Let’s understand how to use the Margin Trading Facility – CashPlus calculator. Step 1: Search for the stock you want to invest in. For example ITC Step 2: Click on the Calculate Step 3: Enter the amount of cash available and the CMP of that stock. Step 4: Then you […]
How to place an order using CashPlus – MTF
Here’s how you can get started using 4X leverage via using Samco CashPlsu – Margin Trading Facility Step 1: Log in to your Samco app and select the stock you want to invest in. Step 2: Click on Buy. Step 3: Click on NRML Step 4: Enter the quantity of […]
How to activate CashPlus – MTF
To activate your CashPlus – Margin Trading Facility, follow the below-mentioned steps: Step 1: Log in to your Samco appStep 2: Go to your profile on the app and click on the Manage My Subscription tab to subscribe Step 3: Click on CashPlus Subscription. Step 4: Accept the Teams & […]
What is Contract Note and how to read it?
A contract note, which describes the specifics of a transaction done by investor/trader, is essentially a legally binding document. It gives a brief overview of the executed trades, including their date, time, and price. It also contains crucial details like the number of shares purchased or sold, the brokerage costs, […]
What is DP Bill/Transaction Statement and how to read it?
For individuals involved in stock market investing, the Demat account is an indispensable tool for holding and managing securities in electronic format. Within this realm, the DP Bill/Transaction Statement emerges as a crucial document that provides a detailed record of all activities related to your Demat account. A DP Bill/Transaction […]
What is a Statement of Account and how to read it?
What is a Statement of Account? A Statement of Account is a document that is issued by a broker to a trader or investor. It summarizes all of the transactions that have taken place in the trader or investor’s account over a specified period of time. This includes information such […]
What is Weekly Statement and how to read it?
What is a Weekly Statement? A weekly statement is a document that is issued by broker to traders and investors on a weekly basis. It contains information about all of the transactions that have taken place in the trader or investor’s account during the previous week. This information includes the […]
What is Retention Statement and how to read it?
What is a retention statement? A retention statement is a document that is sent to a client by their broker. It lists the funds that the broker has retained from the client’s trading account, and the reason for the retention. Why do brokers retain funds? Brokers retain funds from their […]
What is Monthly Ledger Statement and how to read it?
What is a monthly ledger statement? A monthly ledger statement is a document that is sent to a trader or investor by their broker at the end of each month. It lists all of the transactions that have taken place in the trader or investor’s trading account during the month, […]
What is Annual Global Transaction Statement and how to read it?
In the realm of personal finance and investments, it is essential to keep track of one’s financial activities, and maintain a clear overview of transactions made throughout the year. The Annual Global Transaction Statement (AGTS) report emerges as a valuable tool in achieving these goals. The AGTS report is a […]