SAMCO is a discounted broker offering trading platforms and investment services for different segments. It also provides margin funding and loan against share. It has an active client base of 73,284 till September 2022.



Discount Broker
      
Depository: CDSL


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

 Equity                

 Commodity               

 Currency               

 Futures               

 Options               





Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.



CHARGES

Account Opening Charge
Free
Account Maintenance Charge
₹400
Call & Trade Charges
₹20



BROKERAGE

Equity Delivery Brokerage
0.2%
Equity Intraday Brokerage
0.02%
Equity Futures Brokerage
₹20
Equity Options Brokerage
₹20
Currency Futures Brokerage
₹20
Currency Options Brokerage
₹20
Commodity Futures Brokerage
₹20
Commodity Options Brokerage
₹20



MARGINS

Equity Delivery Margin
4x
Equity Intraday Margin
15x
Equity Futures Margin
0x
Equity Options Margin
20x
Currency Futures Margin
0x
Currency Options Margin
0x
Commodity Futures Margin
0x
Commodity Options Margin
0x


Samco Brokage Calculator





Advantages

1.Customers can pledge shares in their Demat account for extra margin.

2.A Guest user who does not have an account with SAMCO can use Stock-Note mobile trading app.

3.Offers online pledging and un-pledging of stocks.Provides many tech-based tools for both traders and investors to maximize profits and minimize risks.



Disadvantages

1.They provide only Regular plans on Mutual Fund investment.

2.Charges are high on Pledge/Closure/Invocation Demat.They charge an extra fee for call & trade.

3.NRI trading account facility is not available.

4.Free delivery on brokerage is not available.


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