Why are market orders blocked for certain symbols?

Market orders are blocked for certain US stocks where the stock price is very high or liquidity is low for example, Berkshire Hathaway. This is to protect your order from executing at an unexpected or unfavourable price. For such stocks, you can use the “Buy in Quantity” order type to […]

What is “Buy in Amount” and “Sell in Amount”?

These order types let you trade US stocks based on a dollar amount rather than a fixed number of shares. Buy in Amount Enter the dollar amount you want to invest. The system automatically calculates and buys the equivalent fractional shares. Minimum amount: $1 Only market orders are supported and […]

What are fractional shares?

Fractional shares let you own a part of a US stock instead of a full share. This means you can invest a fixed dollar amount in any stock, even if the full share price is out of your budget. Example: 1 share of a US stock costs $1,000 but you […]

Can I trade Futures & Options in US stocks?

No. Futures & Options (F&O) trading is not available for US stocks on Samco. As per Indian regulations, Indian residents are only permitted to invest in US equities and ETFs. Trading in F&O instruments on foreign exchanges is not allowed under the Liberalised Remittance Scheme (LRS).

Can I do intraday trading in US stocks?

No. Intraday trading is not permitted on the Samco US stocks platform. As per LRS regulations, Indian residents cannot buy and sell the same stock within the same trading day in foreign markets. All purchases are delivery-based and shares bought will be credited directly to your portfolio.