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Samco Securities: per-order pricing, MTF interest and collateral controls

Samco Securities offers Indian exchange trading, demat services and API access. Its tariff combines per-order brokerage with separate statutory, depository and assisted-order charges. MTF and StockPlus are different financing arrangements; current policies specify corporate-action liquidation, long-lived GTT triggers and restrictions on dormant accounts.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

Samco Securities offers Indian exchange trading, demat services and API access. Its tariff combines per-order brokerage with separate statutory, depository and assisted-order charges. MTF and StockPlus are different financing arrangements; current policies specify corporate-action liquidation, long-lived GTT triggers and restrictions on dormant accounts.

  • Brokerage, DP fees and statutory levies are separate costs.
  • MTF interest is calculated on the funded amount and includes weekends and holidays.
  • The current MTF policy blocks new corporate-action exposure and can require closure by noon on the preceding business day.

Accounts and service model

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At a glance01

Published India-account tariff

Published India-account tariff
ItemCharge, before tax where applicable
Opening / platform₹0Source 1
First-year demat AMC₹0Source 1
Individual annual AMC thereafter₹400Source 1
Non-individual AMC₹800Source 1
Eligible BSDA holdingsUp to ₹4 lakh: ₹0; above ₹4 lakh to ₹10 lakh: ₹100Source 1

View full spreads & trading costs

Markets and instruments

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At a glance02

Products with different funding mechanics

Products with different funding mechanics
ProductEconomic structure
Cash deliveryFully paid shares and demat settlementSource 1Source 2Source 4
Exchange derivativesFutures/options margin and premium obligationsSource 1Source 2Source 4
MTFBroker funds approved share purchasesSource 1Source 2Source 4
StockPlusExisting unencumbered shares pledged for trading collateralSource 1Source 2Source 4

INR currency derivatives remain hedging products. RBI’s 10 October 2026 circular reduced the aggregate exchange documentation threshold to USD 5 million; that threshold is not permission for unhedged speculation.[13]

Trading and account costs

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At a glance03

Brokerage per executed order

Brokerage per executed order
SegmentPublished rate
Equity deliveryLower of ₹20 or 2.5%Source 1
Equity intradayLower of ₹20 or 0.25%Source 1
Equity futures / options₹20Source 1
Currency futures / options₹20Source 1
Commodity futures / options₹20Source 1

The delivery detail states 2.5%, while a headline elsewhere on the same page uses 0.25%. The detailed tariff is reproduced with this discrepancy visible.[1]

At a glance04

Additional service charges

Additional service charges
ItemPublished charge
Call-and-trade / RMS order₹50 per executed order plus taxSource 1
Pledge / unpledge₹30 per transaction plus taxSource 1
Payment gateway₹9 plus GSTSource 1
Physical-delivery brokerage2.5% of contract value plus GSTSource 1
Samco Prime₹999 monthly plus GST unless the published ₹1 lakh net-worth condition qualifiesSource 1

Statutory and exchange charges remain additional. NSE’s schedule separates SEBI turnover fees, buyer-side stamp duty and GST; they are not part of the ₹20 brokerage ceiling.[11]

At a glance05

Statutory charges, separate from brokerage

Statutory charges, separate from brokerage
ChargeRate and charging side
Equity-share delivery STT0.1% each sideSource 11
Equity intraday STT0.025% on saleSource 11
Securities futures STT0.05% on sale, effective 1 April 2026Source 11
Securities options STT0.15% of sale premium; exercise: 0.15% of intrinsic value, buyerSource 11
Stamp duty, buyerDelivery 0.015%; equity futures 0.002%; equity options 0.003%; currency derivatives 0.0001%Source 11
Other leviesSEBI ₹10/crore for non-debt securities; GST 18% on taxable broker servicesSource 11
At a glance06

MTF interest clock

MTF interest clock
QuestionPublished answer
Rate illustrated by current help0.05% per day on the broker-funded amountSource 3
Own contributionExcluded from the financed principalSource 3
Weekends and holidaysIncluded while financing remains outstandingSource 3
Same-day opening and closureNo MTF interest in the cited help exampleSource 3
PostingDaily; inspect the MTF ledger in the back officeSource 3

At the documented illustrative rate, ₹40,000 funded costs ₹20 for one day or ₹60 across three charged days. The calculation excludes brokerage, tax and pledge charges; an account-specific agreed rate can differ.[3][2]

At a glance07

StockPlus is not MTF

StockPlus is not MTF
TermPublished treatment
Eligible collateralFree, unencumbered holdings; not shares already financed through MTFSource 4
Cash ratioStockPlus advertises no compulsory 50:50 cash/collateral splitSource 4
Interest baseLedger debit less the smaller of eligible collateral and 50% of the higher peak/end-of-day exchange marginSource 4
Rate0.05% per day on the resulting chargeable debitSource 4
ReleaseUnpledging is restricted while the debit or margin use persistsSource 4

Platforms, orders and margin

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At a glance08

Current MTF limits and liquidation

Current MTF limits and liquidation
ControlPolicy
Client funding cap₹2.5 croreSource 2
Scrip cap₹1 crore aggregate exposure under the stated policySource 2
Shortfall windowCommunicated deadline of one to five trading days; emergency powers remainSource 2
Liquidation sequenceLIFO, then more-liquid holdings as describedSource 2
Corporate actionsNew exposure blocked; existing position can require closure by 12:00 on the prior business daySource 2
Cash conversionCNC conversion requires full funds and permitted workflowSource 2

