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Trade Smart Online Margin Exposure Limit, Leverage for Intraday and F&O

7.1% 23,265 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.

About Trade Smart Online

Mumbai based Trade Smart Online (TSO) is a venture of VNS Finance Capital Services Ltd. VNS Finance has over 25 years of experience in the trading industry, since 1994. TSO is an online discount brokerage company offering broking services in equities, commodities, currency, and derivatives, across multiple exchanges like NSE, BSE, and MCX. It is also a DP (Depository Participant) of CDSL.

Trade Smart Online offers good trading platforms and tools to its customers. The company offers platforms across desktop, mobile and web-

NEST Trader- An installable desktop trading terminal
SINE- NEST Mobile Trading App
NEST WEB- Browser based website

The above-mentioned online trading software is available free to TSO customers.

TSO customers can also access Fox Trader, an algo trading app. The software is built by Reliable Software and is a subscription-based product.

In addition to good trading software, Trade Smart Online customers can also benefit from a range of trading calculators like-

Brokerage Calculator- To calculate brokerage per trade.
Brokerage Savings Calculator- To know your profitable zones and break-even points.
Margin Calculator- To determine the margin investment required.

Trade Smart Online's other USP is its competitive brokerage plans. It offers 2 brokerage plans-

Value Trading Plan- In this plan, the brokerage charged is 0.007 % of the trade value.
Power Trading Plan- In this plan, the brokerage is Rs. 15 per executed order, regardless of the trade size.

Key Facts about Trade Smart Online

Member of multiple exchanges SEBI, NSE, BSE, MCX, and CDSL
Brokerage plans suited for both less volume and high volume traders
Offers high intraday exposure
17,000+ customers
Rs. 2500 cr+ in average daily turnover
100+ dedicated support team for assistance over phone, email and chat
Access to algo trading software 'Fox Trader'

Trade Smart Online Exposure Limit

TSO is also known in the market for its high exposure limits for intraday trades. The exposure facility allows customers to trade many times over the funds available in their account. TSO offers a leverage limit as high as 30x for some trades. So, if you have Rs 10,000 in your account then you can trade up to Rs 3,00,000 in some cases.

TSO also provides Margin Against Shares facility. This facility allows you to get an exposure limit against shares held in your demat account. The shares will be kept as collateral. The collateral value of the shares is calculated after applying a hair-cut percentage.

The total limit provided under Margin Against Shares is subjected to the Cash to the Collateral ratio of 40:60.

Trade Smart Online Margin Policy- Key Points to Note

Cover Orders (CO) & Bracket Orders (BO) are available only for present and near month contracts.
30x exposure limit in CO/BO for NSE cash is available only for NIFTY50 stocks.
MAS is not available for trading in CNC and Options contracts.
MAS is not available for online trading in the commodities.
Delayed Payment Charge @ 0.05% per day will be levied for margin shortfall in F&O and ledger debit on Cash trading.

The limit of exposure given by Trade Smart Online for different segments and trade is-

Trade Smart Online Margin

Segment	Trading Margin
Equity Delivery	1x (no margin)
Equity Intraday	30x trading margin
Equity Future	MIS: 3X \| BO: 7X \| CO: 7X
Equity Option	MIS: 3X \| BO: 7X \| CO: 7X
Currency Future	MIS: 3X \| BO: 3X \| CO: 3X
Currency Option	MIS: 3X \| BO: NA \| CO: NA
Commodity Future	MIS: 2X \| BO: 6X \| CO: 6X
Commodity Option	MIS: NA \| BO: NA \| CO: NA