Trisha Shetty (Editor)

SAMCO Securities

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Number of locations
  
India

Location
  
India

Founded
  
1993

Website
  
www.samco.in

Headquarters
  
Mumbai

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Industry
  
Discount Broking Stock Broking Commodity Broking

Products
  
CashPlus Option Fair Value Calculator Risk Advisor Data Bank Stock Ratings

Services
  
Equity Trading Commodity Trading Currency Trading Derivatives Trading Demat Services

Parent organization
  
Samruddhi Finstock Pvt Ltd

Best discount broker for trading in indian stock commodity markets samco securities


SAMCO Securities is a Mumbai-based online discount broker and the execution broker for the Indian Trading League. It offers retail broking solutions using a flat fee model at Rs. 20 per transaction on India’s leading Stock Exchanges (NSE, BSE, MSEI, MCX and NCDEX) across stocks, futures, options, currencies and commodities. Commodity transactions are routed through SAMCO Commodities Ltd, a wholly owned subsidiary. The Company has set up a service center in Ahmedabad City of Gujarat.

Contents

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History

The firm was established in 1993, was previously known as Samruddhi Stock Brokers Limited. In 2015, the company changed its name to SAMCO Securities Limited. In the same year, it launched the Indian Trading League (ITL), India's only commodity and stocks investment and trading league.

In February 2016, SAMCO Securities became the first discount broker in India to offer a margin funding facility with its "Cashplus" product.

References

SAMCO Securities Wikipedia