MDirect Vs SAMCO

The brokerage of MDirect Max Rs 18 per trade while the brokerage of SAMCO Max 20 Rs per trade. Both the brokers are Discount Brokers. MDirect is having overall lower rating compare to SAMCO.MDirect is rated only 3 out of 5 where SAMCO is rated 4 out of 5.

Here we present 1 on 1 comparison of MDirect vs SAMCO share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared MDirect vs SAMCO's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare MDirect vs SAMCO - Broker type and exchange supported
  MDirect Logo
MDirect
SAMCO Logo
SAMCO
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE,NSE,MCX,NCDEX,MSEI BSE, NSE, MCX,MCX-SX,NCDEX
Broker Overview MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price. Samco, one of the oldest discount brokerage with customer-oriented and focus on innovation to satisfy every investor need. Feature-rich tools and platforms offered by Samco provide value addition to your trading.
Broker Enquiry Open an Online Trading Account with MDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SAMCO. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MDirect vs SAMCO - Trading and Demat Account Charges
  MDirect SAMCO
Trading Account Opening Fees MDirect vs SAMCO - Trading Account Opening Fees Rs 500 Free
Trading AMC MDirect vs SAMCO - Trading Account AMC Free Free
Demat Account Opening Fees MDirect vs SAMCO - Demat Account Opening Fees Rs 200 Free
Demat AMC MDirect vs SAMCO - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 400 PA
Provide DP Service MDirect vs SAMCO - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare MDirect vs SAMCO - Plan Options
  MDirect SAMCO
Multiple Plans What is this parameter? No No
Monthly Plans MDirect vs SAMCO - Monthly Brokerage Plan No No
Yearly Plans MDirect vs SAMCO - Yearly Brokerage Plan No No
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Contact Broker / Request A Call Back

  MDirect SAMCO
Contact / Request Call Back
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Brokerage Charges

Compare MDirect vs SAMCO - Brokerage Charges
  MDirect SAMCO
Plan Name MDirect vs SAMCO - Rs 18 Per Trader Plan Fix Brokerage Plan
Plan Description MDirect vs SAMCO - Flat Rs 18 Per Trader Plan. Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.
Equity Delivery MDirect vs SAMCO - Cash Delivery Brokerage Flat Fee Rs 18 0.2% or Rs 20 whichever is lower
Equity Intraday MDirect vs SAMCO - Cash Intraday Brokerage 0.01% or Rs 18 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures MDirect vs SAMCO - F&O Segment - Futures Brokerage 0.01% or Rs 18 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options MDirect vs SAMCO - F&O Segment - Options Brokerage Flat Fee Rs 18 Flat Fee Rs 20
Currency Futures MDirect vs SAMCO - Currency Futures Trading Brokerage 0.01% or Rs 18 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options MDirect vs SAMCO - Currency Options Trading Brokerage Flat Fee Rs 18 Flat Fee Rs 20
Commodity Trading MDirect vs SAMCO - Commodity Trading Brokerage Flat Fee Rs 18 Flat Fee Rs 20
Minimum Brokerage MDirect vs SAMCO -
Hidden Charges MDirect vs SAMCO - Hidden Charges Info Not Available Info Not Available
Funding MDirect vs SAMCO - Funding Interest Info Not Available Info Not Available
Call & Trade Charges MDirect vs SAMCO - Call & Trade Charges Info Not Available Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for MDirect Brokerage Calculator for SAMCO
SPAN Margin Calculator SPAN Margin Calculator for MDirect SPAN Margin Calculator for SAMCO
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Share Broker's Transaction/Turnover Charges

Compare MDirect vs SAMCO - Transaction/Turnover Charges
  MDirect SAMCO
Equity Delivery MDirect vs SAMCO - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MDirect vs SAMCO - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MDirect vs SAMCO - Equity Futures Transaction Charges Rs 350 Per Cr Rs 210 Per Cr
Equity Options MDirect vs SAMCO - Equity Options Transaction Charges Rs 8000 Per Cr Rs 5300 Per Cr
Currency Futures MDirect vs SAMCO - Rs 215 Per Cr Rs 135 Per Cr
Currency Options MDirect vs SAMCO - Rs 7000 Per Cr Rs 4400 Per Cr
Commodity MDirect vs SAMCO - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for mdirect Complete Brokerage Plans for samco
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Trading Features

