This broker has many strengths and advantages.
Flat Rs 20 per trade brokerage for all segments at BSE and NSE as well as MCX
Traders have access to excellent margin products.
Opening a paperless, instant account is free
Demat AMC is free for the first year (Rs 400 each year thereafter).
For the first month, 100% brokerage cashback
Research and Recommendation
Trading software that is reliable, efficient, and completely free.
You can also purchase add-on products such as StockBasket, KyaTrade and RankMF.
This broker has some shortcomings that need to be fixed.
Most online brokers charge Rs 20 per trade for Equity Delivery Trades. This service is free to customers.
Higher Demat AMC (Rs. 400 per annum).
No branch support.
We do not offer NRI Trading services.
There are no monthly unlimited trading plans.
Comparable to other brokers, pledge creation, closure, and invocation have high demat fees.
Call and trade are available for an additional Rs 20 per executed order.
One trading platform can only be accessed at one time
Additional subscription fees may be charged for add-on products such as StockBasket
Samco offers advanced trading platforms and analytic tools free of charge. There are several margin plans that can be purchased. The website offers educational content in the form of text and video tutorials. The traders also have the option to obtain a margin against shares.
The broker will provide for traders
Samco has a variety of margin plans available for traders.
Unique facility: BTPT (Buy Today, Pay in Two Days) allows clients to purchase stocks in delivery for a fraction of the price (margin), and then pay the balance in two days.
A risk analyzer (Risk Monitor), which tells how much risk the trader has taken, can help in reducing the imbalance, and it also helps with sectoral allocation, over-diversification, unrated stocks, etc.
Caution stock monitor list reduces the risk of Pump & Dump scams by false research callers and thus reduces market risk.
The broker will provide for investors.
Samco customers have exclusive access to the 'Stock Basket'. This pre-created stock basket includes research-backed recommendations from experts.
Samco gives the stock a rating from 'AAA to 'Penny' in order to help investors evaluate the quality of their stocks.
Another tool is the 'SAMCO risk Adviser', which helps reduce risk exposure by reflecting on weaknesses in an existing portfolio.