You can add funds to your Samco trading account through the Samco Mobile App or the Samco Star Back Office. Here’s how to do it on each. Via Samco Mobile App Open the Samco App and log in with your Client ID and password. Tap the Wallet icon on the […]
How do I activate US Stocks trading on my Samco account?
To activate US Stocks trading on Samco, you must have an active Samco Indian trading account. If you don’t have one, open your account at www.samco.in first. Once your Indian trading account is active, follow these steps: Step 1: Switch to US Stocks Tap the ‘IND’ toggle on the bottom […]
How long does it take to activate my US Stocks account?
Once you submit the activation form successfully, your US Stocks account is typically activated within 30–60 minutes during business hours.
Is there any charge to activate US Stocks trading?
No. Activating US Stocks trading on Samco is completely free. There are no account opening charges for the US Stocks account. You only pay when you trade.
Are there any annual maintenance charges (AMC) for US Account ?
No. There are no Annual Maintenance Charges (AMC) for your US Stocks account on Samco. You only pay when you trade.
What are fund transfer charges?
A payment gateway charge of $1 + GST per transaction is applicable when you add funds to your US Stocks account. This charge is levied by the payment gateway partner and not by Samco. There are no charges for fund transfers beyond this $1 + GST gateway fee.
What is the fund withdrawal charge?
There are no fund withdrawal charges applicable on your US Stocks account. You can withdraw your funds without incurring any transaction fees.
How can I calculate total charges before placing a trade?
You don’t need to calculate manually. Samco displays a complete breakdown of all applicable charges like brokerage, IGST, CAT fee, FINRA fee, SEC fee it will be directly on the order screen before you confirm your trade. Simply enter the stock, order type and amount, and the charges will be […]
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 […]