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SAMCO is a low-cost online discount broker with a simple pricing model that offers online trading and investment services across Equity, F&O, Commodity, Currency, IPO, mini portfolios, and Mutual Funds. The broker has a standard brokerage plan for all its customers. SAMCO also offers research and recommendations and margin against shares.
SAMCO is well-known for its ultra-low brokerage charges. SAMCO offers 100% brokerage cashback for the first month as a welcome bonus. The maximum brokerage charged by SAMCO is Rs 20 per order to trade across any segment. In addition to the brokerage, an investor also needs to pay various other transaction and regulatory charges, Demat charges over and above the brokerage.
SAMCO also has an online brokerage calculator that helps calculate the brokerage charges and other trading costs like STT, Stamp Duty, SEBI Turnover Fees, Exchange Transaction Charges, and GST. SAMCO brokerage calculator also helps to calculate the points to break even and compare SAMCO costs with a traditional broker.
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 (Free) |
| Demat Account Annual Maintenance Charges AMC | Rs 400 |
Customer pays a commission (brokerage) when buying or selling stocks through SAMCO. The brokerage charges for equity, commodities and currency derivative trading for SAMCO are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | NA |
| Equity Delivery | Rs 20 per trade or 0.50% (whichever is lower) |
| Equity Intraday | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Futures | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Options | Rs 20 per trade |
| Currency Futures | Rs 20 per trade or 0.05% (whichever is lower) |
| Currency Options | Rs 20 per trade |
| Commodity Futures | Rs 20 per trade or 0.05% (whichever is lower) |
The Demat account transactions are charged separately from the trading commission. Find SAMCO Demat account charges 2026.
SAMCO Demat Charges
SAMCO trading and demat account opening fees are Rs 0 (Free). SAMCO charges Rs 400 per year demat account AMC. SAMCO demat debit transaction fee of ₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | ₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP |
| 3 | Annual Maintenance Charges (AMC) | ₹400 for Individual. ₹800 for Corporate. |
| 4 | Demat + Courier charges | ₹10 per Certificate plus Courier Charges ₹50 per request |
| 5 | Remat | Actual CDSL charges plus Courier charges ₹50 per request. |
| 6 | Pledge Creation | ₹60 per ISIN |
| 7 | Pledge Creation Confirmation | Nil |
| 8 | Pledge Invocation | ₹60 per ISIN |
| 9 | Failed Transactions | Nil |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
SAMCO charges government taxes and fees in addition to the brokerage. These SAMCO trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the SAMCO tax calculation.
| Tax SAMCO | Rates |
|---|---|
| |
18% on (Brokerage + Transaction Charge + SEBI Fee) | |
0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) | |
(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
It is a limited-time offer. Open Instant Account online and start trading the same day.
Information on this page was last updated on Wednesday, November 29, 2023
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