How Can I Place an MTF Order in Samco?

Placing an MTF order on Samco takes the same steps as a regular buy order: you just select a different product type. Here’s how to do it.

Step-by-Step Process

  1. Open the Samco App –  Launch the app and go to the stock you want to buy.
  2. Tap Buy – Open the normal buy order window.
  3. Select MTF as the product type – Instead of choosing Delivery (CNC), select MTF from the order type options.
  4. Review the margin details – The app will show you the required margin and the available leverage for that stock.
  5. Enter the quantity – Type in how many shares you want to buy.
  6. Place the order – Tap Buy. Your order will be executed in MTF mode.

Once the order goes through, the shares are purchased in MTF mode and will appear under Positions in the app and not under your regular Holdings section.

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