Samco Consumer Complaints

 
 
 
 
 

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Samco Consumer Complaints

SAMCO is the popular brand in the field of stockbroker in India. Incorporated in 2015 as SAMCO Ventures Private limited as a SEBI registered firm to provide investment and stock trading services across India after acquiring Samruddhi Stock Brokers Limited and renamed it as SAMCO Securities. It is a leading stockbroker who provides investment and trading services in different segments such as equity, derivative, commodity, mutual fund and IPO. SAMCO charges very minimum brokerage @flat Rs.20 per executed order for all segments. SAMCO provides demat services through its membership as a Depositary participant with CDSL.
SAMCO is advancing their services and always dedicated to provide you unmatched trading experience in affordable brokerages. SAMCO charges Rs.0 for account opening as well as offer free trading software and tools so that you can analyse market and current trend which will help you in enhancing your financial statements.

Complaint against SAMCO

Different people with different mindset across India faces various problem while trading such as fund related problem, order, demat/trading account etc. Customers used to register those complaints in the BSE and NSE. Such complaints are serious grievances against SAMCO broker which the broker has failed to resolve. This complaint data is provided by BSE and NSE which shows the health and services of any broker.
These complaint report also provides the total no of active customers of SAMCO as well as it shows the growth of the broker year on year.


SAMCO Consumer Complaints

Financial Year

Exchange

Number of Clients

Total Complaints

Percentage

2020-21

BSE

12,440

2

0.02%

NSE

72,750

65

0.09%

2019-20

BSE

12,402

2

0.02%

NSE

51,472

43

0.08%

2018-19

BSE

8,203

2

0.02%

NSE

38,924

23

0.05%

2017-18

BSE

11,916

2

0.02%

NSE

29,607

27

0.09%

2016-17

BSE

5,447

4

0.07%

NSE

18,183

22

0.12%

 

   

SAMCO complaint at NSE

Entity

2020-21

2019-20

Defaulter

No

No

Number of active clients

72,750

51,472

Number of complaints received

65

43

Resolved through the exchange

55

22

Non-actionable

6

2

Advised/Opted for arbitration

1

0

Pending for redressal with exchange

2

9

%of complaints against active customers

0.09%

0.08%

%of complaints resolved against received

96.98%

78.02%

 

SAMCO Complaint at BSE

Entity

2020-21

2019-20

Defaulter

No

No

Number of active clients

12,440

12,402

Number of complaints received

2

2

Resolved through the exchange

2

2

Non-actionable

0

0

Advised/Opted for arbitration

0

0

Pending for redressal with exchange

0

0

%of complaints against active customers

0.02%

0.02%

%of complaints resolved against received

100%

100%



Frequently Asked Questions


No, Samco Securities does not provide the facility to invest in US stocks. So, it is not possible to invest in Amazon through Samco.
One person with one identity can open only one demat account.
Samco Securities is CDSL participant.
Samco Securities has a wide range of advance tool for charting, trading and technical analysis. This platform is integrated with the latest technology which is secure, reliable and user friendly.
No, Samco 3 in 1 account service does not provide.
Yes, it is safe, reliable and trustworthy stockbroker. This broker is professionally well managed and listed at BSE, NSE and MCX.
Yes, Samco Securities offers different margin funds in different segments. This leverage facility is very beneficial for the investors.
As you’re younger than the maturity age (18 or 21), you need to open a custodial account, with an adult as the custodian. Pan card is must to open your demat and trading account.
No, you don’t need to fill the KYC details again if you have already registered in Samco Securities.
Yes, you can invest in upcoming IPOs on Samco Securities.
This is totally free, you don’t need to pay single penny to open your demat as well as trading account on Samco Securities.
Samco Securities is a digital platform which is fully secure, reliable and user-friendly. There are not any hidden charges associated to invest on Samco Securities.

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