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SAMCO Trading
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Imagine trading with a broker that offers you to invest in the gigantic intraday trading universe with 500+ stocks in the intraday trading list. SAMCO trading is the unbeatable answer to your long search.
SAMCO Trading is facilitated by the Giga Trading Engine that combines Artificial Intelligence (AI), analytical technology, and powerful computing to find trends, patterns & opportunities in the market.
This engine presents the outcomes of these exceptional calculations in the most simple and easy form.
Is SAMCO Safe? to invest money in is the frequent question that everyone wonders before investing, know every detail about SAMCO Trading here, and invest doubtless.
In addition to this, they also have the lowest brokerage charges. How amazing?
Let’s start discussing the process of trading with SAMCO in detail.
SAMCO Trading Review
SAMCO Securities was founded in 1993 by Jimeet Modi. It is a well-known name in the stock brokerage industry.
SAMCO brokerage plans and charges are transparent and lowest to help traders to trade in a wide range of SAMCO products using trading portals, SAMCO Securities has undoubtedly won many traders’ hearts.
Also, SAMCO has topped the list of brokers that provide the highest percentages of leverage to trade in the Indian Stock Market.
SAMCO has a 3-in-1 account facility for its consumers, which makes it easier & faster to register for a Trading, Mutual Funds investing, and a Demat account. How?
That is because you need to register once for gaining the accessibility to 3 accounts.
SAMCO Trading platforms facilitate trade in all financial instruments available in the stock market. It makes the process of buying, selling, or holding the financial products easy & assists with regular updates from experts in the field.
SAMCO has served 3180+ cities & concluded a total of 660 lakh+ transactions. It has saved more than ₹561 Cr of brokerage for the traders.
With a vast customer base, SAMCO proudly stands on the pedestal that reads – making the trading experience hassle-free & easy.
Talking about trading with SAMCO in detail is the purpose we’ll be serving. From the various platforms for trading to charges, the margin by SAMCO, we plan on clearing all your doubts about SAMCO trading.
SAMCO Trading Online
After the passing of the Depository Act in 1996, the process of trading was changed from offline to online. From beginning to end, the process was digitized. With the increasing accessibility of the internet across the nation, this process has been simplified to enhance the customer experience.
As every broker introduced an online platform, SAMCO also started working on the trading platforms they wish to offer. In the process of generating their portals, they also introduced SAMCO Back Office Login to ease every aspect of trading.
The facility of SAMCO Trading Online has proven to be a boon in these times of global pandemic corona related lockdown as well. When stepping out of our homes is scary, SAMCO is serving its customers at a single click.
Also, with a wide range of products to boost a trader’s capability, trading online has been unraveled from all the notions of being time taking & risky.
SAMCO Trading Account
SAMCO Securities is one of those brokerage firms that offer you a 3-in-1 account, i.e., Trading, Demat, and Mutual Fund investing account. SAMCO trading account eases and fastens the process of owning these accounts.
You can set up your SAMCO Trading Account, including the online verification process, in less than five minutes.
SAMCO trading account can be opened for free and has no additional charges like AMC, i.e., annual maintenance charges that are mandatory in the Demat account.
Since knowledge never hurts, knowing the process of opening a SAMCO trading account would help you be prepared when you decide to trade with them.
Below is the process in brief.
- Register on the SAMCO portal by entering your name, email ID & mobile number.
- Complete the multi-staged online application.
- Sign your documents digitally.
- Upload the documents necessary to open an account, as mentioned in the guidelines laid down by the Securities and Exchange Board of India (SEBI).
During this procedure, you’ll also be asked to set your credentials, be sure to remember it or write it down. Further, before the final submission of the application, finally, go through all the entered details to avoid any mismatches or discrepancies.
Also, read Documents required for opening Trading Account.
After the account is all set, download the StockNote application to trade in the Indian Stock Market & get 100% Cashback on transactions for a month, i.e., no brokerage charges for the first month.
If you are interested in Commodity trading you can read about SAMCO Commodity and SAMCO Commodity Margin and learn how to open commodity trading account online with SAMCO.
SAMCO Trading Login
Trading with SAMCO gives the option to trade in all the financial instruments available in the market. They have several dedicated portals for them. One can choose any number of products they wish to invest in & SAMCO Trading portals would be handy.
