Samco’s standard platforms, the trading app, the web platform, and Nest Trader are built for manual trading. You log in, watch the market, and place orders yourself. They are designed around a human decision-making workflow. The Trade API is designed for automated trading. Instead of you deciding when to click […]
What are the benefits of using the Samco Trade API?
The most immediate advantage is that the Samco Trade API is completely free. There are no subscription charges, no per-call fees, and no hidden costs. This includes access to historical data, which is typically a paid feature on most other platforms. Beyond cost, the key benefits are: Zero API charges […]
Who can use the Samco Trade API?
Anyone with an active Samco trading account can use the Trade API. It is primarily built for algo traders, developers, quantitative analysts, and technically inclined investors who want more control over how and when they trade. That said, you do not need to be a professional programmer to get started. […]
What is the Samco Trade API?
Samco Trade API is a service that connects your trading code directly to Samco’s platform. It lets you place, modify, and cancel orders, fetch live and historical market data, track your portfolio and open positions, and stream real-time prices all programmatically, without using a trading interface manually. The simplest way […]
Can I Trade Options Using StockPlus Margin?
Yes. StockPlus margin can be used to trade options. NSE Equity Derivatives Options are supported. You can place NRML (positional) as well as MIS (intraday) options orders using margin generated from your pledged holdings. You do not need fresh cash to trade options under StockPlus. As long as the collateral […]
Can I Pledge My MTF Holdings for StockPlus Margin?
No. StockPlus margin is available only against free and unencumbered holdings in your Demat account. Shares held under MTF are already pledged with Samco as collateral for the funded position. Since they are encumbered, they cannot be used again as collateral under StockPlus. Only holdings that are completely free and […]
Are There Any Restrictions on Pledging or Unpledging?
Yes. There are situations where a pledge or unpledge request will not go through. Unpledge restrictions: If your ledger balance is in debit, you cannot unpledge shares until the balance is cleared If you have an active sell order for a stock, unpledging the same stock at the same time […]
Can I Sell My Pledged Holdings Without Unpledging First?
Yes. You can sell pledged holdings directly from the market without raising a separate unpledge request first. When you place a sell order for pledged shares, Samco automatically unpledges them as part of the transaction. You do not need to manually unpledge before placing the sell order, the system handles […]
What Brokerage Applies on StockPlus Trades?
StockPlus does not change your brokerage structure. Standard Samco brokerage applies on all trades placed using StockPlus margin flat ₹20 per executed order or the applicable percentage rate, whichever is lower. There is no separate or additional brokerage for using StockPlus. The only StockPlus-specific charges are ₹30 + GST per […]
How Many Stocks Are Eligible for Pledging?
Samco provides StockPlus margin against 1,200+ approved stocks and ETFs listed on NSE and BSE. Eligible mutual fund units can also be pledged to generate margin. The approved list is reviewed periodically based on regulatory guidelines, liquidity, and risk factors. Not every stock qualifies; only securities on Samco’s approved pledge […]
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