Compare MDirect vs SAMCO - Trading Feature and platform
  MDirect SAMCO
3 in 1 Account MDirect vs SAMCO - Account Type? No MDirect have 2-in-1 account. Only Demate and Trading account. No MDirect have 2-in-1 account. Only Demate and Trading account.
Charting MDirect vs SAMCO - Advance Charting Yes Yes
Algo Trading MDirect vs SAMCO - Algo Trading Yes Yes
SMS Alerts MDirect vs SAMCO - SMS Alerts Yes Yes
Online Demo MDirect vs SAMCO - Online Demo Yes Yes
Online Portfolio MDirect vs SAMCO - Portfolio Service No No
Margin Trading Funding Available MDirect vs SAMCO - Margin Funding No Yes
Combined Ledger for Equity and Commodity MDirect vs SAMCO - Combined Ledger for Equity and Commodity No No
Intraday Square-off Time MDirect vs SAMCO - Intraday Square-off Time 3:15 pm 3:15PM
NRI Trading MDirect vs SAMCO - NRI Trading No Yes
Other Features MDirect vs SAMCO -
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Trading Platform

Compare MDirect vs SAMCO - Trading Platform
  MDirect SAMCO
Desktop Trading Platform MDirect vs SAMCO - Trading terminal NSE NOW SAMCO Trader
Desktop Demo MDirect vs SAMCO - Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) MDirect vs SAMCO - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MDirect vs SAMCO - MAC Trading Terminal Yes No
Web Trading Platform MDirect vs SAMCO - Web Trading Platform Yes Yes
Web Trading Detail MDirect vs SAMCO - Trading Website http://122.179.158.190/sohamrmclient/login.aspx https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo MDirect vs SAMCO - Web Trading Demo Info Not Available Web Trading Demo
Mobile Site MDirect vs SAMCO - Trading Site for Mobile Yes Yes
Mobile Trading MDirect vs SAMCO - Mobile App Yes Yes
Mobile Trading App MDirect vs SAMCO - Name Of Mobile App Mdirect StockNote
Mobile Trading App Demo MDirect vs SAMCO - Name Of Mobile App Info Not Available StockNote Demo
Android Mobile App MDirect vs SAMCO - Android Mobile App Yes Yes
Android App Download MDirect vs SAMCO - Mobile App Download Andriod Mdirect Download Andriod StockNote Download
iPhone Mobile App (IOS) MDirect vs SAMCO - Yes No
iOS App Download MDirect vs SAMCO - Mobile App Download iOS Mdirect Download iOS StockNote Download
Android Tablet App MDirect vs SAMCO - Android Tablet App Yes Yes
iPad App (IOS) MDirect vs SAMCO - Yes No
Trading Software Charges MDirect vs SAMCO - Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MDirect Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for MDirect Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for MDirect Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for mdirect Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare MDirect vs SAMCO - Rating
  MDirect SAMCO
  Customer Reviews    Rate MDirect 30 Customer Reviews    Rate SAMCO
Fees Ratings 3.7
Trading Brokerage Rating 4.7
Trading Platform Usability 4.1
Customer Service Ratings 4.1
Overall Ratings Rated 4.3 stars
Broker Rating SAMCO is Rated 4.3 / 5 based on 30 customer reviews
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Investment Services

Compare MDirect vs SAMCO - Investment Options
  MDirect SAMCO
Equity Cash and F&O MDirect vs SAMCO - Equity and Equity derivatives Yes Yes
Currency Deravitives MDirect vs SAMCO - Currency Trading Yes Yes
Commodity MDirect vs SAMCO - Commodity Trading Yes Yes
Online IPO Application MDirect vs SAMCO - Online IPO Investment No No
Mutual Funds MDirect vs SAMCO - Online Mutual Funds Investment No No
Bond / NCD MDirect vs SAMCO - Bonds and NCD No No
ETF MDirect vs SAMCO - ETF Yes Yes
Banking MDirect vs SAMCO - Banking Service No No
Insurance MDirect vs SAMCO - Insurance Service No No
Forex MDirect vs SAMCO - Forex Trading No No
MF SIP Investment MDirect vs SAMCO - Mutual Fund SIP No No
Equity SIP Investment MDirect vs SAMCO - Equity SIP No No
PMS Service MDirect vs SAMCO - Portfolio Management Services (PMS) No No
Algo Trading MDirect vs SAMCO - Algo Trading No Yes
Other Investment Options MDirect vs SAMCO - NA
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Order Types

Compare MDirect vs SAMCO - Order Types
  MDirect SAMCO
CNC Ordre MDirect vs SAMCO - CNC Order Yes Yes
MIS Ordre MDirect vs SAMCO - MIS Order Yes Yes
NRML Ordre MDirect vs SAMCO - NRML Order Yes Yes
Cover Ordre MDirect vs SAMCO - Cover Order No Yes
Bracket Ordre MDirect vs SAMCO - Bracket Order No Yes
AMO-After Market Orders MDirect vs SAMCO - After market Orders Yes Yes
GTC-Good Till Cancelled MDirect vs SAMCO - GTC Orders No Yes
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Margin/Leverage

