IIFL
VS
Samco
| Background Services | ||
|---|---|---|
| Type of Broker | Full Service | Discount Broker |
| Founded | 1995 | 2015 |
| Active Clients | 2,14,149 | 39,316 |
| Product offered | Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. | Equity Spot, Futures & Options in Equity, Currency and Commodity, Bonds. |
| Depository | CDSL | CDSL |
| Advisory / Research tips | ||
| Advisory | Yes | No |
| Charges | ||
| Account Opening Charges | ||
| Trading Account | Rs. 0 | Rs. 0 |
| Demat Account | Rs. 0 | Rs. 0 |
| Commodity Account | Rs. 0 | Rs. 0 |
| Annual Maintenance Charges | ||
| Trading Account | Free for 5 years, 6th year onwards 400 + GST | Rs. 0 |
| Demat Account | Free for 5 years, 6th year onwards 400 + GST | Rs. 400 |
| Commodity Account | Rs. 0 | Rs. 0 |
| Brokerage Charges | ||
| Equity Delivery | 0.50% on turnover | Rs. 20 or 0.2% on turnover (whichever is lower) per order |
| Equity Intraday | 0.05% on turnover | Rs. 20 or 0.02% on turnover (whichever is lower) per order |
| Equity Futures | 0.05% on turnover | Rs. 20 per order |
| Currency Futures | 0.05% on turnover | Rs. 20 per order |
| Commodity Futures | - | Rs. 20 per order |
| Equity Options | 1% on premium or Rs.100 per lot | Rs. 20 per order |
| Currency Options | - | Rs. 20 per order |
| Commodity Options | - | Rs. 20 per order |
| Technology | ||
| Trading Platform | IIFL Trader Terminal. | Samco Traser (Nest). |
| Features | ||
| Shortcut Keys | Yes | Yes |
| Heat Map | Yes | No |
| Charting | Yes | Yes |
| Intraday Data (Days) | - | 21+ Days |
| EOD Data (Days) | - | 5475+ Days (15 years) |
| Leverages | ||
| Equity Delivery | 5x on turnover | 4x on turnover (Cash Plus Subcription) |
| Intraday | ||
| Equity Spot | 10 - 15x on turnover | 3x - 15x on turnover |
| Equity Futures and Options | 10 - 12x on ESM | 3x for Index & 4x for Stocks |
| Currency Futures and Options | 10 - 12x on ESM | 4x on ESM |
| Commodity Futures and Options | 10 - 12x on ESM | 60x depending on product type and contract selected |
| Intraday with BO & CO | ||
| Equity Spot | No leverage | 33x on turnover |
| Equity Futures and Options | No leverage | 33x on ESM only for Futures |
| Currency Futures and Options | No leverage | 100x on ESM |
| Commodity Futures and Options | No leverage | 60x on ESM depending on product type and contract selected |
| Customer Support | ||
| Phone | Yes | Yes |
| Yes | Yes | |
| Transaction Alerts | Yes | Yes |
| Live Chat | Yes | No |
| Relationship Manager | Yes | No |
GET LATEST OFFERS!
- First 25 Trades Free!
- 100% Free Demat Account!
- 90% Brokerage Saving
- 10-40 Times Extra Margin