No, margin is not blocked when you place a GTT order. Since a GTT is just a standing instruction and not an actual order placed at the exchange, no funds or margin are reserved at the time of creation. Your full available balance remains free to use for other trades. […]
Can I use GTT for F&O contracts or only equities?
GTT is currently available only for equity stocks. It cannot be used for F&O (Futures & Options) contracts. If you want to set conditional orders for F&O positions, you can use the regular SL (Stop-Loss) or SL-M (Stop-Loss Market) order types available on the normal order placement screen for F&O […]
Will my GTT order execute automatically or do I need to confirm it?
Yes, GTT orders execute automatically. When the stock reaches your trigger price during market hours, the order is placed at the exchange without any manual intervention from your side. You do not need to be on the app or confirm anything at the time of execution. This is one of […]
How do I manage my active GTT orders?
All your GTT orders are available in one place on the Samco app. Here is how to access and manage them: Tap Orders in the bottom navigation bar Tap the GTT tab at the top You will see three filter tabs – Active, Triggered, and Expired: Active – GTT orders […]
How long does a GTT order remain valid and what happens if the trigger is never hit?
A GTT order on Samco has lifetime validity. Unlike regular Day orders that expire at the end of the trading session, a GTT order stays active in the system indefinitely — across days, weeks, and months until one of the following happens: The stock reaches your trigger price and the […]
Can I use GTT for both buy and sell?
Yes, GTT is available for both buy and sell orders on the Samco app. However, how you use it differs depending on what you want to do: Buy GTT You can place a Single GTT to buy a stock at a future price. When the stock falls to your trigger […]
What is the difference between GTT and a regular limit order?
Both GTT and a regular Limit order let you specify the price at which you want to buy or sell. The key difference is how long they stay active. Regular Limit Order A regular Limit order is valid only for the current trading day. If the stock does not reach […]
Can I buy the same stock multiple times in a day?
Yes, you can buy the same stock multiple times in a day on the Samco app. There is no restriction on the number of times you can place a buy order for the same stock within a single trading session. This is a common practice known as averaging, where you […]
Is there a minimum amount required to buy stocks on Samco?
There is no separate minimum amount set by Samco to start buying stocks. You can buy even a single share of any stock, which means the minimum amount you need is simply the price of one share of the stock you want to buy, plus any applicable brokerage and charges. […]
Can I buy IPO listed stocks through the app?
Yes. Once a stock gets listed on the exchange after its IPO, it can be traded normally through the Samco app just like any other stock. On the listing day, the stock will be available to buy or sell from the regular market open at 9:15 AM. You can search […]
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