Knowledge Base

You can place a US stock order in two ways: by investing a fixed amount (including fractional shares) or by specifying a quantity. Here’s how each works.

Option 1: Buy in Amount

Use this option when you want to invest a specific rupee amount rather than a fixed number of shares. This also allows you to buy fractional shares of high-priced stocks.

1. Tap the Search bar and type the name of the stock you want to buy.
2. On the stock’s quote page, tap Buy to open the order window, then select Buy in Amount as the order type.
3. Enter the amount you wish to invest. Note that Limit Orders are not available in this mode.
4. Review the approximate total funds required, including applicable charges.
5. Tap Buy. Since limit orders are not permitted here, the order will be executed at the prevailing market price.

Option 2: Buy in Quantity

Use this option when you want to purchase a specific number of shares and have the flexibility to choose between Market and Limit orders.

1. Tap the Search bar and type the name of the stock you want to buy.
2. On the stock’s quote page, tap Buy to open the order window, then select Buy in Quantity as the order type.
3. Enter the number of shares you want to purchase.
4. Both Market and Limit Orders are available in this mode.
   • For a Limit Order, enter your desired price. Ensure the price is within the allowed range.
   • For a Market Order, no price entry is needed.
5. Review the approximate total funds required, including all applicable charges.
6. Tap Buy. Your order will be executed based on the order type selected.