Wish to Open a lifetime free online Trading Account ? No Catches Indeed!

Samco

Headquartered in Mumbai, SAMCO is the best online discount broker in India. Mr. Vipiul Modi is the chairperson and Mr. Jimeet Modi is the CEO of the SAMCO. It is offering flat free online trading at Rs.20/transaction. SAMCO proffers highly developed trading terminals, standardized limits, research & other value added services like Stock Data Bank. SAMCO is the foremost discount broker in India to presents additional research tools, ratings and data sets to assist client’s research stocks.

SAMCO is a technology determined business model with expertise at the forefront of its business operations. Its regular efforts and hallucination are to be the most excellent online discount broker in India and continuously make the fin-tech improvement to develop a client’s wealth creating and buying and selling understanding. In the process, it has made a clean, responsive and energetic customer-centric organization with small overhead costs (like as branches, costly relationship managers(RM) etc which permits to operate at low costs and be lucrative even by presenting these fewer brokerage costs. Also one of the main costs for a traditional full-service broker is commission expenses that are paid to mediators like Authorised Person or Sub-Brokers. In a progressively online world, access to the markets for clients is currently direct and this direct access has permitted to abolish the intermediation expenses of presenting these services and totally pass on the advantage to the client.

 

Samco Account Opening Cost

Accounts Opening Cost

  • Trading Account Opening Charges – NIL
  • Trading Annual Maintenance Charges – Rs. 400
  • Demat Account Opening Charges – NIL
  • Demat Account AMC – NIL

 

Samco Brokerage Charges

Brokerage Charges

Account TypeBasic Brokerage Plan
Equity Delivery BrokerageRs 20/executed order or 0.02% whichever is lower
Equity Intraday BrokerageRs 20/executed order or 0.02% whichever is lower
Equity Futures BrokerageRs 20/executed order or 0.02% whichever is lower
Equity Options BrokerageRs 20/executed order or 0.02% whichever is lower
Currency Futures Trading BrokerageRs 20/executed order or 0.02% whichever is lower
Currency Options Trading BrokerageRs 20/executed order or 0.02% whichever is lower

 

Samco Transaction Charges

Transaction Charges

Equity Delivery0.00325% on Turnover
Equity Intraday0.0021% on Contract Turnover
Equity Futures0.053% on Premium Turnover
Equity Options0.0031% on Contract turnover
Currency FuturesTrading: 0, Demat: Rs 300
Currency OptionsRs 25 or 0.02% whichever is higher
CommodityRs 20 per executed order

 

Samco Margin/Exposure

Margin/Exposure

Equity DeliveryNo leverage for delivery
Equity IntradayUpto 15 times for Intraday,
Equity FuturesUpto 2.5 times for intrada
Equity OptionsBuying no leverage, Shorting up to 2.5 times for intraday
Currency FuturesUpto 2.5 times for intraday
Currency OptionsBuying no leverage, Shorting up to 2.5 times for intraday.
CommodityUpto 2 times for intraday

 

Samco Trading Platform

Trading Platform

  • Online Trading Platform – SAMCO Trader
  • Web Trading Platform – SAMCO Trade Xpress
  • Mobile Trading – SAMCO Mobile

 

Samco Benefits

Benefits With SAMCO

  • Best Brokerage Services
  • Outstanding Phone Trading facility
  • Paramount Service with Payouts & every done pretty much within time limit
  • Daily trading confirmation calls
  • Email Support Facility
  • Live Chat Facility

Samco Cons

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