The current policy also states that same-day opposite MTF/CNC trades do not automatically convert the existing product: MTF-sell/CNC-buy remains MTF, while CNC-sell/MTF-buy remains CNC. An older sell-and-rebuy workaround should not be treated as current policy.[2]

At a glance09

GTT trigger behaviour

GTT trigger behaviour
StagePolicy
Untriggered validityUntil triggered or cancelled; policy specifies 31 December 2099Source 8
Trigger eventActivates a standard exchange orderSource 8
Required inputsTrigger, side, quantity and priceSource 8
ExecutionSubject to prevailing market conditions rather than a guaranteed trigger-price fillSource 8
Corporate actionExisting GTT orders cancelled one day before the ex-date; client notified that daySource 8
At a glance10

API access

API access
CapabilityCompany-published scope
PriceFree Trade APISource 5
HistoryHistorical NSE equity and futures dataSource 5
StreamingWebSocket market data across segmentsSource 5
DevelopmentPython, Java, JavaScript and Node.js examples/supportSource 5
OrdersIntraday, carry-forward, AMO, delivery and bracket-related functions advertisedSource 5
At a glance11

StockPlus pledge and sale clock

StockPlus pledge and sale clock
RequestPublished processing
Pledge / unpledgeBlocked 16:00–19:00Source 4
Received by 16:00Processed that day; limits next trading daySource 4
After 19:00Processed next day; limits the day afterSource 4
Instant sale requestUsually 30 minutes during market hours; market orderSource 4
Instant sale fee₹60 per request plus GSTSource 4

Funding and withdrawals

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At a glance12

Withdrawal request and clock

Withdrawal request and clock
StagePublished treatment
RequestSamco app Wallet → Withdraw, or web Funds → WithdrawSource 6Source 7
DestinationPrimary registered bank account onlySource 6Source 7
BalanceCleared withdrawable cash, not total portfolio valueSource 6Source 7
Before 06:00Help page targets credit by 14:00 that working daySource 6Source 7
Later requestNext processing cycle; generally within 24 working hoursSource 6Source 7
Instant withdrawalsNot available in the cited help pageSource 6Source 7

Regulation and asset protection

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At a glance13

Indian account safeguards

Indian account safeguards
ControlDocumented distinction
Broker identitySamco Securities Limited; published SEBI INZ000002535Source 5Source 2Source 9
CollateralDepository pledge and approved haircuts; pledged value is not free cashSource 5Source 2Source 9
Funded sharesMTF collateral and financed positions are separately managedSource 5Source 2Source 9
Account inactivityTrading and fund movement can be restricted pending reactivationSource 5Source 2Source 9

Support and complaints

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At a glance14

Dormancy and reactivation

Dormancy and reactivation
ConditionPolicy
Inactivity windowApproximately 24 months, described as 725–730 daysSource 9Source 2
Activity consideredTrading, exchange IPO/MF/OFS/buyback activity and validated KYC updatesSource 9Source 2
Early flaggingCan occur shortly before the thresholdSource 9Source 2
RestrictionsNo trading or fund movement while dormantSource 9Source 2
Open MTF exposureMTF policy permits temporary activation to close positionsSource 9Source 2
At a glance15

Indian-market support

Indian-market support
PurposePublished contact
Customer care[email protected]; +91 91222 27777 / 022 4503 0450Source 12
Escalation[email protected]; 022 6908 0511Source 12
Compliance[email protected]; +91 89769 13041Source 12
HoursMonday–Friday, 09:00–18:00 ISTSource 12

Additional services

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Trade API enables programmatic order submission and data access; it does not itself grant discretionary management authority to an outside strategy provider. Samco Star is the back-office route for ledger reconciliation, including the daily MTF financing entries.[5][3]

Company and legal entities

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This profile covers Samco Securities Limited’s Indian exchange and depository relationship. International-stock pricing displayed elsewhere in the broader site is not merged into the domestic tariff without establishing its separate execution and custody arrangements.[1][5]

The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Samco Securities Limited

IndiaSource 5Source 2

No separate licence entry is recorded in this panel.

Follow the evidence

Sources & further reading

  1. Current brokerage and depository tariff SAMCO Securities · Accessed 26 Oct 2026
  2. Current margin trading policy SAMCO Securities · Accessed 26 Oct 2026
  3. How MTF funded-amount interest is calculated SAMCO Securities · Accessed 26 Oct 2026
  4. StockPlus collateral and debit interest SAMCO Securities · Accessed 26 Oct 2026
  5. Trade API capabilities SAMCO Securities · Accessed 26 Oct 2026
  6. How to request a withdrawal SAMCO Securities · Accessed 26 Oct 2026
  7. Withdrawal cycle and instant-withdrawal availability SAMCO Securities · Accessed 26 Oct 2026
  8. GTT policy, August 2025 SAMCO Securities · Accessed 26 Oct 2026
  9. Inactive-account policy, August 2025 SAMCO Securities · Accessed 26 Oct 2026
  10. Policy directory SAMCO Securities · Accessed 26 Oct 2026
  11. SEBI turnover fees, STT and other levies National Stock Exchange of India · Accessed 26 Oct 2026
  12. Support and escalation contacts SAMCO Securities · Accessed 26 Oct 2026
  13. RBI circular 25, 10 October 2026 Reserve Bank of India · Accessed 26 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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