Pre-market and post-market sessions typically have lower liquidity and higher price volatility compared to regular market hours. To protect your orders from executing at unfavourable prices, Samco restricts certain order types during these sessions. Orders placed during pre-market or post-market hours are kept in pending status and executed only when […]
Why is my order not executing during pre-market or post-market hours?
Orders placed during pre-market or post-market hours are not executed immediately. Samco accepts these orders and keeps them in pending status and they are sent to the US exchanges only when the regular market session opens. Regular market hours (IST): Winter timings (Nov-Mar): 8:00 PM to 2:30 AM Summer timings(Mar-Nov): […]
Can I invest even if I don’t have enough money to buy whole shares?
Yes absolutely. On Samco, you can invest in any US stock or ETF even if you can’t afford a full share, using the “Buy in Amount” order type. Simply enter the dollar amount you want to invest and start as low as $1 and Samco will automatically purchase the equivalent […]
What is “Buy in Quantity” and “Sell in Quantity”?
Buy in Quantity “Buy in Quantity” lets you buy a specific number of shares of a US stock or ETF. Simply enter the exact number of shares you want to purchase. Fractional shares are not allowed and only whole shares can be bought using this order type. Both market and […]
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.
What is the BEN-8 form?
The BEN-8 form is a one-time declaration you fill during US stocks account activation on Samco. It confirms that the money you are remitting abroad is your own and that you are investing on your own behalf, not for someone else. This is a regulatory requirement and is mandatory for […]
What is the maximum amount I can invest in US stocks in a year?
As an Indian resident, you can invest up to USD 2,50,000 per financial year (April to March) in US stocks. This limit is set by the Reserve Bank of India (RBI) under the Liberalised Remittance Scheme (LRS). The USD 2,50,000 limit is cumulative across all overseas remittances and this includes […]