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Samco Review | Brokerage Charges, Account Opening
Samco Track Record Of Best Online Stock Broker In India
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3.5
Company Rating
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3500+
Cities Covered
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30K+
Orders Per Day
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29K Crore
Daily Turnover
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75000+
Our Client Base
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3.9
Mobile App Rating
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3.5
Company Rating
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3500+
Cities Covered
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30K+
Orders Per Day
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29K Crore
Daily Turnover
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75000+
Our Client Base
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3.9
Mobile App Rating
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Tradingo
Samco Account Opening Enquiry
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Best Margin
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Zero Brokerage.
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24*7 Customer Support.
Fastest mobile support
Open Instant Online Account
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Samco Review | Brokerage Charges, Account Opening
Incorporated in 2015, Samco is a Mumbai based stockbroker of India that took over Samruddhi Stock Brokers Limited and renamed it to Samco Securities Limited. Founded by Mr. Jimeet Modi, Samco is one of the fastest growing stockbrokers of India. Samco is a SEBI registered company and a proud member of BSE, NSE, NCDEX and MCX. It offers a wide range of flexible products and services that’s why Samco has been rewarded by CNBC-Awaaz in 2019 as ‘ India’s Best Equity Broking House’. Samco discount brokers is one of the biggest of India and depositary participant of CDSL. It provides the facility to invest in equity, currency, debentures, bonds, ETFs, commodity and F&O on its platform.
Samco charges very minimum brokerage of flat Rs. 20 per executed order without any hidden charges and conditions. Samco is an online digital platform known for its lowest brokerage, demat account, flexible products, margin funding, higher exposure and free trading software. Samco charges Rs.0 on demat/trading account opening with free annual maintenance on demat account. Samco offers highest leverage up to 15x on more than 500 stocks available on its platform.
Samco Securities Brokerage Charges
Samco Securities charges brokerage @flat Rs.20 per executed order on buying and selling of shares. Brokerage charges are very flexible without any hidden charges.
Segment | Brokerage |
Equity Delivery | Rs.20 or 0.20% per trade whichever is lower |
Equity Intraday | Rs.20 or 0.20% per trade whichever is lower |
Equity Futures | Rs.20 or 0.20% per trade whichever is lower |
Equity Options | Rs.20 or 0.20% per trade whichever is lower |
Currency Futures | Rs.20 or 0.20% per trade whichever is lower |
Currency Options | Rs.20 or 0.20% per trade whichever is lower |
Commodity | Rs.20 or 0.20% per trade whichever is lower |
Samco Securities Account Opening Charges
Samco is fully dedicated to provide you extraordinary services in affordable price. You can open demat and trading account on Samco Securities without paying any charges.
Type of Account | Charges |
Demat Account | Rs.0 (Free) |
Trading Account | Rs.0 (Free) |
Demat Account AMC | Rs.400/year |
Trading Account AMC | Rs.0 (Free) |
Samco Securities Brokerage Charges for Equity Cash & Intraday
Type of Charges | Equity Delivery | Equity Intraday |
Brokerage | Rs.20 or 0.02% whichever is lower. | 0.02% of gross turnover or Rs.20 per executed order whichever is lower. |
STT | 0.1% on both buy & sell | 0.025% on the sell side |
Transaction Charges | NSE- Rs.325/crore I BSE- Rs.1/trade (each side) | NSE- Rs.325/crore I BSE- Rs.1/trade (each side) |
GST | 18% (Brokerage+Transaction charges) | 18% (Brokerage+Transaction charges) |
SEBI Charges | Rs.5 per crore | Rs.5 per crore |
Stamp Charges | Depends on state | Depends on state |
Samco Securities Brokerage Charges for Equity Derivatives
Type of Charges | Futures | Options |
