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SAMCO Vs Fyers: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of SAMCO Max Rs 20 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Fyers is 2,14,075 where number of active customer for SAMCO is 88,151. Fyers is serving more customer compare to SAMCO.

Here we present side-by-side comparison of SAMCO vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SAMCO vs Fyers'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 SAMCO vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SAMCO vs Fyers'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 SAMCO vs Fyers on Service

  SAMCO Compare
SAMCO
Fyers Compare
Fyers
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 BSE, NSE, MCX
Active Clients 88,151 2,14,075
Broker Overview 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 Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from SAMCO Request call back from Fyers
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Account Opening Charges and AMC

Compare SAMCO vs Fyers on Trading & Demat Account Opening Charges

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

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

Compare SAMCO vs Fyers on Plan Options

Plans are the most important feature you look when compare SAMCO with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  SAMCO Fyers
Account Opening Request
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Brokerage Charges

Compare SAMCO vs Fyers on Brokerage Charges

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

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare SAMCO with Fyers
Brokerage Charges Compare SAMCO Fyers
Plan Name Max Rs 20 Per Order Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.5% or Rs 20 whichever is lower Free
Equity Intraday 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options 0.05% or Rs 20 whichever is lower Flat Fee Rs 20
Commodity Trading 0.05% or Rs 20 whichever is lower Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Order
Auto Square off Charges Rs 20 per Executed order, with First 20 C&T are free Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for SAMCO Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare SAMCO vs Fyers on Transaction Charges

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

Transaction Charges - Compare SAMCO with Fyers
Transaction Charges Compare SAMCO Fyers
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for samco Complete Brokerage Plans for fyers
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Account Features

Compare SAMCO vs Fyers on Account Features

Compare SAMCO with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - SAMCO offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - SAMCO offers NRI where Fyers doesn't offers NRI Trading.

Account Features - SAMCO with Fyers
Account Features Compare SAMCO Fyers
3 in 1 Account No SAMCO have 2-in-1 account. Only Demate and Trading account. No SAMCO have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL Fyers 30 Day Challenge
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Trading Platform

Compare SAMCO vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SAMCO and Fyers. 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 SAMCO with Fyers
Trading Platform Compare SAMCO Fyers
Desktop Trading Platform SAMCO Trader Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.samco.in/Samruddi/Login/indexauth.jsp Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App StockNote Fyers 2.0 Mobile App
Mobile Trading App Demo StockNote Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod StockNote Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS StockNote Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SAMCO Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for SAMCO Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for samco Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare SAMCO vs Fyers on User Rating

  SAMCO Fyers
  32 Customer Reviews    Rate SAMCO 10 Customer Reviews    Rate Fyers
Fees Ratings 3.7 3.5
Trading Brokerage Rating 4.6 3.6
Trading Platform Usability 4.0 3.6
Customer Service Ratings 4.0 3.4
Overall Ratings 4.1 3.2
Broker Rating SAMCO is Rated 4.1 / 5 based on 32 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare SAMCO vs Fyers on Investment Offerings

Compare SAMCO with Fyers 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare SAMCO vs Fyers on Order Types

Order Type - Compare SAMCO with Fyers 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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- Fyers offers Good Till Cancelled (GTC) orders where SAMCO doesn't support Good Till Cancelled (GTC) orders.

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

Compare SAMCO vs Fyers on Customer Service

Compare SAMCO with Fyers 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 SAMCO with Fyers
Customer Service Compare SAMCO Fyers
24/7 Customer Service SAMCO vs Fyers - 24x7 customer support No No
Email Support SAMCO vs Fyers - Email Support Yes Yes
Onine Live Chat SAMCO vs Fyers - Onine Live Chat No No
Phone Support SAMCO vs Fyers - Phone Support Yes Yes
Toll Free Number SAMCO vs Fyers - Toll Free Number Yes No
Through Branches SAMCO vs Fyers - Through Branches No No
Customer Care Number SAMCO vs Fyers - Customer Care Number 022-2222-7777/022-4503-0450 08060001111
Account Opening Process SAMCO vs Fyers - Account Opening Process Online/Paperless 100% online and paperless proc
Customer Support Email SAMCO vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SAMCO vs Fyers - Knowledge Center/Education https://www.samco.in/knowledge-center/ https://fyers.in/school-of-stocks/
Head Office Address SAMCO vs Fyers - Head Office Address/Corporate Address SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website SAMCO vs Fyers - Company Website https://www.samco.in/ https://fyers.in/
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Tips/Research/Reports Published

Compare SAMCO vs Fyers on Research Reports, Tips

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

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

Compare SAMCO vs Fyers on Demat Account

Compare SAMCO with Fyers 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 Fyers is Free where for SAMCO is ₹400 pa. Fyers is a better choice in terms of Demat AMC compare to SAMCO.

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 SAMCO is ₹10 where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.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 SAMCO with Fyers
  SAMCO Fyers
DP Source CDSL CDSL
DP ID SAMCO vs Fyers - DP ID 54200 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹400 pa Free
Advance Deposit NIL Nil
Statutory charges Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹10 ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹10 per certificate + ₹50 courier charges ₹0
Remat CDSL charges + ₹50 courier charges ₹0
Pledge Creation ₹25 per transaction Nil
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare SAMCO vs Fyers on Special Offers and Promotion

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

Compare SAMCO vs Fyers on Special Offers and Promotion
  SAMCO Fyers
Pay In and Pay Out Options SAMCO vs Fyers - Pay In and Pay Out Options 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SAMCO vs Fyers - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges SAMCO vs Fyers - Bank Supported and Charges Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • 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...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • 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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open SAMCO Account Now>> Open Fyers Account Now>>

Last Updated on 2023-09-15T07:17:14+00:00