Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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7.89% 96,900 Clients
SAMCO Account Opening Enquiry
Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO.
Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The company was founded by Mr. Jimeet Modi, Founder & CEO of Samco Group.
As a leading flat-fee brokerage and investment-tech platform, Samco Securities extends sophisticated financial technology to the retail investors' access and makes their wealth-creation journey simple, informed, and cost-effective. Samco Securities' mission is to help every stock market participant consistently outperform the index and achieve their best financial performance.
Samco's services are customer-centric at the core, and in the same attempt, they have implemented a quantitative approach to provide differentiated solutions that empower customers to ace the capital markets.
SAMCO is a SEBI registered stockbroker, research analyst, and a member of NSE, BSE, MCX, and NCDEX. The company has a depository participant membership of CDSL. SAMCO's NBFC arm provides margin funding, loan against shares, and other financial products.
SAMCO has a simple, standard, and flat brokerage model that charges Rs 20 or 0.50% of the transaction value (whichever is lower) in the case of Equity Delivery trades and a lower of 0.05% of transaction value or Rs 20 per order for all other segments. The account opening at SAMCO is free with zero maintenance charges for the first year. Moreover, SAMCO also offers 100% brokerage cashback for the first month.
SAMCO offers advanced and reliable trading platforms to trade across various products through web, mobile, and desktop software. SAMCO maintains a Stock Market library and educative blogs related to the capital market basics, market insights, tax management, and much more that create investor awareness and help them make informed and better investment decisions.
SAMCO provides higher and unique leverage products for trading in comparison to other discount brokers. SAMCO's Leverage Products include CashPlus and StockPlus.
The following are unique selling points (USP) of SAMCO Brokerage Services:
It is a limited-time offer. Open Instant Account online and start trading the same day.
SAMCO offers free account opening with Rs 0 Demat AMC for the first year.
| Charge Head | Charges |
|---|---|
| Trading & Demat Account Opening | Rs 0 |
| Demat Account AMC (yearly) | Rs. 0 for the first year, post that Rs. 400 + GST |
SAMCO follows a fixed brokerage model wherein it charges a maximum of Rs 20 per executed order across all segments including Equity Delivery.
| Trading Segment | Brokerage Charges |
|---|---|
| Equity Delivery | Rs 20 per trade or 0.50% (whichever is lower) |
| Equity Intraday | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Future | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Options | Rs 20 per trade |
| Currency Futures | Rs 20 per trade or 0.05% (whichever is lower) |
| Currency Options | Rs 20 per trade |
| Commodity Futures | Rs 20 per trade or 0.05% (whichever is lower) |
Note:
Visit SAMCO Brokerage Charges Review for more detail.
For online trading with SAMCO, the investor has to open an account. Fill in an online account opening form to open an account instantly.
SAMCO offers a digital account opening facility to its customers. It is a simple, instant, and 100% paperless process. The account opening at SAMCO is free with zero maintenance charges for the first year.
SAMCO offers a wide range of online trading platforms. All trading applications are available for free.
Samco app is a mobile app for trading at BSE, NSE, MCX, and NCDEX. The feature-rich trading app on mobile is simple, handy, and fast. The app also offers live news, alerts, streaming quotes, market watch, and charts.
Nest Trader is an installable trading terminal with a high-speed, robust, stable, and user-friendly desktop trading platform designed for high-frequency traders.
StockBasket recommends a readymade basket of stocks based on expert advice and an in-built intelligent evaluation system for long-term investments. StockBasket helps investors create long-term wealth to achieve their financial goals.
KyaTrade is a trade recommendation platform by SAMCO that provides real-time trading and investment ideas. The in-built intelligent risk management system in KyaTrade lowers unnecessary risk by suggesting entry and exit points.
SAMCO APIs is a set of simple and powerful trading APIs offered by SAMCO to build/customize your own trading platform and assist Algo trading. Read SAMCO API review for more details.
RankMF is a Mutual Fund investment platform by SAMCO available in mobile app and web versions. RankMF is a feature-rich mutual fund investing platform that recommends the best mutual funds, helps evaluate the portfolio, achieves financial goals, etc.
Samco Star is the back-office platform of SAMCO. You can check account statements, analyze the trades, manage the funds, check Demat holding, pledge/unpledge holdings, and much more.
An easy stock SIP investment platform that the customers can use. The platform offers easy setup and tracking, Supercharge SIPs with Samco Stock Ratings, and a portfolio comparison feature.
