Samco App Review – Top Features, Charges, Benefits, Download, Login & more
The Samco app offers efficient trading and investment options. The Samco trading app is notably user-friendly.
In addition, it offers quick access to markets. The application also supports a wide array of trading alternatives.
Moreover – investors appreciate the app because of its robust immunity features and low brokerage fees.
It works as a suitable platform for new and experienced traders.
Want to learn more about this app’s features, benefits, and usability? Delve deeper into this honest Samco app review and find all your answers.
About Samco Mobile App
The Samco app is a dynamic trading platform. It’s known for its wide range of features. Samco Securities built this application and it’s powered by MyDEX Technology.
The application follows the PerforMAX strategy. The app aims to help its clients in tracking and boosting their stock market performance.
In addition to trading and investment, the app also helps with market updates and stock analysis.
Interestingly, using this app, you can engage in equity, commodity trading, and currency. Additionally, Samco Mobile App provides access to IPOs and mutual funds, making it a popular choice for various types of investors.
The app allows you to leverage the benefits of margin products like ‘StockPlus’ and ‘CashPlus.’
These products help enhance your buying power. Furthermore, the app comes with low brokerage costs. Besides, it features an user-friendly interface.
The app also includes advanced charting tools and real time market data. They allow you to make informed trading decisions.
Samco App: Top Features
When drafting this Samco mobile app review, a bunch of interesting features stole the spotlight. Here’s they are broken down into bite-size pieces –
User-friendly interface: Firstly, this CRP platform/ trading application may exceed your expectations when it comes to navigation and interface – they are intuitive and seamless.
However, to avoid occasional glitches, you may need to update the app regularly. Clients appreciate it for its promising convenience and utility.
Customizable watchlist: Do you often struggle with keeping track of your favorite stocks? If yes, the Samco Trading App may be ideal for you.
Thanks to its customisable watchlist feature – you can easily keep an eye on your preferred stocks. You can even place a trade directly from the news feed.
Advanced charting tools: Trading becomes handier when your app equips you with advanced and interactive charting tools.
This app excels in this parameter. It boasts effective and interactive charting tools with 100+ indicators.
Guest user : If you want to get an idea about how Samco app works, without signing up as a customer, you can use its guest user feature.
Here, you don’t need to register as a member but you can browse through the app’s functions and offerings.
Seamless integration: Interestingly, this app seamlessly integrates with Samco’s other tools and platform. This easy integration ensures a cohesive trading experience.
Portfolio management tools: Furthermore, the app comes with tools for reviewing and managing portfolios. These tools allow you to keep track of your investments and make desired adjustments.
Margin trading: With this app, you can access margin trading facilities through ‘CashPlus’ and ‘StockPlus.’
As such, these tools allow you to trade many times over your available capital. This eventually increases the potential for higher returns.
Top-notch customer support: It’s pretty much common for new traders to feel lost when carrying out complex trading activities.
Experienced traders may also need help with transactions at times. Samco understands this concern of their users – hence, they offer excellent customer support.
You can reach out to the Samco team via multiple channels. They include live chat, phone, and email. The email id to drop your query/complaint is [email protected].
To reach Samco via call, dial +91-222-2777. That said, help is just a tap away!
Educational resources: Additionally, the Samco app features a wealth of educational resources like webinars and tutorials.
These resources can help you understand the basics of trading. You can also advance your trading skills by leveraging them.
Easy order placement: Now that you are using this app, you don’t need to pass through complicated order placement processes.
With just a few clicks, you can place your order and capture rising market opportunities.
Low brokerage: A trading platform’s appeal lies in its brokerage fees, indeed. The lower the brokerage, the more popular the platform is.
Samco prioritizes this fact. Thus – it helps you minimize your trading costs with notably low brokerage fees.
Access to IPOs and mutual funds: Thanks to this app’s multifaceted approach to trading – you can enjoy direct access to Initial Public Offering (IPOs) and mutual funds.
In fact, these are fantastic options for long-term investments. In addition to IPOs and mutual funds, you can enjoy trading across various segments including currency, derivatives, equities, and commodities.
This way, you can access ample opportunities to diversify your portfolio.
Overall – the Samco mobile app is a comprehensive trading tool. It blends simplicity and functionality. Besides, it gives you everything to carry out successful trades.
Moreover, you can easily manage your portfolios and get market updates through the application.
How to Download Samco App & Invest in It?
| Android App | Download Samco Android App |
| iOS App | Download Samco iOS AP |
The first step to begin investing with Samco is the Samco app download. Here’s how to do it.
Step 1: Visit the app store/ Google Play Store
Firstly, open the App store if you are using an iPhone. If you want to download the app on an Android device, go to Google Play Store.
Step 2: Search for Samco
Next, type ‘Samco’ in the search bar. This will bring up the app.
Step 3: Download and install
Now, click on the ‘get’ or ‘install’ button to download the app on your phone.
Step 4: Open the app
After getting the app, open it. Once you open, you will see the option of signing up or logging in. If you are a new user – register with required details.
On the other hand, if you already have an account, simply log in using your credentials.
Step 5: Complete KYC
Importantly, complete the KYC process. This is mandatory for investing.
Step 6: Add funds
Now you can add funds to your account using the app. After adding funds, you can check the investment options available and start trading.
How to login Samco App and use it for Trading?
Using the trading app starts with a simple Samco trading app login process. Simply follow the steps given below to log in and start trading.
