ICICIdirect Vs SAMCO (Compare ICICIdirect and SAMCO)

ICICIdirect Vs SAMCO

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.

	ICICIdirect	SAMCO
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000	0
Number of Branches	154	0

ICICIdirect Vs SAMCO Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and SAMCO Demat Account AMC Charges is Rs 400.

	ICICIdirect	SAMCO
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	For Individual account: Rs. 700 p.a.	Rs 400

ICICIdirect Vs SAMCO Brokerage

ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% 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	ICICIdirect ICICI Direct Moneysaver Plan	SAMCO Standard
Fixed Charges	NA	NA
Equity Delivery	0.29%	Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday	0.029%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	0.029%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 49 per lot	Rs 20 per trade
Currency Futures	Rs 20 per order	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per order	Rs 20 per trade
Commodity Futures	Rs 20 per order	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 20 per order
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.

ICICIdirect Vs SAMCO Brokerage Plan 2

	ICICIdirect	SAMCO
Account Type	Prime Plan - 299	Standard
Fixed Charges	Rs 299 yearly	NA
Equity Delivery	0.25%	Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday	0.025%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	0.025%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 49 per lot	Rs 20 per trade
Currency Futures	Rs 20 per order	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per order	Rs 20 per trade
Commodity Futures	Rs 20 per lot	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 20 per lot

ICICIdirect Vs SAMCO Brokerage Plan 3

	ICICIdirect	SAMCO
Account Type	Prime Plan - 9999	Standard
Fixed Charges	Rs 9999 one time	NA
Equity Delivery	0.07%	Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday	0.007%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	0.007%	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 9 per lot	Rs 20 per trade
Currency Futures	Rs 20 per order	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per order	Rs 20 per trade
Commodity Futures	Rs 20 per lot	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 20 per lot

ICICIdirect Charges Vs SAMCO

Minimum Brokerage	No minimum brokerage (Moneysaver Plan)	0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges	Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99%
Call & Trade Charges	Rs 50 per trade	Rs 20 per executed order

ICICIdirect Vs SAMCO Leverage (Margin)

ICICIdirect 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.

	ICICIdirect	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 ICICIdirect and SAMCO Features

The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

	ICICIdirect	SAMCO
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICI Direct.com (website), ICICI Direct Mobile App	Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time	3:15 PM	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Daily, monthly and yearly free research recommendations, 100% limit in shares as margin	Margin Products - CashPlus, StockPlus, and BTPT

ICICIdirect Vs SAMCO Review

ICICIdirect is rated of 5 based on 484 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.

	ICICIdirect	SAMCO
	484 Customer Reviews	26 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews	SAMCO is Rated 3.2 / 5 based on 26 customer reviews

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ICICIdirect Vs SAMCO Investment Options

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

ICICIdirect Vs SAMCO Order Type Offered

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

ICICIdirect Vs SAMCO Suitable For Investor Type

	ICICIdirect	SAMCO
Casual Investor
Active Investor
Trader

ICICIdirect Vs SAMCO - Pros and Cons

	ICICIdirect	SAMCO
Pros	Offers 3-in-1 account which makes seamlessand instant fund transfers between bank and trading account. Wide range of investment options available under one portal. Enables curation of watchlist and has 4.8 (App Store) rated mobile app. GTC (good till cancellation) and off-market hours order placement facility is very useful.	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	Demat Account is mandatory.	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.