Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

SAMCO

India|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.samco.in

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Venezuela 3.29

Surpassed 39.93% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+91 022-2222-7777
grievances@samco.in
https://www.samco.in
1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013, Maharashtra, India.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed SAMCO also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

KCM Trade

7.73
Score
5-10 yearsStraight Through Processing(STP)MT4/5 full license
Official website

HFM

8.25
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

SAMCO · Company Summary

General Information

SAMCO presents itself as a discount stock broker and commodity broker based in India that provides its clients with unique trading platforms, leverage up to 4x, various tradable assets, as well as many different trading and analytical tools.

Market Instruments

SAMCO advertises that it offers a wide variety of trading instruments in financial markets, including stocks, futures, options, mutual funds, derivatives, currencies, commodities, IPOs, mini portfolios and more.

Account Types

SAMCO says to provide its clients with free Samco online trading and demat account. The broker charges flat ₹20/order for every clients, or 0.20% for equity delivery trades, or 0.02% for intraday trades and F&O trades.

Leverage

SAMCO claims to offer delivery leverage up to 4x. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Trading Platform Available

When it comes to trading platforms available,SAMCO gives traders three choices: SAMCO Trader, SAMCO Web 5 and SAMCO mobile application. SAMCO Trader has desktop version for windows. SAMCO Web 5 is advertised as an HTML platform to place traders orders on the move, available on web, tablets and mobile devices.While with SAMCO mobile application, trading can be done from anywhere and at any time through right mobile terminals like iOS and Android.

Trading Tools

There are many trading and analytical tools provided by SAMCO, which include but are not limited to Margin Calculator & SPAN Calculator, Brokerage Calculator, Samco option value calculator, Pledge Monitor, SAMCO Ratings Tool and more. Margin Calculator & SPAN Calculator can be used to calculate margin requirements for option writing or shorting or for multi-leg F&O strategies while trading equity, F&O, commodity and currency before taking a trade. While Brokerage Calculator can help traders calculate entire brokerage costs and other transaction costs for trades. More detailed information about tools can be found on this brokers official site.

Deposit & Withdrawal

SAMCO accept payment methods via Payment Gateway on the SAMCO Trader or Back office, NEFT/RTGS, depositing a cheque in your trading account or directly calling this broker to deposit or withdrawal.

Customer Support

SAMCOs customer support can be reached through telephone: 02222227777, 02245030450, email: support@samco.in, grievances@samco.in. Besides, you can also follow this broker on some popular social media platforms such as Facebook, Twitter, Instagram, LinkedIn and YouTube. Company address: 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013, Maharashtra, India.

Broker Information

Company Name

SAMCO Securities Limited

Company Abbreviation

SAMCO

Regulatory Status

No Regulation

Platform registered country and region

India

Company website
Company address
  • 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013, Maharashtra, India.

Linkedin
WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • grievances@samco.in

Company Summary

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com