WikiFX

Sagot

In my evaluation of SAMCO as a trading broker, I couldn’t find explicit information about a required minimum deposit for starting a live trading account. My experience tells me that some regional brokers, particularly those in India like SAMCO, may allow account opening with minimal or even no upfront deposit, focusing instead on per-order commissions. From what I’ve gathered, SAMCO emphasizes accessibility, offering free online trading and demat account openings, and charges brokerage per transaction rather than quoting a minimum funding threshold. However, the absence of a stated minimum deposit does not mean there are no costs involved—the actual starting capital one needs depends on the margin and leverage requirements, as well as personal trading objectives. For intraday or leveraged trades, funds must cover margin requirements set by the broker. While this flexibility may appear attractive, it’s critical for me, especially as a cautious trader, to emphasize that trading with insufficient capital increases risk and can affect trade execution. Given SAMCO’s “high potential risk” signals and lack of recognized regulatory oversight, I’m particularly wary and would always recommend starting with an amount you can afford to lose, after due diligence and risk assessment. If you're considering SAMCO, I advise contacting their support directly to clarify the latest funding policies before making financial commitments.