 customer reviews

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AxisDirect Vs SAMCO Investment Options

	AxisDirect	SAMCO
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

AxisDirect Vs SAMCO Order Type Offered

	AxisDirect	SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)

AxisDirect Vs SAMCO Suitable For Investor Type

	AxisDirect	SAMCO
Casual Investor
Active Investor
Trader

AxisDirect Vs SAMCO - Pros and Cons

	AxisDirect	SAMCO
Pros	Free research reports 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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	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.