How is SAMCO Securities?

About the Company:

SAMCO Ventures Pvt limited was incorporated in 2015 by acquiring Samruddhi Stock Brokers Limited and move to discount broker segment. The company has 3 subsidiary businesses -SAMCO Securities Limited (Discount broking and Depository Services), SAMCO Commodities Limited (Commodities Discount Broking) and SAMCO Capital Pvt Limited (Non- Banking Financial Services).

The SAMCO Securities Limited is registered broker with NSE, BSE and MCX-SX and DP of CDSL Depository. SAMCO Commodities Limited is a member of MCX.

Offerings

• The company offers low brokerage service in Equity Cash, Equity Intraday, Equity Derivatives, Currency Derivatives, Commodities @ Maximum Rs 20 per trade.
• Pledging of shares option available.
• The company offers funding up to 4x for delivery trades.
• High leverage up to 80x for NIFTY.
• Free online account opening.
• SAMCO Referral Program – 10% of referral benefit.

Tools and Platform

• Giga Trading Engine – Using an artificial intelligence approach
• Stock Note Mobile App
• Trigger Alerts and Smart Notifications
• Market Analysis on StockNote Feed
• Margin Calculator
• SAMCO Stock Caution Watchlist – What not to buy advise
• Cover Orders and Bracket Order for Equity, Index and MCX
• Advance Trading Terminal

Offer

• 100% brokerage cash back for the first month on the StockNote Trading Platform.

Customer Support

• Customer support available in trading hrs via phone, email, support tickets and Social Media platform.
• Video tutorials available 24*7 to learn how to trade with Samco.
• Beginners friendly support system.

With all points mentioned above, SAMCO is one of the strongest brand in the discount brokers in India. The company doesn’t have partner model or branch locations and operate from a centralized location in Mumbai. The company is more focused in technology driven approach and providing one of the best-in-class trading platform with multi-channel exchange connectivity with failsafe’s in place to ensure client is connected to market with 99.99% uptime. SAMCO is providing advance trading terminal, web-based and mobile app for Andriod and iOS users.

In the final conclusion, we will answer similar questions in this category –

Is SAMCO safe?

Yes, SAMCO is safe in terms of trading and for keeping your money. The company has a history of 3 decades combined with Samruddhi Stock Brokers Limited. The company is governed by SEBI, NSE, BSE and MCX, so no need to worry about your money as well as transactions.

Is SAMCO good for trading?

Yes, SAMCO is technology advance company and has competitive trading and analysis platform. The company also offers various analysis reports for better decision making. The new trading platform has all types of order like CNC, NRML, stop loss orders, cover orders, bracket orders, AMO and GTC available. Fund pay in and pay out is online, so you can deposit or withdraw money any time.

Is SAMCO good?

SAMCO is good for traders as well as for investors. For traders, the company is offering higher leverage, whereas for Investors, company is offering up to 4x money funding with Interest. As the company is offering discount broker service so brokerage is fix which is maximum Rs 20 per trade. The company offers brokerage calculator to do the up-front calculation of your profit/loss and breakeven point. Margin calculator is also provided by SAMCO to calculate your margin requirements in advance.

How is SAMCO trading?

SAMCO trading is good, secure, no hidden charges, fix brokerage, fast and technology driven brokerage company. The company offers margin funding and margin against shares, so you can use the credit facility.