WikiFX

Sagot

In my review of SAMCO, I found that the broker provides several common payment options for depositing and withdrawing funds, including Payment Gateway through their platforms, NEFT/RTGS, and cheque deposits. While these facilities seem convenient, I was unable to find specific, transparent information directly indicating whether SAMCO applies its own fees to deposits or withdrawals. In my experience as a trader, this lack of openly published fee details is a caution flag. Reliable brokers typically make fund transfer costs clear up front, since hidden fees can complicate account management and impact trading profitability over time. I also noticed that, as a broker operating for five to ten years and based in India, SAMCO currently holds no valid regulatory license, which in my view further reinforces the need for extra caution regarding all operational practices, including transaction fees. Personally, I always prefer to confirm directly with customer support before making any deposits or withdrawals at a broker with limited regulatory oversight. If you’re considering trading with SAMCO, I strongly recommend reaching out to their support team and securing written confirmation on any potential deposit or withdrawal charges before proceeding. Without clear, accessible fee schedules, I believe it is prudent to expect possible fees from either the broker or intermediaries. For me, knowing these details upfront is essential for risk management and maintaining trust in my trading relationships.