SAMCO Securities is the fastest growing broker firm in India which offers a wide range of financial products and services. Its products and services are available to traders at nominal charges. The company is known for its leverage products which offer a high margin on investments.
SAMCO Securities Limited is a discount broker that offers retail broking solutions at a flat fee of Rs 20 per executed order. It provides trading facilities on multiple platforms including BSE, NSE, and MCX (equity cash, derivatives, and currency futures).
SAMCO Commodities Limited which was earlier known as Samruddhi Tradecom India Limited is a member of both the commodity exchanges MCX & NCDEX. It provides trading facilities in commodity futures, where SAMCO clients can trade in gold and crude oil.
Some of the key products and services offered by SAMCO Broker to its clients are:
SAMCO Services is offering many leverage products where clients can calculate the leverage and also apply for it from available margins
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 is among the few discount brokers which offer margin in the Options segment. With OptionPlus, one can get a margin up to 20X for selling options and 3X for buying options. You can also use the Option Plus calculator from SAMCO services to compare the margin requirements for trading options with OptionPlus and without OptionPlus. You may either pay an annual subscription fee of Rs. 999+ 18% GST for the OptionPlus facility, or pay the monthly installment of Rs. 149+ 18% GST for the same facility.
SAMCO StockNote provides you margin against shares you own to trade for Intraday Trades and Positional Trades in the NSE F&O & NSE CDS Segments. All the SAMCO clients can subscribe to StockPlus for Rs 1500 per annum.
SAMCO IntraPlus facilitates intraday trading by extending trading margins against shares. Traders can trade on margin even if they have zero cash balance available in their trading account. Anyone can subscribe to the IntraPlus facility for Rs 1,000 plus GST. You will be charged Rs.60 plus GST for every scrip that you pledge or unpledged.
SAMCO BTPT offers 2 Days of Leverage in Delivery Trades and that too interest-free. To avail the BTPT facility you only need to pay a fraction of the original margin required, and the outstanding sum can be settled in 2 Days (T+2 Days) from the date of purchase. This service is free of cost and available to all SAMCO customers who have submitted their POA (Power of Attorney).
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.
With SAMCO, one can easily place advance orders including bracket order (3-in-1 order including Target + Initial + Stop loss) and cover order (2-in-1 order including Initial + Stop loss) and reduce the margin required for multiple orders.
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 Mumbai Office Address:
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.