SAMCO is one of the leading Discount Brokers in India. Let’s look into a detailed review, Samco brokerage charges, Demat Account & other features of this great broking house.

Samco Review & Rating

SAMCO Customer Ratings & Review

About SAMCO Broking House

SAMCO has a stronghold in the capital market as a full-service Broker from the last 20 years under the formal brand name Samruddhi Stock Brokers Limited. The broking company provides a platform for trading across exchanges in India including BSE, NSE, MCX, MCX-SX, and NCDEX.

Brokerage is 0.02% or Rs 20 per executed order, whichever is lower, for intraday, F&O, currency and commodity trading. For equity Delivery, the brokerage is Rs 20 or 0.2% per executed order whichever is lower.

With SAMCO, you can invest in stocks, debentures, commodity, currency, bonds, and ETFs.

You can easily earn by referring friends and relatives to the broking brand and become a referral associate. The distinguishing feature of the Broker includes Margin limits provided for intraday trades. Their Rating Tool is not only the first but also the only Stock Rating tool in India. It evaluates and rates companies on a variety of different parameters including market analysis, earnings, balance sheet analysis, corporate governance, and others.

Read: Upstox Review: Demat & Trading Account Opening, Features, Brokerage

The company provides customer support through their phone line, query resolution on website and email.

The broker also provides Demat Account DP services. It offers 3 easy ways for funds transfer to Samco trading account i.e.

  • Feature of Instant Fund Transfers through the Payment Gateway on SAMCO Trader terminal or Back office is possible.
  • By way of NEFT/RTGS
  • By way of cheques

SAMCO Products & Services

samco brokerage charges

Here are the list of products & services the broking house deals with

Samco Products

List of Products they offer

  • Equity
  • Derivatives
  • Debentures
  • Commodity
  • Currency
  • Bonds
  • ETFs

Samco Services

List of Services the broking company provides

  • Demat Account
  • Trading Account
  • SAMCO CashPlus: it is a first discount broker in India providing delivery leverage in equity segment to purchase a share on NSE and BSE. Clients can get leverage of up to 4x on the shares bought. One needs to pay 0.05% charges on outstanding amounts. Customers can use this facility for 300+ stocks listed in this category.
  • Data bank by SAMCO: Here one can get the company’s financial position/results in a single page view from the last few years for better decision making.
  • SAMCO Ratings Monitor: Helps in current decision making.
  • Margin: In this, you can trade up to 15X Intraday equity segment leverage (MIS) ranges depending on stock. Intraday cover order (CO) trades which have built-in compulsory stop-loss order can have far higher leverage than the normal.
  • Intraday Trading

SAMCO Brokerage Charges & Fees

The broking house levies charge of flat Rs 20 per executed order for all segments. If your trading volume is low, you can avail the benefit of lower of Rs 20 or .2% (for delivery) and .02%( for derivatives). It has no hidden charges like software usage charges and there is no Trading account AMC which is pretty much standard with the majority of discount Brokers.

Its Rs 20 flat-rate share trade is equal to Zerodha (Rs 20),RKSV (Rs 20),Tradejini (Rs 20) but slightly expensive than my Value Trade(10 Rs), SASOnline(Rs 9) & RK Global (Rs 9),Trade Smart Online(15 Rs), Compositedge (18 Rs) plans.

Call and Trade facility is available at RS 20 / executed order with the first 20 CALL N TRADE Free. The discount broking company clears with the exchanges on T day so overnight exchange margins are the lowest in the Industry.

Read: 5Paisa Review: Demat and Trading Account, Brokerage, Benefits

SAMCO Brokerage Charges: Fix Brokerage Plan

Brokerage PlanFix Brokerage Plan
Flat FeeNA
Equity Delivery20 or 0.2% whichever is lower
Equity Intraday20 or 0.02% whichever is lower
Equity Futures20 or 0.02% whichever is lower
Equity Options20
Currency Futures20 or 0.02% whichever is lower
Currency Options20
Commodity20 or 0.02% whichever is lower

SAMCO Demat Account Opening Fees & Charges

Trading Account Opening Charges (One Time): Free

  • Demat account Opening Charges (One Time): Free
  • Trading Annual maintenance charges (AMC): Rs 400
  • Demat Account Annual Maintenance Charges (AMC): NIL

Other Charges

  • Call and Trade feature is available at an extra cost of 20 Rs per call + Service Tax, First 20 calls n trade is free.
  • Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at an additional charge of 9 Rs per contract + Courier charges +CDSL charges
  • Money withdrawals charges apply as per RBI guidelines.
  • Standard NSE charges, transaction charges, and statutory levies are charged.

SAMCO Margin, Exposures & Intraday Leverage

The margin for NSE Cash/BSE Cash – Upto 3X to 10X on MIS orders, up to 50X on CO Orders, Overnight/Carry Forward Orders – No Leverage.

Exposure for Equity/Index Future Trading – Offers 40% to 50% of NRML Margin for MIS and Additional leverage for CO Orders.

Options Buying Exposure – Don’t offer any leverage for Options buying.

Exposure for Equity Options Selling – Equity Index (NIFTY, Bank Nifty and others) 40% of NRML Margin, Equity Stocks – 60% of NRML Margin.

The margin for Currency Futures – 50% of NRML Margin for MIS and Additional leverage for CO Orders.

Exposure for Currency Options Selling – Currency Options – 50% of NRML Margin.

The margin for Commodity Futures – 40% of NRML Margin for MIS and Additional leverage for CO Orders.

How to Open SAMCO Demat Account?

For online trading with it, the investor has to open a 2-in-1 account (Trading and Demat). Following are the ways to open an account with this broking house:

  • Fill an online application form – Fill the contact form
  • Website:
  • Contact email:
  • Registered Office: 1004-A,10th Floor, Naman Midtown-A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai-400013

Read: Zerodha Review: Account Opening, Brokerage and Margin for Trading

SAMCO Membership Information

  • Securities Limited: SEBI Reg. No. INZ000002535
  • Depository Participant: CDSL – IN-DP-CDSL-443-2008
  • Commodities Limited: MCX: MCX/TCM/CORP/1326 & NCDEX: NCDEX/TM/CORP/1123

SAMCO Trading Platform Review

Let’s review their Web, Mobile app and Desktop base trading platform

Desktop-based Trading Terminal: SAMCO Trader Review

It has a Desktop.EXE Version for Windows. The broking company uses NEST as its trading platform for desktop.

Web-based Trading Platform: SAMCO Web 5 Review

It offers a platform that allows for placing orders on the move and functions on all web browsers and phones.

SAMCO Mobile App Review

It is for both for iOS and Android

SAMCO Call & Trade Review

Charges of Rs. 20 per executed order is levied

SPAN Calculator, Margin Calculator, Brokerage Calculator, Stock Ratings are some of the innovative tools offered by this esteemed broking house.

SAMCO Broking House Advantage / Disadvantages

The broking company is grabbing the discount brokerage industry with big advertising, the strategy of initiating an investment league and promoting it with the big celebrity of India like Kapil Dev. For existing traders what matters the most is the transparency, track record, customer support, trading tools, a decent margin which if they are successful to provide, can sustain with champions in discount brokerage space.


  • ITL, the trading League Referral Credit
  • Cover Order, Bracket Order and Trailing Stop Loss order are available
  • Leverage for trading in equity intraday using MIS is highest in the industry ranging from 3X to 15X depending on the stocks


  • Margin required for Nifty and Bank Nifty is high
  • No margin in equity delivery
  • Average Customer Service
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