Product
Cover Order (CO)

Intraday trade using CO on Equity, F&O, Currency & Commodity. In a CO you can place intraday buy/sell market orders with a compulsory stop loss for a higher leverage than trading using product type as MIS. All open CO positions gets auto squared off before end of the day ( Equity & F&O: 3.20pm, Currency: 4.30PM, Commodity: 25mins before close). Margin requirement will vary based on the Stop loss price. 

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Bracket Order (BO)

Intraday trade using BO on Equity, F&O, and Currency. In a BO you can place intraday buy/sell limit orders with a target and compulsory stop loss (with a trailing SL option) for a higher leverage than trading using product type as MIS. All open BO positions gets auto squared off before end of the day ( Equity & F&O: 3.20pm, Currency: 4.30PM. Margin requirement will vary based on the Stop loss price. 

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* BO is presently available for NSE, NFO, and CDS. Other exchanges will be available later. Zerodha is the first brokerage in India to allow Bracket Orders &Trailing Stoploss on F&O.

Securities under ban: FORTIS, HDIL, JISLJALEQS, JPASSOCIAT, JSWENERGY, TV18BRDCST

Option buying is enabled only for NIFTY.

Margin requirements

Rs 0

Rs 0

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