Samco
Discount Broker
About Broker
SAMCO is a discount broker that offers trading platforms and investment services for various segments. Additionally, it provides margin funding and loans aagainst shares. As of March 2024, SAMCO has an active client base of 89,861.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage 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
Freeaccount maintenance
₹400call trade
₹20Brokerage
equity delivery
0.50% on order valueequity intraday
0.05% on order valueequity futures
₹20equity options
₹20currency futures
₹20 per ordercurrency options
₹20 per ordercommodity futures
₹20 on order valuecommodity options
₹20 per orderMargins
Equity Delivery
4x As per exchangeEquity Intraday
15x As per exchangeEquity Futures
0x As per exchangeEquity Options
20x As per exchangeCurrency Futures
0x As per exchangeCurrency Options
0x As per exchangeCommodity Futures
0x As per exchangeCommodity Options
0x As per exchangePlatforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
Customers have the option to pledge shares in their Demat account for additional margin.
Access market insights, recommendations, and more from an expert equity research team.
Utilize the Caution Watchlist feature to facilitate the selection of appropriate stocks.
Enjoy a 100% brokerage cashback on all orders during the first month.
Disadvantages of this broker that it needs to improve upon.
The platform offers only Regular plans for Mutual Fund investments.
High charges apply for Pledge/Closure/Invocation in Demat accounts.
An additional fee is charged for call & trade services.
The facility for NRI trading accounts is not provided.
There is no provision for free delivery brokerage.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00100%
NSE:
clearing charges
--
dp charges
Sell-side, ₹ 18.5
gst
18% on Brokerage + Transaction
stt
₹ 100 per Lacs
sebi charges
₹ 15/Crore
transaction charges
BSE: 0.00100%
NSE:
clearing charges
--
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, ₹25 per Lacs
sebi charges
₹ 15/Crore
transaction charges
BSE: 0.001%
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, ₹10 per Lacs
sebi charges
₹ 15/Crore
transaction charges
BSE: ₹ 1 per Lacs - BSE
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
sell side, ₹50 per Lacs
sebi charges
₹ 15/Crore
