Samco is an Indian online discount broker that offers stock and commodity trading at NSE, BSE, and MCX. The NBFC arm of Samco provides margin funding, loan against shares and other financial products. It features among the lowest-cost broker in India.
Distinguishing Features:
- Samco offers trading at flat Rs.20 per executed order.
- Up to 15 times leverage is available on equity intraday trading.
- Cover orders and Bracket orders are available with up to 33 times exposure.
- Demat account opening is free with Samco.
- Samco trading account opening is free.
- Trading account AMC is 0.
- Demat account AMC is Rs.400 per year.
- Samco provides a variety of Margin Products including CashPlus, StockPlus, and InstaPlus.
- Traders can trade with zero cash balance
- It offers 80 time leverage for Nifty, 33 times leverage for stocks and 60 times leverage for commodity.
- It offers a variety of trading platforms for the traders free of cost including Samco Trader (Omnesys NEST Trader), StockNote (Mobile Trading App), Samco Web Xpress (Website), Samco Star (Back-Office), and Samco Call & Trade facility.
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