Brokerage | Rs.20 or 0.02% whichever is lower. | 0.02% of gross turnover or Rs.20 per executed order whichever is lower. |
STT | 0.01% on sell side | 0.05% on sell side (On premium). |
Transaction Charges | NSE- Rs.190/crore I BSE- Rs.1/trade (each side) | NSE- Rs.7500/crore I BSE- Rs.1/trade (each side) (On premium) |
GST | 18% (Brokerage+Transaction charges) | 18% (Brokerage+Transaction charges) |
SEBI Charges | Rs.5 per crore | Rs.5 per crore |
Stamp Charges | Depends on state | Depends on state |
Samco Securities Brokerage Charges for Currency Segment
Type of Charges | Currency Futures | Currency Options |
Brokerage | Rs.20 or 0.02% whichever is lower. | 0.02% of gross turnover or Rs.20 per executed order whichever is lower. |
STT | No STT | No STT |
Transaction Charges | NSE- Rs.110/crore (0.0011%) | NSE- Rs.4000 (on premium ) per crore (0.04%) |
GST | 18% (Brokerage+Transaction charges) | 18% (Brokerage+Transaction charges) |
SEBI Charges | Rs.5 per crore | Rs.5 per crore |
Stamp Charges | Depends on state | Depends on state |
Samco Securities Brokerage Charges for Commodity Segment
Type of Charges | Commodity |
Brokerage | Rs.20 or 0.02% whichever is lower. |
STT | 0.01% on sell side (Non Agri). |
Transaction Charges | Non-Agri Rs.260 (0.0026%) I Agri Rs.175 per crore (0.00175%) |
GST | 18% (Brokerage+Transaction charges) |
SEBI Charges | Rs.5 per crore |
Stamp Charges | Depends on state |
Samco Securities Ltd Margin Products
Samco’s philosophy is to provide you every best service in affordable price. There are 3 types of margin/exposure products offered by Samco Securities Ltd which are as follows:
1. Cashplus- This unique facility allows its investors up to 4x equity delivery leverage on more than 300 stocks at an interest rate of 0.05% per day. For example, if you have Rs.50,000 in your account then with the help of Cashplus facility, you can buy shares of worth Rs. 200,000.
2. Stockplus- This facility provides margin against shares for intraday or delivery trades. Investors can use holdings of their demat account to get the margin. Stockplus facility allows you to trade with Rs.0 balance in your trading account.
3. Instaplus- This facility is available for the equity derivative segment and currency derivative segment. Investors get the margin against the shares which they trade during a day.
Samco Securities Trading Software
Samco Securities offers free online trading software to their clients. One can trade from any place across India.
1. Samco Trader (Omnesys Nest Trader)- Samco trader is a desktop-based trading terminal. Omnesys Nest Trader is a NSE software which is revamped and upgraded for Samco. You can easily download and install it in your computer. There are many unique features available at Samco Nest Trader software such as watchlist, snap quote facility, cover & bracket order facility etc.
2. Samco Stocknote (Mobile Trading App)- Samco stocknote is a mobile application for trading at BSE, NSE and MCX. It is available in Google play store and App store for android and IOS users respectively. Samco stocknote contains a wide range of features such as market news, alerts, streaming quotes, charts etc.
3. Samco Web Xpress (website)- Samco Web Xpress is a browser-based trading website which is accessible from any operating system. Samco Web Xpress has every feature by which any trader can easily understand and invest in the market such as market watch, charting, bracket order, cover order and much more.
4. Samco Star- Samco star is a back-office website by which you can check account statements, market analysis, fund management, demat account holding and much more.
Advantages and Disadvantages of Samco Securities
Advantages
Samco Securities is full of advanced features and has many advantages. Some of the advantages are as follows:
• Variety of Margin products available for traders.
• Instant and 100% paperless account opening.
• User-friendly trading platforms.
• Zero charges on demat account opening.
• Free trading platforms.
• Brokerage charges @flat Rs. 20 per executed order.
• 15x leverage in over 500+ stocks for Equity Intraday trading.
• Availability of bracket order and cover order to manage risk.
• Trade from any place all over the India.
Disadvantages
• Branches are not available for local support.
• High pledge demat charges.
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Frequently Asked Question
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.