Compare MDirect vs SAMCO - Margin/Leverage
  MDirect SAMCO
Equity Delivery Margin MDirect vs SAMCO - Equity Delivery Margin Info Not Available upto 4x on equity delivery with SAMCO CashPlus.
Equity Intraday Margin MDirect vs SAMCO - Equity Intraday Margin Info Not Available Upto 3x-15x leverage for quity.
Futures Margin MDirect vs SAMCO - Futures Margin Info Not Available Upto 2x leverage for futures.
Options Margin MDirect vs SAMCO - Options Margin Info Not Available Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin MDirect vs SAMCO - Equity CO Margin Info Not Available Upto 25x margin/leverage in CO order for selected equity scripts.
Futures CO Margin MDirect vs SAMCO - Futures CO Margin Info Not Available Upto 25x margin/leverage in CO order for Futures contracts.
Options CO Margin MDirect vs SAMCO - Options CO Margin Info Not Available Upto 25x margin/leverage in CO order for options Contracts Sell only.Buying is enable for NIFTY only.
Commodity Margin MDirect vs SAMCO - Commodity Margin Info Not Available Upto 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare MDirect vs SAMCO - Customer Service Offerance
  MDirect SAMCO
24/7 Customer Service MDirect vs SAMCO - 24x7 customer support Yes No
Email Support MDirect vs SAMCO - Email Support Yes Yes
Onine Live Chat MDirect vs SAMCO - Onine Live Chat Yes No
Phone Support MDirect vs SAMCO - Phone Support Yes Yes
Toll Free Number MDirect vs SAMCO - Toll Free Number Yes Yes
Through Branches MDirect vs SAMCO - Through Branches No No
Customer Care Number MDirect vs SAMCO - Customer Care Number Info Not Available "+91-22-2222-7777 "
Account Opening Process MDirect vs SAMCO - Account Opening Process Info Not Available Paperless
Customer Support Email MDirect vs SAMCO - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education MDirect vs SAMCO - Knowledge Center/Education Info Not Available https://www.samco.in/knowledge-center/
Head Office Address MDirect vs SAMCO - Head Office Address/Corporate Address Info Not Available SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website MDirect vs SAMCO - Company Website Info Not Available https://www.samco.in/
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Tips/Research/Reports Published

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

Compare MDirect vs SAMCO - Demat Account
  MDirect SAMCO
DP Source CDSL
DP ID MDirect vs SAMCO - DP ID No 54200
Demat Account Annual Maintenance Charges(AMC) Rs.400/= for Individual & Rs.800/= for Corporate.
Advance Deposit NIL
Statutory charges Only Franking Charges
Transaction Charges on Debit (Per ISIN) Rs.10/- per transaction in same DP & 0.02% per transaction & minimum Rs.25/- for other DP
Demat Rs.10/- per Certificate plus Courier Charges Rs.50/- per request
Remat Actual CDSL charges plus Courier charges Rs.50/- per request.
Pledge Creation Rs.25/- per transaction
Pledge Creation Confirmation NIL
Pledge Closure Rs.25/- per transaction
Pledge Closure Confirmation NIL
Pledge Invocation Rs.25/- per transaction
Failed Instruction Charges NIL
Other Charges Service tax on all charges (excluding franking charges)

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Special Offers,Advantages,Disadvantages

Compare MDirect vs SAMCO - Special Offers and Promotion
  MDirect SAMCO
Pay In and Pay Out Options MDirect vs SAMCO - Pay In and Pay Out Options Info Not Available 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 MDirect vs SAMCO - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges MDirect 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 (StockNote/SAMCO Star).
Bank Detail Info Not Available Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes
  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...

  • Margin against shares and margin funding for equity delivery trades available.
  • High leverage upto 33x for trading in equity intraday using MIS.
  • Referral Credit.
  • Cover Order, Bracket Order and Trailing Stop Loss order available. Bracket Order available for commodity trading.

More Advantages...

Dislikes
  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

  • No monthly plans.
  • No Mutual Fund investment.
  • Samco is an online discount broker, so no branches and offline support.

More Disadvantages...

Special Offers/Promo
Enquire about MDirect Enquire about SAMCO

Free Direct Mutual Fund Investment

Free Delivery trading


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
Open Account Now

5paisa Review  5paisa

Trade in Cash and F&O at Just Rs 10. Save 95% on Brokerage.


Instant - Online Account Opening
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Beginner, seasoned investor, active trader or HNI. Get customised solutions.


Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)
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Fyers Review  Fyers

Free Delivery trading

High Leverage


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
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Flat Fee - Rs 15 Per Trade


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Rs 0 account opening fee on Demat Acct

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