Comment on Transfer funds into your trading account

Nithin Kamath commented on 28 May 2015, 02:34 PM

If you buy futures, either equity or commodity, you will be able to withdraw the money the same day. The reason for this being that when you trade futures margins get blocked. Remember that you can withdraw only the margin which was blocked, if there are any profits it can be withdrawn only the next day again.

In case of equity delivery and options, when you buy options or buy stocks, the money gets debited by the exchanges and it is not blocked like futures. When you exit, the money comes to your account from the exchange only on T+1, and hence you can withdraw only next day. But yes, brokers will let you trade on the same money even if they are yet to receive it from the exchange, because they will know that it is guaranteed to come from exchange.

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