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Samco Securities Ltd

From EverybodyWiki Bios & Wiki

Script error: No such module "AfC submission catcheck". SAMCO Securities is a Mumbai- based online stockbroker and the execution broker for the Indian Trading League.[1] It offers retail broking solutions using a flat fee model at Rs. 20 per transaction on India’s leading Stock Exchanges (NSE [2] , BSE [3], MSEI, MCX and NCDEX) across stocks, futures, options, currencies and commodities.[3] Commodity transactions are routed through SAMCO Commodities Ltd, a wholly owned subsidiary. The Company has set up a service center in Ahmedabad [4]City of Gujarat.[5]

History[edit]

SAMCO Ventures Private Limited was incorporated in March 2015. It acquired Samruddhi Stock Brokers Limited and re-branded it to SAMCO Securities. 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.

Products[edit]

Samco has launched products for Stock Trading and Mutual Funds

  • StockNote: StockNote is a stock trading app enabling traders and investors to buy and sell securities
  • RankMF: RankMF is a mutual fund ranking & investment platform letting investors to buy and sell mutual funds easily

References[edit]

  1. "Indian Trading League", Wikipedia, 2020-10-03, retrieved 2021-03-24
  2. "National Stock Exchange of India", Wikipedia, 2021-03-15, retrieved 2021-03-24
  3. "Bombay Stock Exchange", Wikipedia, 2021-03-15, retrieved 2021-03-24
  4. "Ahmedabad", Wikipedia, 2021-03-23, retrieved 2021-03-24
  5. "Gujarat", Wikipedia, 2021-03-24, retrieved 2021-03-24



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