Yes, GTT is available for both buy and sell orders on the Samco app. However, how you use it differs depending on what you want to do: Buy GTT You can place a Single GTT to buy a stock at a future price. When the stock falls to your trigger […]
What is the difference between GTT and a regular limit order?
Both GTT and a regular Limit order let you specify the price at which you want to buy or sell. The key difference is how long they stay active. Regular Limit Order A regular Limit order is valid only for the current trading day. If the stock does not reach […]
Can I buy the same stock multiple times in a day?
Yes, you can buy the same stock multiple times in a day on the Samco app. There is no restriction on the number of times you can place a buy order for the same stock within a single trading session. This is a common practice known as averaging, where you […]
Is there a minimum amount required to buy stocks on Samco?
There is no separate minimum amount set by Samco to start buying stocks. You can buy even a single share of any stock, which means the minimum amount you need is simply the price of one share of the stock you want to buy, plus any applicable brokerage and charges. […]
Can I buy IPO listed stocks through the app?
Yes. Once a stock gets listed on the exchange after its IPO, it can be traded normally through the Samco app just like any other stock. On the listing day, the stock will be available to buy or sell from the regular market open at 9:15 AM. You can search […]
What is a GTT order?
GTT stands for Good Till Triggered. It is a feature on the Samco app that allows you to set a trigger price for a stock, and when the stock reaches that price, your order is automatically placed at the exchange without you having to watch the market or be available […]
Can I check margin requirements before buying?
Yes, the Samco app shows you the margin or funds required before you confirm any order. On the order placement screen, at the bottom you will always see two figures: Funds Required – the exact amount needed to place the order based on the quantity, price, and product type you […]
Can I set bracket orders (BO) and cover orders (CO) in the app?
Yes, both Bracket Orders and Cover Orders are available on the Samco app. They are available as product type options on the order placement screen. Bracket Order (BO) A Bracket Order lets you place a buy or sell order along with a target price and a stop-loss simultaneously. The position […]
Can I place stop-loss and target while buying a stock?
Yes. The Samco app supports Bracket Orders (BO), which allow you to set a target price and a stop-loss at the time of placing your buy order itself. This means you do not have to monitor the trade constantly the system will automatically exit the position when either the target […]
Can I directly buy or sell from the watchlist?
Yes, you can initiate a buy or sell directly from your Watchlist. Here is how it works: Tap Watchlist in the bottom navigation bar You will see all stocks you have added to your watchlists Tap on any stock to open its detail page At the bottom of the stock […]