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AxisDirect Margin Exposure Limit, Leverage for Intraday and F&O

-33.06% 282,351 Clients

Margin Policy Update

As per the SEBI rule, from 1st Jan 2020 brokers cannot offer additional margin (i.e. 20, 40 or 100 times) in any segment including intraday at BSE, NSE and MCX. The margin is now decided by the exchange and remains the same for all brokers. For all intraday product types i.e. MIS, BO, CO trades, the leverage will be the same which is the VAR+ELM margin. Visit New margin requirements in India Stock Market to know more.

AxisDirect is the brand of Axis Securities Limited. The company offers retail broking and investment services. Axis Securities is a part of Axis Group and a subsidiary of Axis Bank. It serves over 1.7 million customers and has over 56 branches spread across the country.

The company offers broking services in equity, commodity, derivatives and currency. Besides, it also offers investment services in IPOs, Mutual Funds, ETFs, NCD and Bonds.

AxisDirect offers a 3-in-1 account to its customers. Here savings, demat and trading accounts are linked to help ease of trading. The 3-in-1 account gives access to trade in many securities across NSE, BSE and MCX.

AxisDirect is a Depository Participant (DP) of CDSL. This allows it to offer Demat services to its customers.

Axis Securities offers 4 platform choices to its customers-

AxisDirect Portal - This web portal works on all devices desktops, laptops and smartphones.
Swift Trade - A web platform.
DIRECTTrade - A desktop trading application designed for fast trading.
Axis Direct Mobile App

AxisDirect also offers research and investment advisory service to its customers. The company has a team of expert professionals who analyze markets and stocks. They publish reports offer investment ideas to the customers.

The company has won many prestigious awards like-

Top Equity Broker of the Year by BSE Commodity Equity Outlook Award
Effectiveness in Financial Products and Services by DMA Asia ECHO Awards (Gold)
Best Use of Email Marketing by DMA International ECHO Awards (Gold).

Axis also has a rich knowledge resource to help traders learn and sharpen their skills. The resource has videos, demos and articles from experts.

AxisDirect Exposure Limit

Axis Securities offers a range of products and facilities to its customers. E-Margin is one such facility that allows traders to trade more with less money.

What is E-margin in AxisDirect?

E-Margin is a leveraged trading facility offered by AxisDirect to its customers. The facility allows you to take equity positions by paying only 25% of the total trade value. For example, If you would like to buy 100 shares of SBI @ Rs 300 per share and the applicable margin is 25%. You can place the order with Rs 7,500 instead of paying the full trade value of Rs 30,000.

The trade can be carried for T+30 days in BSE (T being the day of trade) and T+5 in NSE. You can choose to square off or take delivery of the trade within the period.

You can continue the trade for T+30 days in BSE (T being the day of trade) and T+5 in NSE. You can choose to square off or take delivery of the trade within the period.

You can pay the margin in 2 ways. You can use the funds in your account. You can also mark securities available in your demat account as collateral.

Timings for AxisDirect E-Margin trading

E-Margin trades are available between 9:15 am - 3:30 pm on both the exchanges. You need to square off all the open positions by 2:45 pm on the due date as applicable.

Key Points to Note on AxisDirect Margin Trading Facility

E-margin is available only in Equity on BSE and NSE.
It is the trader's responsibility to track and maintain funds for Mark to Market loss on all open positions. Else E-Margin open positions can be anytime squared off by the Axis Direct.
Interest on delayed payment at 18% p.a will be charged on all E-Margin trades.
It is trader's responsibility to square off all the open positions by 2:45 pm on the applicable date.

AxisDirect Margin

Segment	Trading Margin
Equity Delivery	100% (1x)
Equity Intraday	Upto 10x
Equity Future	100% (1x)
Equity Option	100% (1x)
Currency Future	100% (1x)
Currency Option	100% (1x)
Commodity Future	3x
Commodity Option	100% (1x)