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

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Upstox ranges between Rs 20, while the brokerage of SAMCO ranges between Rs 20. The broker Upstox and SAMCO are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Upstox is rated 4.5, SAMCO is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Upstox vs SAMCO 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 Upstox vs SAMCO 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 Upstox vs SAMCO in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Upstox vs SAMCO on Service

  IIFL Securities Compare
IIFL Securities
Upstox Compare
Upstox
SAMCO Compare
SAMCO
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 NSE, BSE, MCX 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 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. 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
Broker Enquiry Request call back from IIFL Securities Request call back from Upstox Request call back from SAMCO
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Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs Upstox vs SAMCO on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and SAMCO offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Upstox charges 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 IIFL Securities vs Upstox vs SAMCO
Charges IIFL Securities Upstox SAMCO
Trading Account Opening Fees Free Promotion offer: Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Free Rs 400 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Upstox vs SAMCO on Plan Options

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

Compare IIFL Securities vs Upstox vs SAMCO on Plan Options
Plan Types IIFL Securities Upstox SAMCO
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Upstox SAMCO
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Upstox vs SAMCOon Brokerage Charges

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

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

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

Brokerage Charges - Compare IIFL Securities vs Upstox vs SAMCO
Brokerage Charges Compare IIFL Securities Upstox SAMCO
Plan Name IIFL iSERVE Brokerage Plan Max Rs 20 Per Order Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Rs 20 per order 2.5% or Rs 20 whichever is lower 0.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs 20 per order 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order 0.05% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs 20 per order 0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Currency Options Flat Rs 20 per order Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Minimum Brokerage
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available NA
Call & Trade Charges Rs 50 Per Call + GST Rs 50 + 18% GST Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges Rs 50 Per Call + GST Rs 50 + 18% GST Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Upstox Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare IIFL Securities vs Upstox vs SAMCO on Transaction Charges

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

Transaction Charges - Compare IIFL Securities vs Upstox vs SAMCO
Transaction Charges Compare IIFL Securities Upstox SAMCO
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 upstox Complete Brokerage Plans for samco
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Account Features

Compare IIFL Securities vs Upstox vs SAMCO on Account Features

Compare IIFL Securities vs Upstox vs SAMCO on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where IIFL Securities and SAMCO offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities and SAMCO offers NRI Trading where Upstox doesn't offers NRI Trading.

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

Compare IIFL Securities vs Upstox vs SAMCOon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Upstox vs SAMCO. 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 Upstox vs SAMCO
Trading Platform Compare IIFL Securities Upstox SAMCO
Desktop Trading Platform IIFL Trader terminal Upstox Pro SAMCO Trader
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://pro.upstox.com/

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

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets Upstox StockNote
Mobile Trading App Demo IIFL Markets Demo Upstox Demo StockNote Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes Yes No
iOS App Download iOS IIFL Markets Download iOS Upstox Download iOS StockNote Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
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 Upstox Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Upstox Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for upstox Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare IIFL Securities vs Upstox vs SAMCO on User Rating

  IIFL Securities Upstox SAMCO
  82 Customer Reviews    Rate IIFL Securities 12 Customer Reviews    Rate Upstox 32 Customer Reviews    Rate SAMCO
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 Upstox is Rated 3.7 / 5 based on 12 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare IIFL Securities vs Upstox vs SAMCO on Investment Offerings

Compare IIFL Securities vs Upstox vs SAMCO 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where Upstox and SAMCO doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs Upstox vs SAMCO
Investment Offerings Compare IIFL Securities Upstox SAMCO
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
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 Yes No
Equity SIP Investment Yes Yes No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare IIFL Securities vs Upstox vs SAMCO on Order Types

Order Type - Compare IIFL Securities vs Upstox vs SAMCO on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Upstox and SAMCO provides Bracket Orders (BO) facility where IIFL Securities doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - IIFL Securities and Upstox offers Good Till Cancelled (GTC) orders facility where SAMCO doesn't provides GTC.

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

Compare IIFL Securities vs Upstox vs SAMCO on Customer Service

Compare IIFL Securities vs Upstox vs SAMCO 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 Upstox vs SAMCO
Customer Service Compare IIFL Securities Upstox SAMCO
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes No
Customer Care Number 022-40071000 +91 22 6130 9999 022-2222-7777/022-4503-0450
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://upstox.com/help-center/ https://www.samco.in/knowledge-center/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website https://www.indiainfoline.com/ https://upstox.com/ https://www.samco.in/
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Tips/Research/Reports Published

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

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

Research Reports - Compare IIFL Securities vs Upstox vs SAMCO
  IIFL Securities Upstox SAMCO
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
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Demat Account

Compare IIFL Securities vs Upstox vs SAMCO on Demat Account

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

Demat Charges - Compare IIFL Securities vs Upstox vs SAMCO
  IIFL Securities Upstox SAMCO
DP Source CDSL CDSL CDSL
DP ID 44700 81800 54200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 PA ₹400 pa
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹13 + ₹5.50 CDSL charges ₹10
Demat ₹15 per certificate + ₹40 courier charges ₹20 + ₹50 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) CDSL charges + ₹50 courier charges
Pledge Creation ₹50 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure Nil 0.02% of the transaction value (Min ₹50) + CDSL charges ₹25 per transaction
Pledge Closure Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation Nil 0.05% of the transaction value (Min ₹50) ₹25 per transaction
Failed Instruction Charges Nil ₹50 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare IIFL Securities vs Upstox vs SAMCO on Special Offers and Promotion
  IIFL Securities Upstox SAMCO
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
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 Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

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...

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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

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...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for IIFL Securities Enquire for Upstox Enquire for SAMCO

Last Updated on 2023-09-14T04:42:55+00:00