Comment on Cover Orders - For Higher Leverage

Abhinay commented on 14 Sep 2014, 06:43 PM

Earlier you used to provide a high leverage on CO & BO and now I see you have reduced the margin quite low. For instance buying 1 lot of RCOM future earlier i can buy it if having Rs.5,000 but now when use your margin calculator i see over there that margin required for even buying 1 lot of RCOM is over Rs.10,000. May i know the reason why the margin has been increased for CO & BO as it is of no use if I wish to trade using cover order as its purpose is lost if zerodha not providing higher leverage if trading on your platform using such different kind of order types.

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