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SAMCO Brokerage, Other Charges, Leverage & Margin 2019

"Samco is very well known in the industry for its low-cost brokerage and account opening charges.Samco has very simple pricing structure. They offer Brokerage charge at 0.02% or Rs.20/trade whichever is lower".

SAMCO Equity Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.02% or Rs.20/Trade whichever is lower 0.02% or Rs.20/Trade whichever is lower
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSC : 0.00325%, BSE - For A Group and B Group Shares – 1 per trade BSE 0.00275% on buy trade & sell trade NSC : 0.00325%, BSE - 1 per trade on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAMCO F&O Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.02% or Rs.20/Trade whichever is lower Flat Rs. 20 per executed order
STT 0.01% On the Sell side 0.05% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSC : 0.00215%, BSE - 1 per trade on buy trade & sell trade NSC : 0.0575% on Premium, BSE ₹ 1 each on buy trade & sell trade
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAMCO Currency Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage 0.02% or Rs.20/Trade whichever is lower 0.02% or Rs.20/Trade whichever is lower
STT NA NA
Transaction / Turnover charges NSE: 0.00136% NSE: 0.0475%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

SAMCO Commodity Trading Charges 2019

Charges Commodity
Brokerage 0.02% or Rs.20/Trade whichever is lower
STT/CTT 0.01% on Sell (Not applicable on Agri Commodities)
Transaction / Turnover charges MCX - Non Agri:-0.0026%
MCX - Agri:- 0.00175%
NCDEX - A:- 0.0035% NCDEX - B:- 0.00125%
SEBI Charges 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

*Charges for special services

  • Samco Call and Trade charges would be applicable at the rate of 20 per executed order.
  • Requests for Physical contract notes would be charged at 20 per contract note plus applicable courier charges by Samco.
*CM : Clearing member charges

SAMCO Charges Explained

  • Securities / Commodities Transaction Tax : Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.
  • Transaction/Turnover Charges:Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.
  • Call & trade: Additional charges of ₹20 per executed order:
    • For orders placed through our support/dealing desk.
    • Intraday (MIS/BO/CO) positions squared off before market closing by our RMS team.
  • Stamp charges: Charged as per the state of the client's correspondence address.
  • GST:Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges:Charged at ₹15 per crore by Securities and Exchange Board of India for regulating the markets.
  • AMC (Annual maintenance charges) : Charged at ₹400/Year

Exposure or Leverage provided by SAMCO

Trade Type MIS Orders CO Orders
Equity _Intraday up to 3X to 10X on MIS orders up to 50X on CO Orders
Equity Future SAMCO offers 40% to 50% of NRML Margin for MIS Additional leverage for CO Orders.
Equity Options No Margin No Margin
Currency Future 50% of NRML Margin for MIS Additional leverage for CO Orders.
Currency Options SAMCO Currency Options - 50% of NRML Margin SAMCO Currency Options - 50% of NRML Margin
Commodities 40% of of NRML Margin for MIS Additional leverage for CO Orders.

*MIS : Margin intraday square

*CNC : Cash n Carry

What products can I trade with margin against shares with SAMCO?

A common question and requirements that clients ask for is can I get margin against shares with SAMCO? SAMCO offers 2 products being to enable clients to trade with margin against shares.

Exposure or Leverage

Particulars IntraPlus StockPlus
Suitable for Intraday Traders Intraday and Positional Traders
Product types allowed for trading BSE – CM, NSE – CM, NSE – F&O, NSE – CDS – MIS only BSE – CM, NSE – CM – BO and CO NSE – F&O, NSE – CDS – All product types permitted
Sale of Pledged shares Instant. Instant subject to live sale request which can be entered from SAMCO STAR Dashboard.
Subscription Fees Rs. 1000 + taxes Rs. 1500 + taxes
Interest applicable On Ledger Debit On Ledger Debit minus lower of (collateral value or 50% of F&O + CDS Margins)
Positions can be held for Intraday only. All positions must be compulsorily squared of prior to market closing No restriction. Positions can be carried forward as long as sufficient margin exists.
Checking Limits in SAMCO Trading Terminals "Collateral Value" field in trading terminals "Adhoc Margin" field in trading terminals
Pledge and Unpledge charges Rs. 60 per request per ISIN Rs. 60 per request per ISIN Instant Sale Requests – Rs. 90 per request per ISIN
Number of Stocks available for Pledge 800+ 800+
Restrictions on Unpledge Requests In case of Ledger debits or Sale of pledged shares In case of Ledger Debits or Pending Instant sell requests
Holdings view in SAMCO Trading Terminals Under "Collateral Quantity" Under "Withheld holdings Quantity"