Choosing a best demat account that suits your requirement is an important task. Best demat account should be loaded with features that make it convenient for users to operate the demat account and also should be trustworthy, Since investors like you would want to hold their securities like shares, mutual funds etc only in the best demat account in India.
Samco is one of the India’s best demat accounts that provides Z grade security for your demat account.
17 reasons why you should open Demat and trading account with Samco - india’s best Demat account!
Z grade security for your Demat account
- Very well capitalised
- Like a Bank, a Demat account service provider is a custodian of an investors hard earned money kept in the form of financial assets. It is very important that a Demat account service provider is extremely well capitalised to ensure the safety and security of investor assets. Samco is extremely well capitalised with over Rs. 200 crores (INR 200,00,00,000) in net worth to provide safe, secure and stable Demat account services to its account holders.
- Safe and Secure
- Besides being well capitalised, it is very important that a Demat service provider is compliant with all SEBI regulations. At Samco, we take the safety and security of your assets very seriously and ensure that all compliances pertaining to account maintenance, data security, anti-theft are tightly complied with. This ensures completely safety of the assets in your Demat account.
- Trusted by over 200000+ Indians across India
- Over 200000+ investors from over 4000+ cities hold their securities with us with over a one and halfbillion dollars (10000 Crores+) in assets. Join this growing community of India’s smartest investors.
- Best governance practice - No proprietary trading
- One of the most important governance practices that should be followed by a Demat account service provider to provide best Demat account services is complete transparency and zero conflict of interest.At Samco, we take governance very seriously and ensure that we are never on the other side of a clients trade. As an entity, Samco Securities doesn’t do any proprietary trading and ensures the highest standards of governance for its customers.
- Straight through processing of stock purchases with Direct Pay-out of securities
- To ensure the highest level of transparency for our customers and investors, we are one of the few brokers which enables direct pay-out of securities. What does this mean? As a standard practice, when stocks are purchased by clients, most brokers first take custody of securities in their pool/settlement account and then from the settlement/pool account, they transfer the stocks to clients individual Demat accounts. At Samco, we have enabled straight through processing of stocks with Direct Pay-out such that securities are directly transferred to the investors account directly by the exchange without transferring them to the brokers account. This is much more advantageous to investors since shares are directly credited from the exchange and the credits happen much faster.
- Awarded India’s Best Equity Broking House
- Samco was recently awarded the “Best Equity Broking House” by India’s leading business channel CNBC. The parameters for the award were growth, profitability, socially conscious and sustainable business. We continue to strive hard to provide our customers with the best services. Open a Demat account with us today!
Features and benefits
- Holding Mutual funds in Demat mode
- Most platforms till date allow investments of mutual funds in a non Demat physical form. At Samco, an investor can select their preferred mode of transacting and hold Mutual fund units in either Demat form or in a physical statement of account held by the RTAs.
- Margin Pledging for Trading Limits
- One of the most important facilities for qualification as a best Demat account is if customers can pledge their securities and avail trading limits against those shares. With Samco’s StockPlus facility, customers can seamlessly pledge their stocks and avail trading limits against shares
- Instant updates for all your Demat stocks and holdings
- One of most important things for an investor is to completely stay on top of his investments. Samco is simply one of India’s best Demat accounts because it’s superior App StockNote keeps investors up to date with everything that’s happening with their stocks. If a company has announced a dividend, you’ll know first. If a company has announced a corporate action or its financial results, you’ll know instantly.
- Best Demat account for beginners with ready-made Stock Baskets for investments
- Are you new to the markets and need help with Investing? One need not go too far with! Along with Samco’s best Demat account, comes free unrestricted access to StockBasket – a platform that helps you invest in the best shares for the long term.
- Free paperless online Demat account opening
- Opening a Demat and trading account at Samco is completely free as compared to other platforms that usually charge between Rs. 200 to Rs. 700 to open an account.
- Zero Annual maintenance Charges for 1st year
- Samco doesn’t charge any annual maintenance fee for the first year of the account. That results in immediate savings of Rs. 400 for investors in the first year.
- Lowest costs for trading and Demat account
- Samco’s transaction charges and brokerage are the lowest in the industry. Check out detailed Demat account charges.
- Zero percentage brokerage
- One of the reasons why Samco is the best Demat accountis that Samco charges zero percentage brokerage for trading and instead charges flat Rs. 20 per executed order irrespective of the size of the order. This results in savings of up to 98% in brokerage as compared to other platforms. Check out our brokerage calculator.
- Interest Savings with Buy today and pay in two days
- Samco is the only flat fee brokerage in the country that allows investors to buy stocks today by paying a fraction of the margin and pay the balance for purchase in 2 days. That too – completely free of cost. This results in huge savings in interest for the customer making Samco truly the best Demat account in India. Check out our interest and brokerage savings calculator.
Uptime and availability
- State of the Art Infrastructure
- At Samco, we’ve invested in the best infrastructure to ensure that our services are available with 99.9% uptime with negligible downtime. This means that you can access your accounts at all times from the comfort of your homes.
- World class support
- We have one of the country’s best support team with a 24 hour TAT for 100% resolution rate. You can reach out to our customer supportby calling our helpline numbers or raising a support ticket on www.samco.in/support