Trade all Securities, anytime & anywhere, at Flat Rs 20 per executed order.
Zero Account opening cost & Zero Demat AMC for 1st Year.
Enjoy 100% Brokerage Cashback on all trades done on the StockNote platform for the 1st month.
Create wealth with the expert-curated ready-made group of stocks with the long-term buy & hold investment platform StockBasket.
Know the Ratings and Rankings of all Mutual Fund schemes in India & Invest in those schemes with RankMF.
Get upto 100X F&O Leverage, upto 33X Intraday Leverage & 80X Commodity Leverage at NO additional cost.
Trade in Delivery, Intraday, F&O segments with our IntraPlus, CashPlus, StockPlus & OptionPlus leverage products.
Trade in NSE & BSE listed stocks through the StockNote app powered by the Giga Trading Platform.
Get dedicated customer support through our helpline number.
No unauthorized trades can take place from your account.
Brokerage & Other Charges | What Others Charge | |
---|---|---|
Buy Price | 100 | 100 |
Sell Price | 120 | 120 |
Quantity purchased | 10000 | 10000 |
Profit Earned | 2,00,000 | 2,00,000 |
Brokerage Paid | 6,600 | 40 |
Total Transaction Charges + GST | 3,696.77 | 2,515.97 |
Total GST and Charges | 10,296.77 | 2,555.97 |
Net Profit | 1,89,703.23 | 1,97,444.03 |
Extra Profit you earn | NIL | 7,740.8 |
We believe Stock trading should be easy and personalized. Information and research should be available to individuals just like it is to Institutions. That’s why we created StockNote, powered by our proprietary Giga Trading Engine to empower Individuals to trade and invest better.
Samco Securities is one of the leading discount brokers in India. Serving 1,00,000+ happy clients with State of the Art Trading and Investment platforms like StockNote, CashPlus etc. RankMF is yet another Mutual Fund Ranking and Investment Platforms for Retail Customers. Samco is also the Creator of Indian Trading League, India’s Only Stock Market Trading League.
Just like stocks which have free market, currencies too have free market so that they can be traded to determine equilibrium price, which earlier was not possible due to non convertibility on current. Currencies are the largest traded assets on this planet. Daily volume alone in the US Dollar is 1.9 Trillion Dollars. There are speculators, arbitrageurs and hedgers which make the market dance up and down on a daily basis.
Spot market is the retail market wherein the customer buys or sells currencies with the bank for immediate basis. The bank quotes a rate plus a spread on both sides for buying and selling the currency. The final quote may differ from bank to bank depending on loading policies of the banks.
Currencies are traded on Recognized Stock Exchanges and in Inter Bank market on large scale. The rate determination mechanism has now shifted on the stock exchange floors. The contract size on the exchanges for USD INR contract is 1000 dollars which are traded from 9am to 5pm from Monday to Friday, which are settled on the last Wednesday of every month as per the RBI reference rate on that day. Approximate margins charged by the exchanges are 2.5% of the contract value, tick size being Rs. 0.0025/-. You can check out the currency derivatives margin on the SAMCO website as well.
Samco’s support team are about providing superior customer experiences every
day.
Support is completely free of cost and our endeavour is ensure a quick resolution
to all your queries.
Contact Us
+91-22-22227777
| +91-22-61699000
Trade as you please on the NSE/BSE/MCX and MSEI. No conditions apply.