Logging into your SAMCO trading account has been secured to ensure the reduced risks of someone else getting access to your account.
To login to your SAMCO trading account, you’ll have to visit their website. Under the login tab, there would be the Trading head. Click on that, and you’ll be redirected to the SAMCO Login Page.
Here, you’ll be required to enter your credentials consisting of User ID, Password, and Year of Birth (as mentioned in your registration form). As you enter these details & click on the ‘Secure Login’ button, you will be logged into your account.
SAMCO Trading Mobile App
In times when life moves at an unprecedentedly fast pace, waiting to get home to trade from your desktop could lead to losses & difficulties.
To avoid these, SAMCO Securities brings you SAMCO Trading Mobile App. This app goes by the name of SAMCO mobile & is available for IOS & Android devices. The only limitation with this app is that it operates only in India.
If you wish to trade with SAMCO, you’ll have to download StockNote – SAMCO trading mobile app. Just like every other trade with SAMCO, StockNote also uses Giga Trading Engine.
This app is a better choice for those who have a good understanding of the market & is well versed with the ups & downs of the stock market.
Trading in the stock market is not only intimidating to the beginners but also for the experts. With every passing day, one trades, their confidence increases & so do the capabilities. But at no point in time, a trader is not scared for his invested amount.
StockNote attempts to ease this by simplifying the analysis part of trading. This app has the feature to create your personalized stock market.
Yes, you read that right. You can hand-pick the information you wish to go through. Also, you can customize your feed, trading preferences, and many more such things.
Are you curious about how this app supports beginners?
Well, it does by making things easier for them by bundled trigger alerts, simplified trading information, etc. But if you’re confused and not so sure about making the correct choices, read further, and you’ll find a way for you too.
For those who still doubt themselves, SAMCO has another mobile application. StockBasket is the SAMCO trading mobile app for those who are not so sure in the analysis aspect.
This SAMCO trading mobile app is an application that has hand-picked shares & stocks by experts in the field. It has around 4000+ companies listed. These are shortlisted based on the analysis done by using SAMCO’s proprietary Giga Trading Engine.
For someone who wishes to minimize their losses because of lesser knowledge or increase their profits with good shares, this SAMCO trading mobile app is the answer to all their wishes.
SAMCO Trading Platform
A lot of SAMCO Trading Platforms have been discussed so far. But you’ll be surprised to know; a lot more is yet to be covered.
Wish to know about them?
Let’s go!
- SAMCO Nest Trader
NEST – Next-generation Electronic Securities Trading platform is a terminal-based platform for trading. It is maintained and developed by Omnesys Technologies. This platform is available for various segments like Currency, Equity & Commodity.
Know about SAMCO Equity Margin, if you trade-in equity and reap its benefits.
Since everyone trusts this platform, stockbrokers subscribe to the application & extend the subscription to their customers. By doing this, they tend not to develop their trading platforms.
Additionally, the list of features of the SAMCO nest trader platform runs long. They are:
- Users can add multiple watch lists of the market.
- To keep your data segregated, you can add these watch lists to groups.
- With the ‘Orderbook’ feature, you can check all your orders at a glance.
- The charting facility helps in carrying out the technical & fundamental analysis of the stocks you wish to observe.
- Integrations with the third party for technical analysis software, tools, etc. are available.
- With more than 100 technical indicators, traders get automated alerts from the trading platform.
To download the SAMCO Nest Trader Platform, you have to visit the website of SAMCO.
Under the head of ‘Downloads,’ you’ll find SAMCO Nest Trader. Click on the download button, and it’ll automatically start the download. This helps ease the process of trading across exchanges like NSE, BSE & MCX.
It provides data swiftly & presents to you the minutest details of the market.
2. StockNote Web
Just like the application of StockNote discussed earlier, this is the browser interface of the SAMCO trading mobile app. It has the same features as the app & facilitates trade. It provides you with personalized alerts & simplifies the process of analyzing shares & commodities.
3. RankMF
RankMF is the broker’s advice against the confusion of which mutual fund should the customer invest in. With a pool of mutual funds available in the market, the mere idea of having to compare them sounds tedious.
