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ICICIDirect Vs SAMCO: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of ICICIDirect Max Rs. 20 per trade while the brokerage of SAMCO ranges between Rs 20. ICICIDirect is a Full Service Broker where SAMCO is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for ICICIDirect is 18,69,925 where number of active customer for SAMCO is 90,174. ICICIDirect is serving more customer compare to SAMCO.

Here we present side-by-side comparison of ICICIDirect vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs SAMCO's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of ICICIDirect vs SAMCO share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared ICICIDirect vs SAMCO's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare ICICIDirect vs SAMCO on Service

  ICICIDirect Compare
ICICIDirect
SAMCO Compare
SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 18,69,925 90,174
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO
Broker Enquiry Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

Compare ICICIDirect vs SAMCO on Trading & Demat Account Opening Charges

Comparison of ICICIDirect with SAMCO on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum AMC for Demat account where SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with SAMCO
Charges ICICIDirect SAMCO
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 per annum Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs SAMCO on Plan Options

Plans are the most important feature you look when compare ICICIDirect with SAMCO. This section compare on high level about type of plans offered by brokers. Multiple Plans - ICICIDirect provide Multiple Plans where SAMCO doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare ICICIDirect with SAMCO on Plan Options
Plan Types ICICIDirect SAMCO
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha SAMCO
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs SAMCO on Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Brokerage Charges - Compare ICICIDirect with SAMCO
Brokerage Charges Compare ICICIDirect SAMCO
Plan Name NEO Flat Discount Brokerage Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.55% 0.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.05% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) Flat Fee Rs 20
Equity Options Flat Rs. 20 per order Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order 0.05% or Rs 20 whichever is lower
Currency Options Flat Rs. 20 per order 0.05% or Rs 20 whichever is lower
Commodity Trading Flat Rs. 20 per order 0.05% or Rs 20 whichever is lower
Minimum Brokerage Rs 35 per trade NIL
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare ICICIDirect vs SAMCO on Transaction Charges

Compare ICICIDirect with SAMCO on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect with SAMCO
Transaction Charges Compare ICICIDirect SAMCO
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for samco
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Account Features

Compare ICICIDirect vs SAMCO on Account Features

Compare ICICIDirect with SAMCO on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where SAMCO offers only 2-in-1 account which includes trading and demat account. Algo Trading - SAMCO offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - ICICIDirect with SAMCO
Account Features Compare ICICIDirect SAMCO
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare ICICIDirect vs SAMCO on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and SAMCO. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect with SAMCO
Trading Platform Compare ICICIDirect SAMCO
Desktop Trading Platform Trade Racer SAMCO Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile StockNote
Mobile Trading App Demo ICICI direct Mobile Demo StockNote Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod StockNote Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS ICICI direct Mobile Download iOS StockNote Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare ICICIDirect vs SAMCO on User Rating

  ICICIDirect SAMCO
  267 Customer Reviews    Rate ICICIDirect 32 Customer Reviews    Rate SAMCO
Fees Ratings 2.4 3.7
Trading Brokerage Rating 1.8 4.6
Trading Platform Usability 3.3 4.0
Customer Service Ratings 2.9 4.0
Overall Ratings 2.5 4.1
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare ICICIDirect vs SAMCO on Investment Offerings

Compare ICICIDirect with SAMCO on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - SAMCO offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where SAMCO doesn't offer

Investment Offerings - Compare ICICIDirect with SAMCO
Investment Offerings Compare ICICIDirect SAMCO
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs SAMCO on Order Types

Order Type - Compare ICICIDirect with SAMCO on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - SAMCO provides Bracket Orders (BO) where ICICIDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where SAMCO doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare ICICIDirect with SAMCO
Order Type Compare ICICIDirect SAMCO
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare ICICIDirect vs SAMCO on Customer Service

Compare ICICIDirect with SAMCO on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare ICICIDirect with SAMCO
Customer Service Compare ICICIDirect SAMCO
24/7 Customer Service ICICIDirect vs SAMCO - 24x7 customer support No No
Email Support ICICIDirect vs SAMCO - Email Support Yes Yes
Onine Live Chat ICICIDirect vs SAMCO - Onine Live Chat No No
Phone Support ICICIDirect vs SAMCO - Phone Support Yes Yes
Toll Free Number ICICIDirect vs SAMCO - Toll Free Number No Yes
Through Branches ICICIDirect vs SAMCO - Through Branches Yes No
Customer Care Number ICICIDirect vs SAMCO - Customer Care Number 1860 123 1122 022-2222-7777/022-4503-0450
Account Opening Process ICICIDirect vs SAMCO - Account Opening Process Online Online/Paperless
Customer Support Email ICICIDirect vs SAMCO - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs SAMCO - Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.samco.in/knowledge-center/
Head Office Address ICICIDirect vs SAMCO - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website ICICIDirect vs SAMCO - Company Website https://www.icicidirect.com https://www.samco.in/
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Tips/Research/Reports Published

Compare ICICIDirect vs SAMCO on Research Reports, Tips

Compare ICICIDirect with SAMCO on research reports and tips provided by the broker.

Research Reports - Compare ICICIDirect with SAMCO
  ICICIDirect SAMCO
Research Mutual Funds ICICIDirect vs SAMCO - Research Mutual Funds Yes No
Research Equity Reports ICICIDirect vs SAMCO - Research Equity Reports Yes No
Research ETF ICICIDirect vs SAMCO - Research ETF Yes No
Daily Market Report ICICIDirect vs SAMCO - Daily Market Report Yes No
Free Tips ICICIDirect vs SAMCO - Free Tips Yes No
Quarterly Result Analysis ICICIDirect vs SAMCO - Quarterly Results Yes No
News Alerts ICICIDirect vs SAMCO - Yes No
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Demat Account

Compare ICICIDirect vs SAMCO on Demat Account

Compare ICICIDirect with SAMCO on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for SAMCO is ₹400 pa where for ICICIDirect is ₹700 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) where for SAMCO is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with SAMCO
  ICICIDirect SAMCO
DP Source CDSL CDSL
DP ID ICICIDirect vs SAMCO - DP ID 14300 54200
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹10
Demat ₹50 per set up ₹10 per certificate + ₹50 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction CDSL charges + ₹50 courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹25 per transaction
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹25 per transaction
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) ₹25 per transaction
Failed Instruction Charges ₹30 per transaction Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs SAMCO on Special Offers and Promotion

Compare ICICIDirect with SAMCO on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs SAMCO on Special Offers and Promotion
  ICICIDirect SAMCO
Pay In and Pay Out Options ICICIDirect vs SAMCO - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time ICICIDirect vs SAMCO - Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays
Bank Supported and Charges ICICIDirect vs SAMCO - Bank Supported and Charges Info Not Available Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform.
Bank Detail Direct from your ICICI bank account. Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open SAMCO Account Now>>

Last Updated on 2023-09-14T04:34:26+00:00