Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and Rank MF app to invest in expert-recommended stocks and mutual funds.
SAMCO Securities ventured in 2015, is an online discount broker mainly popular for its flat discount brokerage pricing model, sophisticated technology trading platforms, and unique margin products.
SAMCO is a member of BSE, NSE, and MCX and offers online trading at the ultra-low brokerage of a lower of Rs. 20/order or 0.20% brokerage charges on delivery trading and a lower of Rs. 20/order or 0.02% on equity intraday, equity derivatives, commodities, and currency segment. Open a Free SAMCO Demat & Trading account now and trade online at Max Rs. 20 per order brokerage.
The discount broker understands what traders and investors need and offers them a GIGA Trading Engine powered SAMCO new-gen trading App and Web trading platform with advanced analytics and speedy order execution. It also offers the Nest Trader Desktop Trading Software, recommended for highly active or frequent traders.
SAMCO provides stocks and mutual fund research on Giga engine-powered StockBasket and RankMF platforms. The StockBasket platform analyses & rates stocks on multiple parameters and helps you to invest in an expert-recommended basket of stocks. RankMF is its mutual fund investment platform to provide investors with a complete insight into mutual fund ratings, rankings, and recommendations. You can also get real-time trading & investing ideas on the KyaTrade.
It also has unique & powerful margin or leverage products like CashPlus, StockPlus, and BTPT that offer margin on delivery and margin against shares with Zero trading balance. Check out more details about the SAMCO Review 2023 including account opening charges, brokerage charges, SAMCO trading platforms, and customer care number.
Current promotion offer from SAMCO for InvestorGain Visitors:
SAMCO has a simple yet competitive Rs. 20 flat brokerage plan that charges a maximum of Rs. 20 per order brokerage fee irrespective of transaction size. However, unlike Zerodha one of the best discount broker, SAMCO does not offer a free delivery trading facility to clients.
|Trading Account Opening Charges:||Free|
|Trading Account AMC:||Free|
|Demat Account Opening Charges:||Free|
|Demat Account AMC:||Rs 400 PA (Free for 1st year)|
Here we are comparing SAMCO with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Discount Broker||Discount Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||Rs 20||Rs 20||Rs 20||Rs 20||Rs 20|
|Account Type||2 in 1||2 in 1||3 in 1||3 in 1||2 in 1|
|Equity Delivery||0.5% or Rs 20 whichever is lower||Flat Fee Rs 20||Free||2.5% or Rs 20 whichever is lower||2.5% or Rs 20 whichever is lower|
|Equity Intraday||0.05% or Rs 20 whichever is lower||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 20||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity||0.05% or Rs 20 whichever is lower||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
|Currency Futures||0.05% or Rs 20 whichever is lower||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||NA|
|Currency Options||0.05% or Rs 20 whichever is lower||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
For complete brokerage charges and trading plans detail please visit SAMCO Brokerage Charges.
Please refer unique and accurate SAMCO Brokerage Calculator
Indian citizens can open a 2-in-1 account (Trading & Demat Account) with SAMCO to trade or invest online in a seamless manner on the best online platforms.
SAMCO is a CDSL depository participant to provides SAMCO Demat account opening services to clients. Indian residents can open a free SAMCO Trading & Demat account online at zero account opening fee. SAMCO 2-in-1 account is an integrated account for equity and commodity trading and allows you to trade on BSE, NSE, and MCX at Rs. 20/order flat brokerage charges.
SAMCO has the best commodity trading platform with flat Rs. 20 commodity futures & options brokerage fee, and user-friendly & high-speed commodity trading app, web, and desktop trading software.
As said earlier, SAMCO maintains a single account for equity as well as commodity trading, thus, all you need to ensure is having an activated MCX trading segment. If you are an existing user with SAMCO Equity Trading Account only, you have to activate the MCX segment by submitting the income proof on the SAMCO Star Back-office platform.
Once you open a Demat account with SAMCO, you will have free access to its flagship mutual fund investment platform, RankMF. A Free SAMCO Mutual Fund Account enables you to invest in over 3,000 regular mutual fund schemes. You can either start a SIP or invest a sum of money in one go. You can also invest in expert-recommended mutual fund schemes to earn better returns.
Open SAMCO Trading & Demat Account online instantly within 15 minutesand gets your account activated within 24-48 hours.
SAMCO offers a proprietary Giga Trading Engine-powered trading platform in mobile app and web versions. It also has installable Nest Trader terminal for high frequency traders.
