In Intraday trading, the money is locked only for a few hours due to traders squaring off their positions the same day. IntraPlus is one of the SAMCO Products that aim at eliminating hurdles for the day traders.
The exposure for SAMCO margin Intraday is up to 33 times.
The most traded commodities have a hulky price, to begin with. This requires a higher investment on the trader’s end.
For this very reason, SAMCO Margin Commodity offers an up to 60 times leverage.
This enables a larger group of people to trade in SAMCO commodity & also enlarges the client base for the company.
The percentage of SAMCO brokerage remains similar to what it is in normal instances.
SAMCO Currency Margin
The Foreign Exchange Market is a place that permits buying, selling, or exchanging foreign currencies.
SAMCO offers two plans, namely: Currency Futures & Currency Options.
Briefing about both of the plans is simple. When you sign a legal agreement to buy or sell a currency at a pre-determined price, with no choice to withdraw, it is known as Currency Futures.
In the case of Currency Options, everything remains the same, but you have the freedom to withdraw. If you choose to withdraw, you end up losing your advance payment in the process but save yourself from the after-effects of sudden fluctuations.
SAMCO Currency Margin offers up to 100 times of exposure in Currency Futures, but there is no exposure for buying for Currency Options. Although, for the SAMCO option writing margin, it gives an exposure of up to 2 times.
SAMCO Margin for Futures
Futures contracts are a legal document that talks about buying or selling something at a pre-decided price in the future.
The implications of which being, either you buy the commodity or product in rates cheaper than the market price or at a rate higher than the market rate.
For trading using a futures contract, SAMCO offers an exposure up to 80 times, but only when you an Intraday Investor.
For your convenience, the SAMCO brokerage charges for this trade are listed here.
SAMCO Options Margin
Options in the trading market are like the twins of Futures contracts. But just like twins can’t have the same DNA, they too differ in one aspect.
Futures contract signees are bound to go through with the trade anyway. In options, at the cost of losing the payment made at the time of signing the contract, one has the liberty to pull out of the contract.
In this kind of trading, the SAMCO options margin has zero exposure for buying but is allowed for the SAMCO option writing margin. In this, SAMCO provides exposure of up to 2 times.
Seems interested in referring and earning? Partnering with SAMCO Sub Broker gives you the wing to earn as per your convenience.
SAMCO Margin List
Below is the list of SAMCO Margins offered to the traders:
Up to 33 times
Up to 4 times
Up to 60 times
Up to 100 times
For Option Writing, up to 2 times but no leverage for buying
For intraday, up to 80 times
For Option Writing, up to 2 times but no leverage for buying.
SAMCO Margin Limit
Getting a loan approved from the bank requires a great credit score, right?
That’s how a brokering firm provides you with leverages equivalent to your requirements.
For varied plans, it has variations of the amount you need to deposit in your account to encash on the facility of SAMCO Margin. They are as follows:
Intraday trading is the shortest time you trade for and hence, borrow for. For availing the facility of IntraPlus, you need to pay ₹1000 yearly. An additional charge of ₹60 is also levied on every scrip that is a pledge of shares or unpledged.
In this, you get to trade in about 800 stocks & ETFs.
This plan is suitable for intraday or positional traders. It is the only plan that offers the facility of SAMCO margin for free. Yes, that’s true!
You need not have a single penny in your trading account or pay any SAMCO Margin charges to get borrow & trade.
Along with this know about SAMCO Bracket Order as it reduces the risk in the time of market fluctuation and saves you from loss.
To make the most of your investments, you might need to make sure that the broker you choose offers you deals & facilities that align with your goals.
Being a client of SAMCO, you’ll not only be entitled to the lowest brokerage charges but also would be able to use the leverage of SAMCO margin & increase your trading numbers and profits too.
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