SAMCO Commodity
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SAMCO Securities is a CDSL (Central Depository Services Limited), and SEBI registered discount stock broker in India, established by Mr. Jimeet Modi. SAMCO Commodity is one of the many trading choices.
Commodity trading is a relatively new practice in the Indian Trading markets when compared to stocks. SAMCO offers to trade in financial securities listed on stock exchanges – NSE, BSE, MCX, among others.
Want to know Is Samco Safe? for commodity trading. No worries, get your all doubts cleared.
This broker gives exclusive access to its proprietary, the Giga Trading Engine (GTE).
GTE is a tool that combines AI (Artificial Intelligence), power computing, and analytical technology to identify trends and patterns of the various stocks listed on exchanges across India.
Products that are considered a commodity are majorly part of the primary sector and not the manufacturing industry. These commodities get traded in their natural form.
SAMCO Commodity Trading
SAMCO is a well-known player in the brokerage industry that offers trading in various trading segments like equity, derivatives, currency, commodity, mutual funds, and IPOs.
Thus commodity is one of the SAMCO Products.
If you trade-in equity then the SAMCO equity margin will benefit you with many benefits.
In each of these segments, proper guidance and support are complemented by a strong analytical and back-office team. Further, SAMCO trading platforms make the process of trading seem smooth and effortless.
Multi Commodity Exchange (MCX) is the exchange where commodities get listed for trading. There are several regional exchanges, but MCX is a national and most significant trading exchange for India’s commodities.
Traders invest and trade in various categories of commodities. Some of them are
- Metal commodities – Aluminum, Gold, Copper, etc.
- Agricultural Commodities – Cardamom, Wheat, Rice, Cotton, etc.
- Energy Commodities – Crude Oil, Petrol, Diesel, etc.
The window for trading in the SAMCO commodity is open from Monday to Friday between 10 AM – 11:30 PM/ 11:55 PM, as applicable to different commodities.
The advantages of trading in SAMCO Commodity are
- Benefit from the Diversified Portfolio – The list of SAMCO commodities is long. Build a strong portfolio with diverse commodities to reduce the chances of losses and multiply your profits.
- SAMCO Margin – SAMCO is the only broker that extends the option of SAMCO Bracket Order for commodity trading on MCX. Make the best out of this unique service.
- Low Brokerage Charges – SAMCO trading is preferred by many traders due to the minimal brokerage charges. On every order, the maximum amount, as brokerage, levied is ₹20.
To trade in commodities with ease, open a SAMCO Demat Account.
SAMCO Commodity Trading Account
You can trade in the commodity trading segment by opening commodity trading account online with SAMCO. SAMCO Securities offers to open a Demat account and trading account by registering on their website only once. Yes, you read that right.
Opening Demat account and Trading account with SAMCO are combined.
Visit the official website of SAMCO Securities and click on the Open an Account tab. You’ll get redirected to a registration page. Enter your Name, Mobile Number, Email ID, and complete the procedure as instructed.
As soon as you fill the complete form, upload the documents necessitated by SEBI.
Documents like Aadhar Card, PAN Card, Address Proof, Bank Account Details, etc. Before you finally submit your form, make sure there are no errors in the details entered.
The final verification can be either online or in-person Verification. That is a choice you make.
SAMCO Commodity Login
SAMCO provides a lot of portal options for easy trading. You can access your account via mobile, desktop, or tablet. Connect to a stable internet connection, and you are good to go!
SAMCO Commodity Brokerage
Brokerage charge is the fee a broker levies for a transaction executed or a particular service extended to the trader. The trader bears this fee and pays for every successful transaction by the stockbroker.
SAMCO is very popular for its low brokerage charges. These charges are very transparent for the traders.
The SAMCO commodity brokerage is precisely the same as for any other trade. A direct charge of ₹20 or 0.02%, whichever is lower, is levied on every executed order.
So, whether you buy a commodity worth crores or a few thousand, you’ll only be paying ₹20 for the said commodity trade.
If you are interested in earning with referrals and have many contacts, you can be a partner with SAMCO Sub Broker and can earn a good commission.
SAMCO Commodity Margin
The facility of margin is extended by every broker nowadays. It increases their trade count and the amount traded by the end of the day.
Further, it makes the broker desirable for smaller traders.
SAMCO Securities is a broker that extends margin facility for every trading segment. From equity to currency, derivatives, commodities, every financial product is under its umbrella.
But, what makes SAMCO commodity leverage stand out is its facility to provide the option of Bracket Order for the Commodities segment. No other broker extends this facility to date.
Bracket orders reduce the chances of loss incurred in case of an opposite trend of the commodity movement.
SAMCO Commodity Margin Calculator
Before you grab the first opportunity to access the SAMCO commodity margin, you need to be sure of the exact amount you are borrowing, the requirements, and how it works.
SAMCO margin calculator is a tool that helps you answer one of the above elements. It calculates the margin exposure for a trader across the various segments available to invest.
It consists of the data required to analyze the Intraday trading and Positional trading margin. SAMCO commodity margin for Intraday traders is a small percentage of the margin fixed for Positional traders.
Depending on your trading periods, you can choose either NRML or MIS trading options.
Conclusion
By the end of this article, you know that SAMCO Securities is a SEBI approved stockbroker that purpose is to ease the process of trading for its customers. It also offers trading and margin facilities across all segments.
Commodities get listed on MCX for trading, and you can sort them into various categories like Agriculture, Energy, Metals, etc.
If you trade with SAMCO, you can use bracket orders that are exclusively offered by them. Log in to your SAMCO trading software, and for every executed order, pay a nominal brokerage amount of ₹20.
SAMCO is a well-trusted name in the brokerage industry with the highest leverage amounts & lowest brokerage charges.
Wondering to open a Demat Account? Refer to the below form
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