SAMCO has launched a technology-centered new-gen mobile trading app for trading on BSE, NSE, and MCX. The new-gen SAMCO app has power-packed features like personal Index, net worth tracker, advanced watchlists to track open interest activity, advanced option trading data, star fund manager comparison, peer comparison, power inbox and personalized feed, news feed, stock SIP, and a lot more incredible features. It also has TradingView and ChartIQ advanced charting tools with over 100 technical indicators.
Samco Mobile app is powered by Giga trading engine to process millions of data into actionable stock market insights. SAMCO app is the only stock trading app powered by MyDEX technology that shows true stock market performance.
Download the SAMCO trading app on your Android smartphones or iOS lovers can get the app from the App store.
If you prefer to trade on the web, SAMCO has a browser-compatible trading website. SAMCO has a user-friendly web platform to trade or invest on BSE, NSE, MCX, and NCDEX. The trading website has all the required features from watchlist creation to charts, live streaming data quotes, alerts, news feeds, and a lot more features.
Simply log in to the SAMCO web platform using your SAMCO demat account credentials and place buy and sell orders in different segments.
Nest Trader is installable desktop trading software or trading terminal that comes at a blazing speed. The most advanced, reliable, and ultra-speed NEST desktop platform is compatible across all Windows devices. Quick order execution at a faster speed, powerful charting, organizing multiple charts on a single screen, multiple watchlists, multiple monitors, and customizable interface (layout, colors, fonts, etc.) provides you an unexceptional trading experience on BSE, NSE, and MCX.
RankMF is a dedicated mutual fund investment platform by SAMCO available in mobile app and web versions. It is not only a platform for DIY investors but also provides top-rated schemes by experts. You can start a SIP or invest via the lumpsum route in the best mutual fund scheme with SAMCO.
StockBasket is a mini portfolio investment portfolio where experts recommend you a basket of stocks to help investors to invest in the top quality stocks for wealth creation.
Get an extensive overview of all your trading activities on the SAMCO Star back-office platform. SAMCO back-office provides valuable insights with detailed trade reports, portfolio summaries, ledger, and P&L statements. You can also withdraw funds easily at the click of a button and apply for IPOs using UPI with SAMCO Star.
For detail review of mobile app and download please visit SAMCO Trading Platform Review.
SAMCO offers online customer support via customer helpline number or writing a mail to the support desk or by raising an online ticket. The broker does not have branches anywhere therefore, offline support is not available.
Open a free account online with SAMCO to start trading at the low brokerage fee of Rs. 20/order on the speedy and reliable new-gen trading app, and Nest Trader trading platforms, and get good margins. Traders and investors can also get expert-recommended portfolios or baskets of stocks on StockBasket and mutual funds research on the RankMF platform.
Last updated on: 2023-09-15
There are no minimum balance requirements from SAMCO. You can fund your account as and when you wish to buy shares. Depend on your margin money, you can buy scripts. You can keep your trading account balance zero.
Yes. SAMCO is a SEBI and Exchange Registered Broker. The Registration Numbers are as follows :
Yes, SAMCO is one of its kinds of discount brokers which is safe for traders as well as investors. It offers multiple leverage products to traders where they can get up to 4X margin on interest. The company is a discount broker that has a fixed brokerage of Rs 20 per trade or 0.5% (whichever is lower). SAMCO is governed by SEBI, NSE, BSE, and MCX, so no need to worry about your money as well as transactions.
CDSL is the depository participant of SAMCO. Its depository number is IN-DP-CDSL-443-2008. A Demat account opened with a DP along with other facilities that help them invest and/or trade efficiently.
Yes. SAMCO offers to invest in regular mutual funds through Rank MF app and web. The investments in mutual funds through Samco can be performed free of cost. One can invest in various schemes offered by different AMCs. It also helps in identifying the best mutual funds to investors to add in their portfolio according to their financial goals.
SAMCO offers free trading and demat account opening. But charges Rs 20 or 0.2% (whichever is lower) per executed order as brokerage on all the trades in Intraday and F&O across Equity, Currency, and Commodity segments.
As the name suggests, stop-loss orders are placed to stop a loss. For example, if you wish to sell a scrip which is currently trading at Rs 110 only if its price goes below 105.
There are two types of stop-loss orders:
In Case 1, if you have a buy position, then you will keep a sell SL
In Case 2, if you have a sell position, then you will keep a buy SL
To continue with the above example, in a stop-loss limit order, if one wishes to sell the security only till 100 after it falls below 105, then along with the trigger price of Rs. 105, the limit trade price of Rs 100 would also have to be entered.
In the Stop Loss-M order, you will place a Buy SL-M order with trigger price = 105. Here, when the price of 105 is triggered, a buy market order will be sent to the exchange and your position will be squared off at market price.
There are multiple ways to transfer funds into the SAMCO account. These are:
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