Hello friends,
My name is Krishna Kant and here I am going to post a review on Samco securities.ltd. Actually the thing is that I recently started trading in forex for which I had to open a trading and a deemat account. I went through Samco as the brokerage is only 20/- per trade.
But things went unfavourable when I realised that the trading is much costly on SAMCO plateform!
They will charge you an extra money in the name of a number of charges and creterias.
Let me tell you some of its cons for having a trading account with Samco:
Deduction of fund from your saving will be higher than they assure you for a number of different alternatives like farmer taxes, new govt. taxes etc.
For the review of your live funds you will have to wait till evening as after the trades, its back office is not frequently updated.
3.Then, its mobile software and its browser plateforms are so slow that you will have to end up with refreshing these time and again.
You will have to call for getting system support which will cost you as much as the profits you have earned.
Each time you send the funds to your trading account, it will take a minimum of two days to get your amounts reflected in your amount. If you are doing it for the instant trade then forget about it!
Guys, due to all these repelling properties of Samco, I had to close my account.
I would like to suggest you people for going with a better trade broaker than loosing your time and funds here.
Thanks for reading my review!
