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Is margin trading available for NRIs with Tradeplus?

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Yes, Tradeplus offers a margin trading facility to NRIs. However, they can trade using margins only with funds routed through the NRO bank account. NRE accounts are not eligible for margin trading.

Margin Trading is a facility offered to an investor in which he can buy shares and securities by paying a fraction of the total trade value. The fraction amount to be paid is called a margin. The margin amount can be paid in the form of cash or shares as collateral. In margin transactions, the stock broker funds the balance amount.

Tradeplus offers you following margin and leverage facilities-

  1. Normal Orders - Trade in selective stocks up to 2 times and settle within Trade + 5 working days
  2. Margin Intraday Square up (MIS) - Trade up to 6 times for Intraday and
  3. Margin Trading Facility - For trading in NSE segment using stock collateral and hold them for a maximum of 1 year.

 

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