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
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Samco provides facility to pledge share to avail loan.
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A guest user who does not have Account with Samco, can experience Samco trading with Stock Note App
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Samco offers variety of technical tools for traders and investors.
Cons
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Samco provides only regular plans for Mutual Funds
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For loan against pledging shares Samco charge higher than peers.
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Samco charges extra for call and trade facility.
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NRI Trading and Free brokerage on delivery is not available.
Free Trading Call