Visit SAMCO Trading Software Review for more detail.
SAMCO Account Opening Enquiry
Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.
The following are the advantages of SAMCO. You must read SAMCO advantages and disadvantages before opening an account with SAMCO. SAMCO pros and cons help you find if it suits your investment needs.
The following are the cons of SAMCO. Check the list of SAMCO drawbacks.
SAMCO margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. SAMCO F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for SAMCO F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  3.2/5 |
| Fees |  3.4/5 |
| Brokerage |  3.8/5 |
| Usability |  2.8/5 |
| Customer Service | 3.2/5 |
| Research Capabilities |  2.6/5 |
Based on 26 Votes by SAMCO Customers
Do you trade with SAMCO? Rate SAMCO
The number of SAMCO customer complaint received by the exchanges. The SAMCO consumer complaint report helps understanding the SAMCO Securities Limited quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2024-25 | 96,900 | 15 | 0.02% |
| NSE | 2023-24 | 89,817 | 58 | 0.06% |
| BSE | 2023-24 | 24,172 | 18 | 0.07% |
| NSE | 2022-23 | 70,369 | 42 | 0.06% |
| BSE | 2022-23 | 13,489 | 0 | 0% |
| NSE | 2021-22 | 77,730 | 48 | 0.06% |
| BSE | 2021-22 | 15,589 | 1 | 0.01% |
| NSE | 2020-21 | 77,173 | 74 | 0.1% |
| BSE | 2020-21 | 12,430 | 2 | 0.02% |
| NSE | 2019-20 | 51,432 | 41 | 0.08% |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit SAMCO Complaints at BSE, NSE and MCX for detail report.
MISSION ACE THE INDEX LAUNCHED BY SAMCO SECURITIES
With the aim to empower investors and enhance their investment performance and outperform benchmark returns, Samco Securities has launched the Mission: Ace the Index. This is a nationwide initiative designed to provide participants with essential resources, tools, and knowledge required to have a successful trading experience.
The mission aims to encourage the investors and traders on the following three aspects as stated below:
Samco offers tools, resources, and knowledge needed to improve performance in the stock market and consistently ace the index. Stock market participants can take the pledge & access powerful tools, resources, and knowledge by visiting www.acetheindex.com.
WHY MISSION ACE THE INDEX?
Samco Securities carried out a commissioned Indian capital markets and investor behavior survey through Nielsen. Nielsen is a global leader in consumer insights, data, and analytics. The survey presented some tactful and practical findings, which are:
In order to resolve these issues alongside catering to other incidental matters, Mission - Ace the Index has been proposed by Samco Securities.
Samco invites stock market participants to join the ' Mission - Ace the Index', and take the pledge to prioritize investment performance. Samco urges investors to ace i.e. outperform the relevant benchmark indices by researching and analyzing investment opportunities, managing portfolios actively, and adapting strategies according to evolving market conditions.
Incorporated in 2015, SAMCO is a low-cost online discount broker offering trading and investment in stocks, F&O, Currency and Commodities across BSE, NSE, MCX, and NCDEX exchanges. It also offers IPO, Mutual Funds and Demat account.
The company also offers paid research services and margin funding, loan against shares, and other financial products through its NBFC arm.
SAMCO USPs are:
SAMCO is a low-cost online broker with the free account opening and unique leverage products. SAMCO has a simple pricing model with a maximum brokerage of flat Rs 20 per order across all segments.
SAMCO is a trustedSEBI registered stockbroker and a Research Analyst. The company is a member of NSE, BSE, MCX, and NCDEX and a depository participant membership with CDSL.
SAMCO also provides margin funding, loan against shares, high exposure, trading ideas, research services, and other financial products. SAMCO offers advanced and powerful trading platforms in web, mobile, and desktop versions.
Overall, SAMCO is a good broker with an investor-centric approach.
Yes, SAMCO provides paid research tips and trading ideas through its trade recommendation platform - KyaTrade.
KyaTrade has an in-built risk management system that defines the stop-loss targets, suggests entry and exit points, and sizes your position based on your investment capacity.
KyaTrade services are available with an annual subscription of Rs 9000 per year for the Intraday plan and Rs 6000 per year for the Investment plan with a 100% refund guarantee of your subscription fees if you do not make money based on KyaTrade recommendations.
SAMCO offers a starter trial pack of KyaTrade at Re.1 for the first month.
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