- Full Service Brokerage: These are expensive for traders as they charge brokerage as a percentage of the Transaction size. They may offer advisory services. Their brokerage rates differ for the type of trading done i.e. Intraday or Positional & these charges can eat up a substantial chunk of Capital & profits of the Traders.
- Flat Fee Brokers or Discount Brokers: Discount brokers are primarily online brokerages - a relatively new concept in India, these Brokers offer a value proposition for traders as they charge a low fixed fee per trade, regardless of trade size or style.
what is your brokerage charges ?
Hi, I am looking for opening a trading account with Samco, before that need some understanding on the CO / BO on web platform.
Can I place the CO in web browser platform with limit price either in buy leg or sell leg or it will be in both legs.
Can I place the BO in web browser platform with limit price either in buy leg or sell leg or it will be in both legs.
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Say, I place an order for 100 shares of reliance and it get executed through 10 transactions of 10 shares each. What would be the brokerage in this case?
Dear Mr. Pramod, thank you for getting in touch with us. If you are purchasing entire 100 shares of Reliance in the single order, you would be charged 0.02% or Rs. 20 for intraday and 0.20% or Rs. 20 for delivery, as per executed order basis. If you are placing multiple order for the same script simultaneously, then the brokerage would be charged as per the execution of every single order.
We hope your queries have been resolved. In case you have any questions or need any help, please do contact us; we’re happy to help you. Thank you for your time. Have a great Day!
Say, I place an order for 100 shares of reliance and it get executed through 10 transactions of 10 shares each. What would be the brokerage in this case?
Dear Sir,
With regards to your query, we’d like to inform you that brokerage is charged on per executed trade. For a CNC trade, we charge 0.2% or Rs. 20/- whichever is lower.
For any other queries/information, you can mail us on support@samco.in or raise a ticket on https://www.samco.in/support, our executive shall assist you on the same.
Looking forward to serving you soon.
Thanks & regards,
Team Samco
Say, I place an order for 30 shares of hcltech and it get executed through 10 transactions of 10 shares each. What would be the brokerage in this case?
Hi Sandeep,
Glad you asked, Brokerage is charged per transaction meaning if your orders gets executed in 3 transactions so you will be charged 0.20% or Rs 20 whichever is less on all 3 executions. Thats the standard industry practice. I would request you to kindly use this brokerage calculator https://www.samco.in/technology/brokerage_calculator and check various permutation combination for better understanding. Moreover trust us this is the most competitive pricing you may find in the market along with access to our various clutter breaking products like StockNote,RankMF and StockBasket.
Do write to us on support@samco.in if you need more assistance
If on a single day I want to buy 2 shares each of 10, companies, how the brokerage is computed?
Whether it considered as single order or 10 different orders?
Hello Sir,
With regards to your query, we’d like to inform you that in such a case, you will be charged brokerage for 10 different orders.
For any other queries/information, you can mail us at support@samco.in or raise a ticket on https://www.samco.in/support, our executive shall assist you on the same.
Looking forward to serving you soon.
Thanks & regards,
Team Samco