No. If you place one order and it gets executed in parts, brokerage is typically charged as one executed order* Note: This is not applicable if you place a bracket order
Is GST applied on all charges?
GST (18%) applies on brokerage and exchange feesGST is not charged on STT Stamp duty is a separate government levy All of these are added on top and visible in your contract note.
Are there AMC (Annual Maintenance Charges)?
• ₹0 AMC for the first year on your Demat account.• From the second year onwards: ₹400 + GST for Individual Demat accountsHigher for non-individual accounts (e.g., corporate) This keeps your first year cost-free while you get started.
How much does it cost to open a Samco account?
Samco offers ₹0 account opening charges for Trading & Demat accounts. This means you can start investing and trading without paying any upfront fee to open your account.
Are there any hidden charges?
No hidden charges. However, apart from brokerage, the following statutory charges are applicable: STT (Securities Transaction Tax) Exchange Transaction Charges SEBI Charges GST (on brokerage & exchange charges) Stamp Duty (as per state rules) These are government/exchange-mandated and applicable with all brokers.
Is brokerage charged on both buy and sell?
Yes. Brokerage is charged per executed order, so: ₹20 on buy ₹20 on sell Total = ₹40 for a complete round trade (if applicable).
What is meant by “per executed order”?
You are charged only when your order gets executed. If you place an order and cancel it before execution, no brokerage is charged. If one order is partially executed in multiple parts, it is generally treated as one executed order (Ex Bracket Order)
How can I open an offline individual account?
If you prefer to open an Individual account offline, you may do so by submitting the duly filled physical Account Opening Form along with the required self-attested documents. Step 1: Fill the Form Download and complete the Individual Account Opening Form. Ensure all details are filled correctly and signatures are […]
Can Samco support be reached from an unregistered number?
Yes, you can contact Samco Support even from an unregistered mobile number. However, for security and verification purposes, you will be required to confirm your identity. Please keep the following details handy: Client Code MPIN
Does Samco have any account opening charges?
No, Samco does not charge any fee for opening a Trading or Demat account. Your account opening is 100% free, and you can complete the entire process online without paying anything upfront. Once your account is activated, you only pay the statutory charges applicable during actual trading or investing, such […]
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