Comment on Zerodha - Margin Policies
commented on
16 Jul 2013, 01:33 PM
Praveen,
If you are trading on equity depending on what stock you are trading you get 3 to 10 times. So yes for eg you can buy 50,000 worth of reliance with only 5000 in your account. But this leverage is allowed only for intraday trades and you have to square off by 3.20pm otherwise it gets autosquared off.
There is no interest charged for this intraday leverage.
Cheers,