Samco Review

An important step in investing in the stock market is deciding which stockbroker to use. It has the ability to significantly impact your investment returns, trading experience, and overall satisfaction. So, in today’s article, we will talk about a comprehensive review of Samco, which is one of the leading stockbrokers in India. To help you make an informed decision, we will assess numerous factors such as brokerage fees, customer support, trading platform, and much more.


Samco is a Private company headquartered in Mumbai, India which is founded in 2015 by Vipul Modi. Samco is a Discount Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Full Service brokers. However, it is vital to note that Samco work as a Full Service brokers because it offers thorough investment advice and complete stock analysis to its clients. Samco is an NSE and BSE-listed company with over Zero branches in India.

Broker TypeDiscount Broker
Type of companyPrivate
HeadquarterMumbai, India
FoundersVipul Modi
Foundation Year2015
Supported ExchangesBSE, NSE, MCX, NCDEX
Total branchesZero

Samco Account opening charges

You need to open a demat account and a trading account, to start trading with Samco. So, to open a trading account with Samco, you need to pay a fee of Free. However, the trading annual maintenance charges of Samco are free. And Demat annual maintenance charges are Free. There are also no fees for margin money or transfers from an offline to an online account. And Samco is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).

Account Opening and Demat ChargesSamco
Trading Account Opening ChargesFree
Demat AMC (Annual Maintenance Charges)Free
Trading AMC (Annual Maintenance Charges)Rs.400 per annum
Margin MoneyZero
Offline to Online ChargesNot applicable

Samco Brokerage Charges

Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Samco brokerage charges for various segments:

  • Equity delivery: There are no fees for equities delivery trades with Samco This implies you can invest in equities without paying any brokerage charges.
  • Equity intraday: Samco charges a brokerage fee of 0.02% or Rs.20 per order.
  • Equity futures: The brokerage cost for equity futures is 0.02% or Rs.20 as well.
  • Equity options: Samco charges a brokerage fee of Rs.20 per lot for trading equity options.
  • Currency: Unleash your trading potential with Samco’s dynamic 0.02% or Rs.20 charges.
  • Commodity: For commodity options trading, Samco charges a brokerage fee of 0.02% or Rs.20.

Equity Brokerage Charges

Equity Brokerage ChargesSamco
Equity Delivery Brokerage0.2% or Rs.20
Equity Intraday Brokerage0.02% or Rs.20
Equity Futures Brokerage0.02% or Rs.20
Equity Options BrokerageRs.20 per lot

Currency Brokerage Charges

Currency Brokerage ChargesSamco
Currency Futures Brokerage0.02% or Rs.20
Currency Options BrokerageRs.20 per lot

Commodity Brokerage Charges

Commodity Brokerage ChargesSamco
Commodity Options Brokerage0.02% or Rs.20

Samco Other Charges

  • Minimum brokerage charges: At Samco, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a As per Transaction.
  • Transaction brokerage charges: A transaction brokerage fee of 0.00325% of Total Turnover is to be paid by a customer.
  • SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0002% of Total Turnover charge.
  • Stamp duty charges: The total amount of stamp duty charged is determined by the state and the type of asset.
  • GST charges: GST is charged at 18% of (Brokerage + Transaction Charges).
  • STT (Securities transaction tax): STT is levied at a rate of 0.0126% of Total Turnover by Samco.
  • Call and trade charges: If you use call and trade service, the charges of Samco are Rs 20 per executed order.
Other Brokerage ChargesSamco
Minimum Brokerage ChargesAs per Transaction
Transaction Brokerage Charges0.00325% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesRs 20 per executed order

Samco Equity Leverage

Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Samco offers Upto 5x times leverage on equity delivery, Upto 10x times leverage on equity intraday, Upto 5x times leverage on equity futures, and No times leverage on equity options.

Here is the leverage provided by Samco:

Equity LeverageSamco
Equity DeliveryUpto 5x
Equity IntradayUpto 10x
Equity FuturesUpto 5x
Equity OptionsNo

Samco Currency Leverage

Samco also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 5x times and Currency Options No times.

Currency LeverageSamco
Currency FuturesUpto 5x
Currency OptionsNo

Samco Commodity Leverage

Samco offers Upto 5x leverage for commodity trading.

Equity LeverageSamco
CommodityUpto 5x

Samco Offers

Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Samco gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.

