The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
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.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 400Call & Trade Charges
₹ 20Equity Delivery Brokerage
0.5%Equity Intraday Brokerage
0.05%Equity Futures Brokerage
₹ 20Equity Options Brokerage
₹ 20Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Equity Delivery Margin
4xEquity Intraday Margin
15xEquity Futures Margin
0xEquity Options Margin
20xCurrency Futures Margin
0xCurrency Options Margin
0xCommodity Futures Margin
0xCommodity Options Margin
0xSet 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.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Samco provides its diverse client base with innovative solutions and products for both trading and investing with a 3-in-1 accounting facility that enables transactions in Demat, Mutual Funds and Trading without the hassle of switching platforms. It also helps to trade and invest with a customisable personal index and multiple extension tools such as KyaTrade, Rank MF, and more.
Samco offers multiple tools and features to ease the trading experience and aid informed decision-making while investing.
Nest Trader provides a reliable trading experience with the ease of streaming market data with low latency as well as 99% up-time. Its key features are as follows:
Rank MF
RankMF offers traders the ease of building a quality portfolio backed by expert advice. It includes various factors like expense ratios, cash ratios, Beta, standard deviations and market evaluations. Its key features are:
KyaTrade
Samco’s KyaTrade offers real-time investing trading ideas and an inbuilt risk management that helps stop loss and targets generated with a favourable risk-reward ratio. Its features include:
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
Transaction Charges |
₹ 3.25 per Lacs - NSE |
₹ 3.25 per Lacs - NSE |
₹ 1.90 per Lacs - NSE |
₹ 50 per Lacs - NSE |
CM Charges |
- |
- |
₹ 0.25 per Lacs - NSE |
₹ 0.75 per Lacs - NSE |
GST |
18% on Brokerage + Transaction + CM Charges |
18% on Brokerage + Transaction + CM Charges |
18% on Brokerage + Transaction + CM Charges |
18% on Brokerage + Transaction + CM Charges |
STT |
₹ 100 per Lacs |
Sell-side, ₹ 25 per Lacs |
0.02%
|
0.1% |
SEBI Charges |
₹ 0.15 per Lacs |
₹ 0.15 per Lacs |
₹ 0.15 per Lacs |
₹ 0.15 per Lacs |
CHARGES |
FUTURES |
Transaction Charges |
MCX - Non Agri - ₹ 2.6 per Lacs ; Agri - ₹ 1.75 per Lacs |
CM Charges |
Self-clearing Member in the MCX. |
GST |
18% on Brokerage + Transaction + CM Charges |
CTT |
Sell-side, ₹ 10 per Lacs on Non-Agri |
SEBI Charges |
₹ 0.15 per Lacs |
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
₹ 1.10 per Lacs - NSE |
₹ 40 per Lacs - NSE |
CM Charges |
₹ 0.25 per Lacs - NSE |
₹ 7.5 per Lacs - NSE |
GST |
18% on Brokerage + Transaction + CM Charges |
18% on Brokerage + Transaction + CM Charges |
STT |
Nil |
Nil |
IPF |
0.000050% |
0.002000% |
SEBI Charges |
₹ 0.15 per Lacs |
₹ 0.15 per Lacs |
Company name:
Samco Securities LtdContact:
022-2222 7777, 022-4503-0450Email:
support@samco.inActive Users:
93,367Overall Rating
3.7Based on 3 reviews
Review Analytics
Platform 1 votes
Charges 0 votes
Transparency 0 votes
Features 0 votes
Customer Support 1 votes
alok kumar
(5)Posted on 23 Jan 2021
My experience is best ,no problem face with samco. Ipo apply with samco is more easy.
mudit jain
(1)Posted on 25 Dec 2020
Customer support is worst.
ashok kumar
(5)Posted on 19 Dec 2020
Good
Samco Securities is a subsidiary company of SAMCO Ventures Pvt Ltd, incorporated in 2015 after the acquisition of Samruddhi stock brokers limited; it moved to the discount segment after the acquisition.
It is a DP of CDSL and is also known to offer one of the lowest brokerage charges. Samco also has a Giga trading engine, a Samco proprietary that analyses patterns, trends, and opportunities.
SAMCO Brokerage is a Mumbai based fintech company established in 2015. It has the approval of SEBI and CDSL. It offers to trade in various exchanges like NSE, BSE, MCX, MSEI, AND NCDEX. It is an economic stockbroker known for its lowest-cost brokerage, margin products, higher exposure, and free trading software. It gives an edge to its customers by saving 60% in commission and taxes. So, considering all the above factors, there is no need of worrying about your money or transactions.
There are 3 ways by which you can transfer funds to the SAMCO account
Deposits via Cheque in favour of “Samco Securities limited” or “Samco Commodities limited”, (when you have to trade in commodities), takes, 3-4 days.
Instant Fund Transfer via Payment Gateway (per transaction Rs. 6 + GST).
Fund Transfer via NEFT and RTGS (takes 3-4 hours).
Here are the following steps which will guide you use Samco mobile trading app:
Open play store or app store and search SAMCO and download the app
Enter your User ID, password and click on sign in
You can add Equity scrips, Derivatives, Currencies and Commodity Scrips in the market watch
Once the stock is added in Market Watch, select the Buy option in order to open Buy order window
Select the Product Type from the List (CO, MIS, NRML, CNC)
Select the Order Type (Market, Limit, SL-L, SL-M)
Enter the Qty and Price in the options provided
Click on submit to Place the Order.
If you want to place sell order - Click on Sell option in order to open Sell order window
Select the Product Type from the List (CO, MIS, NRML, CNC)
Select the Order Type (Market, Limit, SL-L, SL-M)
Enter the Qty and Price in the options provided
Click on submit to Place the Order.
In order to sell the position, sell order product type selected should be matched with the available position product type.
Following are the steps to open an Samco account :
Click on open an account button.
Fill in the registration form.
Set your new password and confirm.
Enter your PAN info and your date of birth
Fill your personal details like – name, gender, income etc.
Enter your residential address as per your address proof.
Enter the bank details that you wish to register with your trading & demat account.
Choose the segment/ instruments in which you wish to operate.
Upload the mandatory documents where required
Review your submitted details and digitally sign your trading/ demat account application.
Next process will be your ‘in-person verification’ and that’s it.
You have successfully registered for a trading and demat account with Samco. To complete the entire account setup, you need to submit a signed copy of the POA (Power of Attorney) in order to sell your shareholdings in Samco.
To know step by step process click here
Following are the steps to close SAMCO Account:
Clear all the pending dues, sell all your holdings, transfer your funds into your bank account.
Call SAMCO helpdesk to send you an account closure form via email.
Fill the account closure form, sign it and send it to the SAMCO Corporate office.
On receiving the closure request form, the CRM team will do the required paperwork in 7 days (Maximum time for account closure confirmation is 15 days).
Jimeet Modi is the Founder & CEO of SAMCO Ventures Pvt. Limited. he has over 12 years of experience in the capital markets.
Samco has free account opening and also has zero AMC for the first year. Following the first year, the AMC is ? 400.