To sort the trader’s investment plans, SAMCO brings expert advice to them.
With these many platforms at your disposal, don’t worry about the multiple credentials you’ll have to remember. The majority of them use the SAMCO user ID & password to log in.
The above are the SAMCO Web Trading platforms in which you can trade.
Also, earn by partnering with SAMCO Sub Broker and earn the commission.
SAMCO Trading Charges
You must have heard about SAMCO charging the least brokerage per order.
Did you?
That’s because it does. For every order, SAMCO charges a flat ₹20 irrespective of what you trade. From Futures & Options to Intraday, Positional, etc.
Either you’ve to pay 0.02% of the trade order or ₹20, whichever is lower.
Even after adding all the charges one needs to pay for a transaction, trading with SAMCO is a lot cheaper than with the rest.
Doesn’t this maximize your profits?
| CHARGES | Intraday | Delivery | Options | Futures |
| Brokerage Charges | ₹20 on every completed order or 0.02% of the gross turnover, whichever is lower. | Lower of the two per executed order- 0.2% or ₹20. | ₹20 for every fulfilled order or 0.02% of notional turnover, whichever is lower. | Lower of the two - 0.02% of the gross turnover or ₹20 on each successful order. |
| GST | 18% of Brokerage, CM & Transaction Charges. | 18% of Brokerage, CM & Transaction Charges. | 18% of Brokerage, CM & Transaction Charges. | 18% of Brokerage, CM & Transaction Charges. |
| SEBI Charges | 0.15 per Lakhs | 0.15 per Lakhs | 0.15 per Lakhs | 0.15 per Lakhs |
| STT | 0.025% of the Trade on Sell-side | 0.1% of the Trade | 0.05% of the Trade on Sell side Premium | 0.01% of the Trade on Sell-Side only |
| Transaction Charges | BSE - ₹1 per trade. NSE - 0.00325% of the trade. | BSE - Group A & B Shares: ₹1 per trade. Other Groups: 0.00275% of the trade. XC, XT, XD, Z & ZP: 0.1% of the trade. Group R & P: 1% of the trade. NSE - 0.00325% of the trade. | BSE - ₹1 per trade. NSE - 0.05% on Premium. | BSE - ₹1 per trade. NSE - 0.0019% of the trade. |
| CM Charges | Nil | Nil | Physical Delivery - 0.10%. NSE - 0.0075% of the trade on Premium. BSE - 0.0075% of the trade on Premium. | Physical Delivery - 0.10% of the trade. NSE - 0.00025% of the trade. BSE - 0.00025% of the trade. |
| Stamp Duty varies from state to state. |
SAMCO Trading Margin
Margins in trading with SAMCO are enormous. They claim to provide the highest leverage in the industry.
In addition to SAMCO trading margins varying for the full range of products, they provide leverage at even zero account balance & without maintaining any cash collateral ratio.
Once you are all set with the SAMCO account and want to trade, know about SAMCO Bracket Order. Bracket order or BO reduces the risk of loss in the upward movement of stock.
Know more about the meaning of bracket order in share market and shield your trade.
It is easy to calculate the SAMCO Intraday margin with the margin calculator available on their website.
| Trading Segments | Exposure |
| Intraday | Up to 33 times |
| Equity | Up to 4 times |
| Commodity | Up to 60 times |
| Currency Futures | Up to 100 times |
| Currency Options | For Option Writing, up to 2 times but no leverage for buying |
| Futures | For intraday, up to 80 times |
| Options | For Option Writing, up to 2 times but no leverage for buying |
SAMCO Trading Back Office
With the slight mention of SAMCO Star above, you have already read about the SAMCO back office.
Some of you would be puzzled as to what back office is. Allow me to clear this doubt.
The back office is the segment of the company that doesn’t deal with the clients or consumers but handles the administrative side of running a company.
Why would you need to reach out to them?
Easy. You would want to access your Demat account-related information or details of trading.
This portal of SAMCO will provide them.
Conclusion
SAMCO trading options have been helping a vast consumer base. Even with these numbers, SAMCO doesn’t want to stop here. It believes in making trading so simplified that even newbies are not lost. This is done at minimal costs possible.
A brokerage firm that aims to make the life of a trader easier is certain to grow at a brisk pace.
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