Samco Broker - IPO JI

Samco

Samco

Discount Broker

About Broker

SAMCO is a discount broker that offers trading platforms and investment services for various segments. Additionally, it provides margin funding and loans aagainst shares. As of October 2024, SAMCO has an active client base of 95,877.


Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity Commodity Currency Futures Options

Brokerage Plan

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.

Charges

account opening

Free

account maintenance

₹400

call trade

₹20

Brokerage

equity delivery

0.50% on order value

equity intraday

0.05% on order value

equity futures

₹20

equity options

₹20

currency futures

₹20 per order

currency options

₹20 per order

commodity futures

₹20 on order value

commodity options

₹20 per order

Margins

Equity Delivery

4x As per exchange

Equity Intraday

15x As per exchange

Equity Futures

0x As per exchange

Equity Options

20x As per exchange

Currency Futures

0x As per exchange

Currency Options

0x As per exchange

Commodity Futures

0x As per exchange

Commodity Options

0x As per exchange

Platforms Offered

Set 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.

Nest Trader Rank MF Rank MF

Other Details

Pros

Advantages and Strengths of this broker.

Customers have the option to pledge shares in their Demat account for additional margin.

Access market insights, recommendations, and more from an expert equity research team.

Utilize the Caution Watchlist feature to facilitate the selection of appropriate stocks.

Enjoy a 100% brokerage cashback on all orders during the first month.

Cons

Disadvantages of this broker that it needs to improve upon.

The platform offers only Regular plans for Mutual Fund investments.

High charges apply for Pledge/Closure/Invocation in Demat accounts.

An additional fee is charged for call & trade services.

The facility for NRI trading accounts is not provided.

There is no provision for free delivery brokerage.


Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
free trading calls
free research
sms alerts
margin funding
margin against share

Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

mutual funds
ipo platform
bonds debt
exchange traded funds

Equily Charges

transaction charges

BSE: ₹ 1 per Lacs

NSE:

clearing charges

--

dp charges

Sell-side, ₹ 18.5

gst

18% on Brokerage + Transaction + CM Charges

stt

₹ 100 per Lacs

sebi charges

₹ 0.15 per Lacs

transaction charges

BSE: ₹ 1 per Lacs

NSE:

clearing charges

--

dp charge

--

gst

18% on Brokerage + Transaction + CM Charges

stt

sell side, ₹25 per Lacs

sebi charges

₹ 0.15 per Lacs

transaction charges

BSE: ₹ 1 per Lacs

NSE:

clearing charges

NSE:

dp charge

--

gst

18% on Brokerage + Transaction + CM Charges

stt

0.02%

sebi charges

₹ 0.15 per Lacs

transaction charges

BSE: ₹ 1 per Lacs - BSE

NSE:

clearing charges

BSE: ₹ 0.75 per lacs - BSE

NSE:

dp charge

--

gst

18% on Brokerage + Transaction + CM Charges

stt

0.1%

sebi charges

₹ 0.15 per Lacs