FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

IIFL Securities Vs SAMCO Vs TradeSmart: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of SAMCO ranges between Rs 20, while the brokerage of TradeSmart ranges between Rs 15. The broker SAMCO and TradeSmart are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, SAMCO is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs SAMCO vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs SAMCO vs TradeSmart on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs SAMCO vs TradeSmart in this setion with 360 degree view of broker information.

Compare IIFL Securities vs SAMCO vs TradeSmart on Service

  IIFL Securities Compare
IIFL Securities
SAMCO Compare
SAMCO
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities 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 Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from SAMCO
Expand

Account Opening Charges and AMC

Compare IIFL Securities vs SAMCO vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs SAMCO vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and SAMCO offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs SAMCO vs TradeSmart
Charges IIFL Securities SAMCO TradeSmart
Trading Account Opening Fees Free Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 250 PA (Free for 1st year) Rs 400 PA (Free for 1st year) Rs 300 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare IIFL Securities vs SAMCO vs TradeSmart on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs SAMCO vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where IIFL Securities and SAMCO doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs SAMCO vs TradeSmart on Plan Options
Plan Types IIFL Securities SAMCO TradeSmart
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  IIFL Securities Zerodha SAMCO
Account Opening Request
Expand

Brokerage Charges

Compare IIFL Securities vs SAMCO vs TradeSmarton Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

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

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare IIFL Securities vs SAMCO vs TradeSmart
Brokerage Charges Compare IIFL Securities SAMCO TradeSmart
Plan Name IIFL iSERVE Brokerage Plan Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Flat Rs 20 per order 0.5% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Intraday Flat Rs 20 per order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Rs 20 per order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Rs 20 per order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Commodity Trading Flat Rs 20 per order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Minimum Brokerage
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 50 Per Call + GST Rs 20 per Executed order, with First 20 C&T are free Rs 20 per executed Order
Auto Square off Charges Rs 50 Per Call + GST Rs 20 per Executed order, with First 20 C&T are free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for SAMCO Brokerage Calculator for TradeSmart
Expand

Share Broker's Transaction Charges

Compare IIFL Securities vs SAMCO vs TradeSmart on Transaction Charges

Compare IIFL Securities vs SAMCO vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs SAMCO vs TradeSmart
Transaction Charges Compare IIFL Securities SAMCO TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr 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 iifl-securities Complete Brokerage Plans for samco Complete Brokerage Plans for trade-smart-online
Expand

Account Features

Compare IIFL Securities vs SAMCO vs TradeSmart on Account Features

Compare IIFL Securities vs SAMCO vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and SAMCO offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - IIFL Securities and SAMCO offers NRI Trading where TradeSmart doesn't offers NRI Trading.

Account Features - IIFL Securities vs SAMCO vs TradeSmart
Account Features Compare IIFL Securities SAMCO TradeSmart
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes No No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare IIFL Securities vs SAMCO vs TradeSmarton Trading Platform

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

Trading Platform - Compare IIFL Securities vs SAMCO vs TradeSmart
Trading Platform Compare IIFL Securities SAMCO TradeSmart
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://trade.samco.in/Samruddi/Login/indexauth.jsp

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets StockNote Sine
Mobile Trading App Demo IIFL Markets Demo StockNote Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS IIFL Markets Download iOS StockNote Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for SAMCO Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for samco Detail on Trading Platforms for trade-smart-online

Expand

Broker Ratings by Users

Compare IIFL Securities vs SAMCO vs TradeSmart on User Rating

  IIFL Securities SAMCO TradeSmart
  82 Customer Reviews    Rate IIFL Securities 32 Customer Reviews    Rate SAMCO 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
Expand

Investment Offerings

Compare IIFL Securities vs SAMCO vs TradeSmart on Investment Offerings

Compare IIFL Securities vs SAMCO vs TradeSmart 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - IIFL Securities and SAMCO offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where SAMCO and TradeSmart doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs SAMCO vs TradeSmart
Investment Offerings Compare IIFL Securities SAMCO TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes No No
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
Expand

Customer Service Offered

Compare IIFL Securities vs SAMCO vs TradeSmart on Customer Service

Compare IIFL Securities vs SAMCO vs TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs SAMCO vs TradeSmart
Customer Service Compare IIFL Securities SAMCO TradeSmart
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes No No
Customer Care Number 022-40071000 022-2222-7777/022-4503-0450 022 61208000
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.samco.in/knowledge-center/ https://help.tradesmartonline.in/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://www.indiainfoline.com/ https://www.samco.in/ https://tradesmartonline.in/
Expand

Tips/Research/Reports Published

Compare IIFL Securities vs SAMCO vs TradeSmart on Research Reports, Tips

Compare IIFL Securities vs SAMCO vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs SAMCO vs TradeSmart
  IIFL Securities SAMCO TradeSmart
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare IIFL Securities vs SAMCO vs TradeSmart on Demat Account

Compare IIFL Securities vs SAMCO vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs SAMCO vs TradeSmart
  IIFL Securities SAMCO TradeSmart
DP Source CDSL CDSL CDSL
DP ID 44700 54200 30400
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹400 pa ₹300 pa
Advance Deposit Nil NIL NIL
Statutory charges Nil Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹10 ₹25
Demat ₹15 per certificate + ₹40 courier charges ₹10 per certificate + ₹50 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges CDSL charges + ₹50 courier charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹50 ₹25 per transaction ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil ₹25 per transaction ₹200 per script
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil ₹25 per transaction ₹200 per script
Failed Instruction Charges Nil Nil Nil
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs SAMCO vs TradeSmart on Special Offers and Promotion

Compare IIFL Securities vs SAMCO vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs SAMCO vs TradeSmart on Special Offers and Promotion
  IIFL Securities SAMCO TradeSmart
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening, Rs 400 Waived for a limited time.
Enquire for IIFL Securities Enquire for SAMCO Enquire for TradeSmart

Last Updated on