Samco Brokerage Review
Samco is online leading discount broker in India. More then30,000 Active customer put him on 3rd place in Discount Broker Ledge. Samco is Brand incorporate in March 2015.
Samco Launched the Country’s first capital market league – Indian Trading League.
With Samco, you can invest in Stocks, debentures, commodity, currency, bonds, IPOs and ETFs. The distinguishing feature of the broker includes margin limits provided for intraday trades. Samco Rating Tool is the first and only Stock Rating tools in India. It evaluates and rate companies on a variety of different parameters including market analysis, earnings, balance sheet analysis, corporate governance and others.
- Jimeet Modi – Jimeet is currently CEO. He acquired Samrudhi stock brokers ltd and re- branded as a Samco Securities.
Samco Brand – Ambassador
- Kapil Dev
- Maharashtra – Mumbai
- Trading Account Opening Fee – Rs 0
- Brokerage Account AMC – RS 0
- Demat Account Opening Fee – Rs 0
- Demat Account AMC – Rs 400
- Monthly Fee – Nil
- Equity Delivery – 0.20% or Rs 20 Per Order whichever is lower
- Equity Intraday – 0.02 % or Rs 20 Flat Per Order whichever is lower
- Future & Option – Rs 20 Flat Per Order
- Commodity – Rs 20 Flat Per Order
- Equity Delivery – Rs 325 Per Cr.
- Equity Intraday – Rs 325 Per Cr.
- Future – Rs 210 Per Cr.
- Option – Rs 5500 Per Cr.
- Currency Future – Rs 150 Per Cr
- Currency Options – Rs 4000 Per Cr.
- Commodity – Rs 260 Per Cr.
- Minimum Brokerage – Rs 20
- Call N Trade Charges – Rs 20 Per Order + GST
- Dp Slip Charges – Rs 25 Per Scrip
- Stamp Duty – Charges as per State Resident
Samco Margin / Exposures / Intraday Leverage
- Equity Intraday – Upto 20 Times
- Equity Delivery – 4X Delivery Leverage – Cash Plus
- Future – Upto 4 times with BO/CO Product ( Intraday ) and Margin Against Stock
- Option – Upto 4 times on Only Short Position with BO/CO Product ( Intraday )
- Currency Future – Upto2 times ( Intraday )
- Currency Option – Upto2 Times on Short Position with BO/CO ( Intraday )
- Commodity – Upto 3 Times ( Intraday ) with BO/CO
Samco Trading Platform
Its EXE Version of Windows. Samco used NSET Trading Platform
- Samco Web
Its HTML 5 platform. It will help you to provide facility to trade from web , mobile , table browser
- Samco Stocknote
SAMCO’s Mobile Application for iOS and Android. Full customized stock market experience. Its very easy tool for beginners.
- Samco Star
Samco back office tool to analyse trades, check account statements, withdraw funds, check holdings, pledge / unpledge holdings etc.
Customer Service & Support
- Online Customer Care support
- Email Support
- Branch Support – In Mumbai
Other Product and Services
- Delivery leverage – Cash Plus
- Knowledge base Video Tutorial
- Lowe Brokerage Rs 20 per Order or 0.02% whichever is lower
- 4 x Delivery Leverage Product – Cash Plus
- Stock Plus – Margin Against Stocks in Future Trading
- Provide Own Demat Account
- EASY to use Samco Stocknote
- No Branch Support
- Call n Trade Charges
- Average Customer Service
- GTC not available
Also Read: Compare Brokerage Companies in India