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Fyers Vs SAMCO (Compare Fyers and SAMCO)

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company. The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in India. ... Know more about Fyers Securities Ltd

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO Securities Limited

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Fyers Vs SAMCO

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Fyers SAMCO
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2015
Number of Branches 2
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and SAMCO Demat Account AMC Charges is Rs 400.

  Fyers SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free AMC for Lifetime) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free AMC for Lifetime) Rs 400

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Fyers Vs SAMCO Brokerage

Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower 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 Fyers Flat Fee Brokerage Plan SAMCO Standard
Fixed Charges NA NA
Equity Delivery 0.03% or Rs 20, whichever is lower Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday 0.03% or Rs 20, whichever is lower Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures 0.03% or Rs 20, whichever is lower Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 20 per executed order Rs 20 per trade
Currency Futures 0.03% or Rs 20, whichever is lower Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per executed order Rs 20 per trade
Commodity Futures 0.03% or Rs 20, whichever is lower Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.

Fyers Charges Vs SAMCO

Minimum Brokerage Intra-day: 0.03% or Rs 20, whichever is lower 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)
Call & Trade Charges Rs 50 per trade Rs 20 per executed order

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Fyers Vs SAMCO Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  Fyers SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity NA Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Leverage (Margin)

Fyers 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.

  Fyers 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)
Open Fyers AccountOpen SAMCO Account

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Compare Fyers and SAMCO Features

The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Fyers SAMCO
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Fyers App, Fyers Web, Fyers Next 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? Yes
Referral Program Yes Yes
Other Features API Trading, Algo Trading and Insta Options is available, which is designed for options traders. Margin Products - CashPlus, StockPlus, and BTPT
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Review

Fyers is rated 2.9 of 5 based on 37 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  Fyers SAMCO
  37 Customer Reviews    Rate Fyers 26 Customer Reviews    Rate SAMCO
Fees 3.4 3.4
Brokerage 3.5 3.8
Trading Platform 3.2 2.8
Customer Service 2.9 3.2
Research Capabilities 2.3 2.6
Overall Ratings Rated 2.9 stars Rated 3.2 stars
Broker Rating Fyers is rated 2.9 of 5 based on 37 customer reviews SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire SAMCO Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. 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.

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Fyers Vs SAMCO Investment Options

  Fyers SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt No No
Other Investment Options

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Fyers Vs SAMCO Order Type Offered

  Fyers SAMCO
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
Open Fyers AccountOpen SAMCO Account

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Fyers Vs SAMCO Research Report

  Fyers SAMCO
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Fyers Vs SAMCO Suitable For Investor Type

  Fyers SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

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Fyers Vs SAMCO - Pros and Cons

  Fyers SAMCO
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
  • 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
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • 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

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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.

Open Fyers AccountOpen SAMCO Account

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