Interactive Brokers vs Samco securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs Samco securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Interactive Brokers and Samco securities.

Background

Year of Incorporation 1977 2008
Website https://www.interactivebrokers.co.in/en/home.php https://www.samco.in/
Phone +91 22-61289888 022-22227777
Exchanges enabled NSE (plus over 100 market centers across 24 countries). NSE, BSE, MCX,
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.05% per Executed Order 0.02% or Rs 20 per executed order
Equity Futures 0.01% per Executed Order 0.02% or Rs 20 per executed order
Equity Options Rs 25 per lot per Rs 20 per lot
Currency Futures 0.01% per Executed Order 0.02% or Rs 20 per executed order
Currency Options 0.01% per Executed Order Rs 50 per executed order
Commodity Rs 50 per lot per Rs 50 per executed order
Account Opening Costs

Trading only Rs 0 Rs 200
Trading & Demat Rs 400 Rs 600
Commodity Not Available Rs 200
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% on Turnover
Futures 0.0019 % 0.0021% on Contract Turnover
Options 0.05% 0.053% on Premium Turnover
Commodities Not available 0.0031% on Contract turnover
AMC charge NIL Trading: 0, Demat: Rs 300
DP Transaction Charge NIL Rs 25 or 0.02% whichever is higher
Offline order placing Charge Rs 1500 per order Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 5 days on NEST
End of Day 1 Year 5 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage Upto 15x for Intraday
Equity Futures Upto 2x for Intraday Upto 2.5x for intraday
Equity Options Buying 0 & Shorting upto 2x for Intraday Shorting upto 2.5x for intraday
Currency Futures Upto 2x for Intraday Upto 2.5x for intraday
Currency Options Buying 0 & Shorting upto 2x for Intraday Shorting upto 2.5x for intraday
Commodity Not Available Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 104.1 Crores Rs 14.30 Lakh
Profit after Tax FY12/13 Rs 63.01 Crores Rs 16.49 Lakh
Profit after Tax FY13/14 Rs 64.75 Crores Rs 14.45 Lakh
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 14.93 Lakh
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 15.49 Lakh
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 23.43 Lakh
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 19.67 Lakh
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 19.67 Lakh
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 23.98 Lakh
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 26.44 Lakh
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 29.54 Lakh
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 25.45 Lakh
Debt FY11/12 Rs 17.67 Crores Rs 49.70 Lakh
Debt FY12/13 Rs 13.43 Crores Rs 52.21 Lakh
Debt FY13/14 Rs 21.88 Crores Rs 39.63 Lakh
Debt FY14/15 Rs 21.05 Crores Rs 39.63 Lakh
Debt FY15/16 Rs 23.05 Crores Rs 50.33 Lakh
Debt FY16/17 Rs 22.53 Crores Rs 45.94 Lakh
Debt FY17/18 Rs 22.09 Crores Rs 56.09 Lakh
Debt FY18/19 Rs 23.67 Crores Rs 43.12 Lakh
Debt FY19/20 Rs 21.41 Crores Rs 45.87 Lakh
Debt FY20/21 Rs 24.02 Crores Rs 43.90 Lakh
Debt FY21/22 Rs 27.09 Crores Rs 63.68 Lakh
Debt FY22/23 Rs 21.78 Crores Rs 46.35 Lakh
Profit to Equity(%) FY11/12 14.94 13.31
Profit to Equity(%) FY12/13 7.29 14.03
Profit to Equity(%) FY13/14 9.71 16.26
Profit to Equity(%) FY14/15 9.01 14.18
Profit to Equity(%) FY15/16 9.64 23.48
Profit to Equity(%) FY16/17 10.04 20.07
Profit to Equity(%) FY17/18 10.14 20.50
Profit to Equity(%) FY18/19 11.34 19.23
Profit to Equity(%) FY19/20 13.24 25.63
Profit to Equity(%) FY20/21 12.52 23.59
Profit to Equity(%) FY21/22 17.85 24.05
Profit to Equity(%) FY22/23 14.56 25.19
Balance Sheet Size FY11/12 Rs 908 Crores Rs 5.66 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 9.46 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 10.34 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 11.42 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 10.62 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 10.64 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 14.98 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 13.60 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 14.00 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 17.62 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 16.52 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 19.39 Crores

Comparison Link:

Compare Interactive Brokers Compare Samco securities
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Interactive Brokers Vs Tata Securities Samco securities Vs Tata Securities
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Interactive Brokers Vs SMC Global Samco securities Vs SMC Global
Interactive Brokers Vs SBICAP Securities Samco securities Vs SBICAP Securities
Interactive Brokers Vs SASOnline Samco securities Vs SASOnline
Interactive Brokers Vs RK Global Samco securities Vs RK Global
Interactive Brokers Vs Reliance Securities Samco securities Vs Reliance Securities
Interactive Brokers Vs Nirmal Bang Samco securities Vs Nirmal Bang
Interactive Brokers Vs Master Trust Capital Samco securities Vs Master Trust Capital
Interactive Brokers Vs Kotak Securities Samco securities Vs Kotak Securities
Interactive Brokers Vs IIFL Securities Samco securities Vs IIFL Securities
Interactive Brokers Vs Dhani Samco securities Vs Dhani
Interactive Brokers Vs IDBI Capital Samco securities Vs IDBI Capital
Interactive Brokers Vs HDFC Securities Samco securities Vs HDFC Securities
Interactive Brokers Vs Geojit Samco securities Vs Geojit
Interactive Brokers Vs Fyers Securities Samco securities Vs Fyers Securities
Interactive Brokers Vs Edelweiss Capital Samco securities Vs Edelweiss Capital
Interactive Brokers Vs Easytradez Samco securities Vs Easytradez
Interactive Brokers Vs Rupeezy Samco securities Vs Rupeezy
Interactive Brokers Vs Anand Rathi Samco securities Vs Anand Rathi
Interactive Brokers Vs Aditya Birla Money Samco securities Vs Aditya Birla Money
Interactive Brokers Vs Achiievers Samco securities Vs Achiievers
Interactive Brokers Vs Angel Broking Samco securities Vs Angel Broking
Interactive Brokers Vs Motilal Oswal Samco securities Vs Motilal Oswal
Interactive Brokers Vs ICICI Direct Samco securities Vs ICICI Direct
Interactive Brokers Vs Sharekhan Samco securities Vs Sharekhan
Interactive Brokers Vs Groww Samco securities Vs Groww
Interactive Brokers Vs Tradesmart Online Samco securities Vs Tradesmart Online
Interactive Brokers Vs Upstox Samco securities Vs Upstox
Interactive Brokers Vs Zerodha Samco securities Vs Zerodha

Frequently Asked Questions

Is Interactive Brokers better than Samco securities ?

Interactive Brokers and Samco securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Samco securities better than Interactive Brokers ?

Interactive Brokers and Samco securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers cheaper than Samco securities ?

Interactive Brokers and Samco securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Samco securities cheaper than Interactive Brokers ?

Interactive Brokers and Samco securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Interactive Brokers vs. Samco securities ?

To find out the better of the two stockbrokers Interactive Brokers and Samco securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.