Step 1: Open the app
Firstly – open the Samco trading app on your mobile device.
Step 2: Enter your details
Secondly, on the login screen, put in your registered email id or user id.
Step 3: Input password
Once done, type in your password. Notably, the app may ask you to complete a two-factor authentication for added security.
Step 4: Access dashboard
After logging in, you will see your dashboard. Here, you can check your portfolio, market updates, available balance, etc.
Step 5: Search your options
Next, you can look at your trading options. For instance, you can choose to trade in commodities, currencies, and stocks.
Step 6: Place orders
Now you are all set to place orders. Simply select the ‘trade now’ option. You can choose the asset you wish to trade. You can also put in the quantity and finally you can submit your order.
Step 7: Monitor and modify
Now, wait for the big moment. That said, you just need to monitor your open positions. Besides, you may need to modify or close them when required.
Step 8: Set alerts
Next, you can set up alerts for your chosen stocks and other assets. This will help you stay informed about important price movements.
Step 9: Find additional features
When you are done with the basics, you can look for additional features like margin trading or charts. Once you learn to use them, you may make better trading decisions.
Samco App Charges
| Account Opening Charges | Free |
| AMC | Rs.350 per Year (1st Year Free) |
| Equity Delivery | Rs.20 per Trade or 0.5% (Whichever is Low) |
| Equity Intraday | Rs.20 per Trade or 0.05% (Whichever is Low) |
| Equity Future | Rs.20 per Trade or 0.05% (Whichever is Low) |
| Equity Option | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade or 0.05% (Whichever is Low) |
| Commodity Option | Rs.20 per Trade |
| Currency Future | Rs.20 per Trade or 0.05% (Whichever is Low) |
| Currency Option | Rs.20 per Trade |
Samco app charges are cost effective. Notably, the platform charges a brokerage fee of Rs.20/- per order. This charge doesn’t have anything to do with the trade size or segment.
This may help you save a lot in brokerage. Moreover, the annual maintenance charge is zero for the first year.
From the next year, you will have to pay Rs.400/- towards annual maintenance. Notably, corporates will have to pay Rs.800/- AMC from the second year.
The demat account charges for transactions looks like the following –
- 10/- per transaction in same DP
- .02% per transaction or Rs.25/-, whichever is higher for the other DP
- The demat plus courier charge is Rs. 10/- per certificate and Rs.50/- per courier request
Apart from the ones mentioned above, the account levies a remat charge. This is equivalent to the actual CDSL charges plus courier charges ($50 per request).
For pledge invocation, you will have to pay Rs. 60/- per ISIN. There is no charge for pledge creation confirmation and failed transactions.
If you are curious about the updated Samco transaction charges, here are the details:
- Equity delivery: NSE Rs.345/Crore | BSE Rs.345/crore
- Intraday: NSE Rs.345/Crore | BSE Rs.345/crore
- Equity futures: NSE Rs.200/crore | BSE Rs.100/crore
- Equity options: NSE Rs.5300/crore | BSE Rs.100/crore
- Currency future: NSE Rs.90/crore
- Currency options: NSE Rs.3500/crore
- Commodity: Non agri Rs.260 | Agri Rs.275/crore
Benefits of Samco Trading App
Samco trading app offers the following benefit –
- 100% digital process, hence paperless entry
- No AMC for the first year
- Intuitive app with great features
- Neat and clean user interface
- Quick order placements
- Overseen and maintained by Giga Trading Engine
- Just a few taps does your job .
Samco App Review – Conclusion
Now that you have gone through this Samco app review, it’s time to take a wise call.
Before you start your trading journey, remember, an app like Samco can always ensure a seamless and satisfactory trading experience on the go.
Moreover, you get the opportunity to stay updated about current market trends, which allows you to make informed decisions.
However, before you put your money in, understand the risk factors and analyze your appetite. Good luck!
FAQs on the Samco App
Here is a list of the most searched questions regarding the Samco App.
What is Samco Mobile App?
The Samco Mobile App is a trading platform. It allows users to buy and sell stocks, derivatives, and other financial instruments.
How to earn money from Samco Trading App?
Users can earn money on the Samco Trading App by trading stocks, derivatives, and commodities. Consequently, they can profit from market movements.
Is Samco App Trusted?
Yes, the Samco App is generally considered reliable. Moreover, it is registered with major Indian regulatory bodies like SEBI.
How to change KYC details in Samco App?
To change KYC details in the App, users first need to log in to their account. Then, they can submit the necessary documents through the app or contact customer support.
What is the use of the Samco App?
This App is used for trading in the stock market. Additionally, it allows investing in mutual funds and managing portfolios from mobile devices.
How to refer from Samco Mobile App?
Users can refer others to the Samco Mobile App by sharing their unique referral code found within the app. This action often provides benefits like free trades or bonuses.
Is F&O trading available on the Samco app?
Yes, futures and options (F&O) trading is available on the App. This feature allows users to trade derivatives.
How to add a nominee to Samco Trading App?
To add a nominee to the Samco Trading App, users need to fill out a nominee form available in the app. After that, they must submit the required documents.
Is Commodity Trading available in the Samco App?
Yes, commodity trading is available in this App. This enables users to trade various commodities like gold and oil.
Who is the Founder of Samco Investing App?
The founder of this App is Jimeet Modi. He established the platform to provide accessible trading solutions.