What is IGST and why is it charged?

IGST (Integrated Goods and Services Tax) is an Indian government tax charged at 18% on the brokerage amount for all US stock trades. It is applicable to Indian residents only. Think of it the same way GST is applied on brokerage for your Indian stock trades and it works exactly […]

Why are regulatory charges applied?

Regulatory charges are fees mandated by US financial authorities like the SEC, FINRA, and CAT to fund market oversight, surveillance, and investor protection activities. These are not Samco charges. Think of it like the STT (Securities Transaction Tax) and exchange transaction charges you pay on Indian stock trades and they […]

What are CAT, FINRA, and SEC fees?

These are US regulatory fees charged on trades by American financial regulators. They are not Samco charges and they are standard fees applicable to all investors trading in US markets. Here’s a breakdown of each: CAT Fee (Consolidated Audit Trail) : Charged at $0.000022 per share on both buy and […]