Margin Trading brokers in India
Margin Trading Brokers in India
Margin Trading Brokers in India like m.Stock, Upstox, Angel One, Alice Blue, Kotak Securities, provide a range of options for traders seeking high leverage and margin facilities. These brokers are ranked based on various factors such as intraday margin, delivery margin, futures margin, options margin, as well as the margin offered in currency and commodity trading. Choose the best margin trading account tailored to your needs for enhanced trading opportunities and flexibility.
Below are the key advantages of the top brokerage firms providing the most competitive margin trading in India, as of 2024:
Margin Trading Facility
Margin trading facility, also known as leverage trading, allows investors to borrow funds from their broker to purchase securities. Margin funding is the process by which investors borrow funds from their brokerage firms to invest in securities. This enables traders to increase their purchasing power and potentially amplify their gains (or losses) from market movements. Here's how it works. This service allows traders to leverage their existing capital, potentially amplifying both gains and losses from market movements. Leading brokerage firms like m.Stock, Upstox, and Kotak Securities offer margin trading facilities to their clients, providing access to increased buying power across various market segments such as equities, futures, and options.List of Margin Trading Brokers in India
1. mStock, a discount brokerage firm launched by Mirae Asset in April 2022, offers various investment and trading services in different segments like currency, commodity, equity, IPOs, futures, and options. Margin Trading Facility (MTF) enables traders to buy stocks using borrowed funds from the broker. mStock offers Margin Trading Facility (MTF), allowing traders to buy stocks using borrowed funds from the broker. This service provides investors with increased buying power and potential opportunities for higher returns, but it also entails risks that traders should carefully manage.
mStock Charges –
• Account Opening Charges – ₹149 or ₹999
• Brokerage – ₹0 (Free) Equity and Currency
• Annual Maintenance Charge (AMC)- ₹149 or ₹999
• Call and Trade Charges - ₹0 (Free)
Mstock MTF Charges
• MTF trading Funding value Up to ₹5 Crore mstocks’ Interest Rate 9.99% | MTF Funding Value is Above ₹5 Crore mstocks’ Interest Rate 6.99%
• m.Stock, pledge charges are ₹25 per pledge request under the lifetime free AMC plan and ₹32 per pledge request under the quarterly AMC plan.
Note - If you want to open a Demat account with mstock, click here to Open an Account
Upstox
2. Upstox- Upstox is a popular stock market broker known for its technology-driven approach, allowing customers to easily trade online through their app or website. As one of the discount broking in India, Upstox offers an offering a seamless margin trading facility to its users and investing platform. It's recognized as one of the best brokers for margin trading in the stock market and share market, providing a seamless margin trading facility Upstox to its users. With Upstox, investors can leverage their trades with borrowed funds, making it easier to potentially amplify returns through best broker for margin trading in the stock market and share market.
Upstox Charges –
• Account Opening Charges – ₹0 (Free)
• Brokerage – ₹ 20 or 0.05% (whichever is lower) Intraday and F&O trades, | ₹20 or 2.5% whichever is lower on Equity Delivery
• Annual Maintenance Charge (AMC)- ₹150 + GST
• Call and Trade Charges - ₹50 + 18% GST) per order.
Upstox MTF Charges
• Upstox MTF Interest Charges are ₹20/day for every slab of ₹40,000 taken as MTF.
• Interest charges are applicable per day till you exit the MTF position or until repayment.
• Upstox pledging charges is MTF buy transaction: You are charged ₹20 (plus GST) as pledging charges by CDSL | MTF sell transaction: You are charged ₹20 (plus GST) as un-pledging charges by CDSL
Note - If you want to open a Demat account with Upstox, click here to Open an Account
Angel One
3. Angel One - Angel One is a significant and widely recognized stockbroker. It currently provides margin trading facilities to its clients. Previously, Angel Margin Trading operated as a full-service broking company, but it has now reduced its brokerage charges. With Angel Broking margin trading, investors can leverage their trades to potentially enhance returns, but it's important to understand the risk of margin trading.
Angel one Charges –
• Account Opening Charges – ₹0 (Free)
• Brokerage – ₹ 20 or 0.25% (whichever is lower) Intraday and F&O trades, | Zero Brokerage Equity Delivery
• Annual Maintenance Charge (AMC)- ₹240 (From Second Year Onwards)
• Call and Trade Charges - ₹ 20+GST per executed Order.
Angel One MTF Charges
• An Interest rate of 0.049% per day (18% per annum) is charged on the borrowed amount.
• MTF Pledging, when you raise a request to Pledge or Unpledged your shares, a charge of Rs 20/- plus GST will apply per ISIN.
Note - If you want to open a Demat account with Angel One, click here to Open an Account
Alice Blue
4. Alice Blue - Alice Blue, a stockbroker based in Bangalore, is renowned for its high margin offerings and advanced trading platform. This brokerage is specifically tailored for traders who prefer high-margin trading. The company enables traders to execute trades on major exchanges like BSE, NSE, and MCX. With Alice Blue's margin trading platform, traders can access free margin trading options, maximizing their trading potential. Investors can leverage margin in Alice Blue to increase their buying power and potentially amplify their returns, making it an attractive choice for active traders seeking high-margin opportunities.
Alice Blue Charges –
• Account Opening Charges – ₹0 (Free)
• Brokerage – ₹15 or 0.05% (whichever is lower) Intraday and F&O trades, | Zero Brokerage Equity Delivery
• Annual Maintenance Charge (AMC)- ₹400 (AMC of ₹ 33.33 + GST per month is charged from the 2nd month.)
• Call and Trade Charges - ₹50 + GST per trade
Alice Blue MTF Charges
• In the Margin Trading Facility (MTF), the interest rate on borrowed money is 0.049% per day, which adds up to 18% annually. This interest is charged on the amount of money borrowed from the broker for trading purposes.
• Alice Blue's Margin Trading Facility (MTF) goes even further with a low charge of 0.049% per day, applicable for 90 days.
Note - If you want to open a Demat account with Alice Blue, click here to Open an Account
Kotak Security
5. Kotak Security- kotak margin trading Limited, founded in 1994, offers a range of stockbroking services and distributes diverse financial products in India. The company is well known for its innovative ideas over the years. With margin trading in Kotak Securities, investors can access additional buying power to trade in the stock market. kotak securities margin trading provides margin trading facilities, allowing traders to leverage their investments for potentially higher returns. By opening a margin trading account with margin in kotak securities, investors can take advantage of margin trading opportunities and explore various trading strategies.
Kotak Security Charges –
• Account Opening Charges – ₹0 (Free)
• Brokerage – ₹20 Intraday and F&O trades, | 0.25% of transaction value
• Annual Maintenance Charge (AMC)- ₹500 Yearly
• Call and Trade Charges - ₹49 Per Order
Kotak Security MTF Charges
• The interest charges start at a minimal rate of 0.028% per day, beginning from the day after the trade (T+1). These charges differ for each user depending on the brokerage plan they've chosen.
• Rs.20 + GST per ISIN for both pledging and unpledging.
Note - If you want to open a Demat account with Kotak Security, click here to Open an Account
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