Free Stock Trading AccountNo
Free Demat AccountYes
Flexible PlansNo
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Samco Features

  • Full Service Brokers:Samco, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of As per Transaction executed, regardless of trade category, size, or exchange. They also offer Upto 10x trading leverage.
  • Range of Investment Products: Samco is a one-stop shop for all of your financial investment requirements. It allows you to trade stocks, commodities, and currencies on the BSE, NSE, and MCX. It also provides investment opportunities in mutual funds, SIPs, gold, peer-to-peer lending, initial public offerings (IPOs), and currency trading.
  • Subscription Plans: Samco paves the way for a personalized trading experience with its exclusive selection of subscription plans: the Basic Pack, Power Investor Pack, and Ultra Trader Pack. These services include a variety of features and perks, such as lower brokerage fees, research advisory, free trades, and specialised customer support.
  • Research and Advisory Services: Samco differentiates out by offering comprehensive research and advising services. It provides solutions for both short-term and long-term investment ideas, as well as derivative methods and portfolio-based investment ideas. The platform also includes a portfolio analyzer tool for evaluating the overall performance of all your investments.
  • Margin Funding: Samco provides margin funding services. These can be used to make partial payments on cash segment transactions. Samco lends the remaining balance at a low interest rate.
  • Mobile Trading App and Trading Platforms: Samco provides an easy-to-use mobile trading app, as well as a web-based trading platform and an installable trading terminal. These platforms provide flawless trading experiences and are built with cutting-edge technology. The mobile app gives users access to trading, robo-advisory, and a variety of investment choices.
  • Demat Account Services: Samco offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
  • Low Charges: Samco is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Samco’s 0.02% or Rs.20 brokerage fee and exclusive value-add packs for enhanced benefits. 5Paisa also provides free account opening and no-brokerage mutual funds.
  • Algo Trading and Robo Advisory: Samco provides robo-advisory and algo trading services to its clients. These services enable in the automation of trading strategies and provide tailored investment advice based on risk profiles and expected returns.
  • Customer Support: Samco offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 10x
Mutual FundsYes
SIP (Systematic Investment Plan)Yes
Forex TradingNo

Samco Advisory Services

The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Samco offers research papers with the top recommendations, which are developed by industry specialists. On their website, Samco also offers annual reports, as well as daily market reviews and weekly reports.

Fundamental ReportsNo
Research ReportsYes
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsNo
IPO ReportsNo
Top PicksNo
Daily Market ReviewNo
Monthly ReportsNo
Weekly reportsNo
Offline AdvisoryNo
Relationship ManagerNo

Samco Trading Platforms

To fulfil the various needs of its consumers, the Samco trading software comprises a number of trading platforms. It was built on the IIFL trading platform, and clients have trusted it for more than two decades now. A web browser-based platform, mobile app and an installable desktop trading application are the three types of trading platforms.

Desktop Trading PlatformsSamco
Desktop BrowserYes

Samco Mobile App

Samco offers mobile trading through the Samco app, including BSE/NSE trading and robo-advisory services. This app is compatible with iOS, Android, and mobile browsers. With the software, users are able to buy stocks, trade futures and options, and invest in mutual funds, exchange traded funds, bonds, and other investments.

Mobile AppSamco
Mobile BrowserNo
Android AppYes
iOS AppYes
Windows AppNo
Other Mobile OSNo

Samco Customer Support

  • Online trading support: Samco can assist customers with online trading. A range of trading platforms are available for traders, including mobile apps, online browsers, and desktop programs.
  • 24*7 support: Samco offers its consumers 24-hour support. The customer service team is available and accessible 24/7, which means you can contact them at any time, even during non-business hours.
  • Email support: Customers can contact Samco5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer SupportSamco
Relationship ManagerYes
Offline TradingNo
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support BranchesS

Samco Complaints

Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 89 BSE complaints, of which 56 have been resolved, which amounts to 62.92 % in percentage terms. And, when it comes to NSE complaints, there are 114 of them, with 78 of them resolved, for a percentage of 68.42 %. And the percentage of BSE/NSE complaints resolved is 65.67 %

The table below highlights the complaints acquired by Samco.

BSE ComplaintsSamco
BSE Complaints89
BSE Resolved Complaints56
Percentage of resolved BSE complaints62.92 %
NSE Complaints114
NSE Resolved Complaints78
Percentage of resolved NSE complaints68.42 %
BSE/NSE Complaint vs. Resolved Percentage65.67 %


In conclusion, Explore Samco’s intuitive platforms for a diverse range of trading and investment opportunities, tailored to your needs. It is one of the best possibilities for investors, with low prices and a wide range of investment prospects. However, the absence of comprehensive customer support, as well as the number of consumer complaints, are cause for concern. In light of all the features and user experience, Samco can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.