What is the cost of stock trading with SAMCO?

SAMCO one of the reliable discount broker focus on customer centric approach. The company is appropriate for both traders and Investors. SAMCO is providing a trading facility in Equity Delivery, Intraday, Derivatives, Currency and Commodity With the maximum brokerage of Rs 20 per executed order. The company offers Mutual fund service and also have NBFC license for the margin funding facility.

We have provided a brokerage Calculator for SAMCO where you can find 100% match of your breakeven point.

This is very commonly asked question by new investors and traders. Cost of trading with SAMCO or SAMCO charges is divided into three sections.

• Charges by the Broker
• Charges by the Exchange or SEBI or other taxes
• SAMCO Account Opening Charges
• SAMCO Yearly Charges or SAMCO DP Charges

Let's discuss both the points in more details.

SAMCO total charges

SAMCO as a stockbroker charges

• Equity Intraday - Rs 10 + 18% GST
• Equity Delivery - Rs 10 + 18% GST
• Equity Future - Rs 10 + 18% GST
• Equity Options - Rs 10 + 18% GST
• Currency Derivatives - Rs 10 + 18% GST

Charges by exchange or SEBI or taxes

• Security Transaction Tax (STT) – This is the tax which one needs to pay for buying or selling of securities.
• Equity Delivery - 0.1% on both Buy and Sell
• Equity Intraday - 0.025% on the Sell Side
• Equity Futures - 0.01% on Sell Side
• Equity Options - 0.05% on Sell Side(on Premium)
• Currency Futures - No STT
• Currency Options - No STT
• Commodity Futures - 0.01% on Sell Side (Non-Agri)
• Commodity Options - 0.05% on Sell Side
• SEBI Charges – These charges go to SEBI for any buy or sell of scripts.
• Rs 15 Per Cr
• Transaction Charges – This is the charges levied by a stock exchange like NSE, BSE, and MCX for trade execute through them. This is also known as Turnover Charges or Exchange Transaction Charges.
• Equity Delivery – 325 Per Cr (NSE) + 18% GST
• Equity Intraday – 325 Per Cr (NSE) + 18% GST
• Equity Futures – 210 Per Cr (NSE) + 18% GST
• Equity Options – 5300 Per Cr (NSE) + 18% GST
• Currency Futures – 135 Per Cr (NSE) + 18% GST
• Currency Options – 4400 Per Cr (NSE) + 18% GST
• STAMP Duty – This is a state government tax and it depends on broker operation as well as your residence state. You can find accurate Stamp Duty on our brokerage calculator by selecting your state of residence.

So your total charges will be the sum of brokerage + STT + SEBI Charges + Transaction Charges + STAMP Duty. GST is charged only on brokerage and Transaction Charges.

SAMCO Account Opening Charges

• SAMCO Trading Account Opening Charges (All - in - one (Demat, Trading & Mutual Fund A/c)) : Free

SAMCO demat and trading account charges/ SAMCO demat account charges/SAMCO amc charges

• SAMCO Demat Account AMC – Rs 400 + GST – This is SAMOC Yearly Charges and Need to pay every year for Demat account maintenance (AMC).

To open a trading and demat account with SAMCO, you don’t need to pay any charges, it’s completely free. SAMCO offers free trading with its mobile app for the first month or complete reversal of your brokerage offer for 30 days.

Now let's see your charges by each segment in tabular format:

Other question related to cost of trading:

What are the brokerage charges for BTST orders with SAMCO?

BTST orders are bought today and sell tomorrow, as you are buying and holding shares overnight and selling on the next day, they are considered as delivery orders. You need 100% margin for such orders. The brokerage for BTST orders with SAMCO is same as delivery brokerage, which is maximum Rs 20 for buy and maximum Rs 20 for sell.

Why I should work with SAMCO in terms of brokerage and charges?

SAMCO is a discount broker and charge a maximum Rs 20 per executed order. No hidden charges, no upper or lower limit for the transaction in terms of amount or quantity. So for traders as well as investors, SAMCO is a worry-free investment option. At any cost to your brokerage will not go above Rs 20.

What if my order executed in multiple transactions, How much brokerage I need to pay with SAMCO?

When your order executes in multiple transactions, still you need to pay brokerage for one order only.

What if my order executes partially, do I need to pay full brokerage?

Yes, the brokerage charges on each executed order. So for example, if you have given orders for buying 1000 shares of INFY, and due to your limit, only 10 shares order executed in a day, in such case you need to pay Maximum Rs 20 as a brokerage. The broker is not responsible for the number of shares executed in an order.

Does SAMCO have any hidden charges?

No, SAMCO doesn’t have any hidden charges. Your brokerage will be maximum  Rs 10 for each executed order. Other charges are as per the above-given list.

What are Call and Trade Charges with SAMCO?

SAMCO offers Call and Trade facility to its customers, as there are cost involved with call and trade facility provided by any broker, so SAMCO charge Rs 20 per executed the order as an additional cost to avail this facility.