Samco

Samco is a wellknown discount broker in India. It offers trading and investing services along with margin trading and loan against share pledge.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity     

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

Samco Desktop Trading Platform

StockNote Web

RankMF

 

Charges

Account Opening Charges – Free

Account Maintenance Charges – ₹400

Call and Trade – ₹20

Brokerage Charges

Equity Delivery  – 0.2%

Equity Intraday – 0.02%

Equity Futures – ₹20

Equity Options – ₹20

Currency Futures – ₹20

Currency Options – ₹20

Commodity Futures – ₹20

Commodity Options – ₹20

Margins

Equity Delivery  – 4x

Equity Intraday – 15x

Equity Futures – 0x

Equity Options – 20x

Currency Futures – 0x

Currency Options – 0x

Commodity Futures – 0x

Commodity Options – 0x

Pros

  • Samco provides facility to pledge share to avail loan.
  • A guest user who does not have Account with Samco, can experience Samco trading with Stock Note App
  • Samco offers variety of technical tools for traders and investors.

Cons

  • Samco provides only regular plans for Mutual Funds
  • For loan against pledging shares Samco charge higher than peers.
  • Samco charges extra for call and trade facility.
  • NRI Trading and Free brokerage on delivery is not available. 

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance