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Contact SAMCO
Open Instant and Online account with SAMCO in 15 mins.SAMCO is a registered trading member of BSE, NSE, and MCX to allow customers to trade in the equity, F&O, currencies, and commodities segment. SAMCO also allows customers to invest in mutual funds and IPOs. The broker also provides stock ratings and expert-curated long-term stock investment ideas on the Stockbasket platform.
If you are a mutual fund investor, you can find out the top-rated mutual fund schemes on its RankMF platform. Its SmartSwitch feature also enables you to switch from poor-rated schemes to the best-quality mutual funds.
Let's find out more about types of accounts, trading and investment products, and services by SAMCO;
| SAMCO Demat Account | Yes |
| SAMCO Trading Account | Yes |
| SAMCO Commodity Trading Account | Yes |
| SAMCO Mutual Fund Account | Yes |
| SAMCO 3-in-1 Account | No |
SAMCO offers free 2-in-1 (trading cum demat) account opening services to all customers. A trading account is used to place buy and sell orders in different segments whereas demat account keeps all shares or securities in electronic form. If you are a commodity trader and want to trade in commodities on MCX, you can open a commodity trading account with SAMCO. The discount stock broker has not partnered with any bank thus, you cannot open a 3-in-1 account.
SAMCO charges a maximum of Rs 20 per order brokerage fee on all intraday and F&O trades while allows free mutual fund investment.
| Equity Intraday ¬ MIS | Yes |
| Equity Delivery - CNC | Yes |
| Equity Futures & options | Yes |
| Commodity derivatives | Yes |
| Currency derivatives | Yes |
| IPO-Initial Public Offering | Yes |
| NCDs-Non-Convertible Debentures | No |
| Mutual Funds | Yes (Only regular MFs) |
| StockSIP | Yes |
| Banking | No |
| Insurance | No |
| Stock Research | Yes |
SAMCO offers multiple trading and investment products to customers. If you have a SAMCO account, you can trade in equities, F&O, commodities, and currencies on BSE, NSE, and MCX exchanges. Also, the broker allows you to apply in IPOs and invest in mutual funds. It provides expert-curated mutual fund recommendations on the RankMF platform. However, direct mutual funds are not available with SAMCO.
Get upto 4 times leverage or exposure on margin trading in over 500 stocks with SAMCO. The discount broker has two margin products; CashPlus and StockPlus. Here are the details;
SAMCO CashPlus facility allows its clients to get delivery leverage in the Equities segment to purchase shares on the NSE and BSE. One can get leverage up to 4X based on the shares purchased. There are 300+ stocks available for equity delivery leverage on CashPlus and the broker charges 0.05% per day on the outstanding amount. Any SAMCO client can subscribe to the product at Rs 1,000 annually.
SAMCO StockNote provides you margin against shares you own to trade for Intraday Trades and Positional Trades in the NSE F&O, and NSE CDS Segments. All the SAMCO clients can subscribe to StockPlus for Rs 1500 per annum.
| Market order | Yes |
| Limit order | Yes |
| Stop Loss market (SL-M) order | Yes |
| Stop loss Limit (SL-L) order | Yes |
| Bracket order (BO) | Yes |
| Cover order (CO) | Yes |
| Aftermarket order (AMO) | Yes |
| Good Till Triggered order (GTT) | Yes |
Yes, you can place and execute buy today, sell tomorrow (BTST) trades with SAMCO. The facility allow SAMCO clients to sell the shares before getting its delivery in the Demat account. To do BTST trades, you have to place a CNC order.
SAMCO offers a bunch of tools to help traders in trading and investing. With these tools, one can quickly calculate margin requirements, place advanced orders, keep a check on your portfolio risk, and much more.
SAMCO Span Margin calculator lets you calculate comprehensive span margin requirements for option or F&O while trading in equity F&O, commodity, and currency before taking a trade. It calculates the span margin and exposure margin required by the exchanges based on volatility, underlying price movements amongst other factors.
With the SAMCO Brokerage calculator, you can easily calculate entire brokerage costs and other transaction costs for your trading patterns even before you execute your trades. This also helps in comparing the trading costs in SAMCO and a traditional broker.
SAMCO Risk Advisor portrays an honest picture of risk so that traders can get a correct picture of their investments. It has features like sector allocation, diversification, rated and unrated stocks, and single stock exposure so one has less risk and chances of losing their hard-earned money.
SAMCO analyses the financial positions of companies and scans them at multiple parameters to rate. These parameters include the efficiency of the business, growth potential, the sustainability of earnings, constructive or destructive power of Leverage, ability to generate free cash flow, transparency amongst several others.
Samco keeps a watch on the caution stocks list where operators try to create artificial volumes in the market by circular trading and increasing the prices of these stocks. This expands the volume and prices rise up but once the general public buys them, manipulators sell their shares to the public and the stock starts tanking.
SAMCO pledge monitor helps its clients to identify how to pick stocks by tracking one of the most overlooked parameters of Promoter pledged holdings. Promoters of these companies end up being excessively leveraged in their personal capacity and any default results in the invocation of shares.
SAMCO Option Fair Value Calculator calculates the fair value of call options and puts options. This tool is used to simulate the outcomes of prices of the options in case of a change in factors impacting the prices of call options and put options.
Using the call & trade feature, you can place trades across Equities, Derivatives & Currency between 9 AM to 11:55 PM from Monday to Friday (Excluding Exchange Holidays) and SAMCO charge Rs 20 per executed order for call & trade and you receive a trade confirmation through SMS or Email. Call & Trade contact number: +91 – 22 – 2222 7777 | +91 22 - 6169 9000.
SAMCO Customer service is delivered deliberately through toll-free no, email, online support portal. You can also go through FAQ onsite for all your trading related queries.
SAMCO Contact Number/SAMCO Customer Care Number: 91 22 2222 7777 | +91 22 6169 9000
www.samco.in is an online investment website of SAMCO Securities Ltd. SAMCO Securities offers all of its customer services through its website only.
SAMCO has an office in Mumbai and its all services are offered online.
SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.
CashPlus is a facility offered by SAMCO which allows clients to get leverage for Equity Delivery. It enhances the buying power of customers with a lower amount of Cash available in the trading account. Any SAMCO customer can subscribe to the service at Rs 1000 per year as subscription fees.
These are the types of orders offered by SAMCO. In cover order, you can place 2-in-1 order where you can put a stop loss along with the initial order. While in bracket order, you can also place target along with stop loss and initial order and it is often known as 3-in-1 order. These orders use less margins than multiple orders.
NRML or the Normal Margin (Full Form of NRML) order is used to carry forward trades in the derivative segment and for a special product in SAMCO called “CashPlus” in the Cash segments. Intraday trade in MIS can also be converted into NRML trade provided the required margin is available in the client’s trading account.
SAMCO has come up with a new plus product which offers leverage on intraday trading in options, both buying and selling is known as OptionPlus. Currently, it is available for only actively traded stocks and not for commodities and currencies. Anyone can subscribe to this product for Rs 999+GST annually.
