Is margin trading available for NRIs with Tradeplus?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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-

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

Open Instant Account - Start Trading Today

Topic: Tradeplus Tradeplus NRI Account Review

Comments

Add a public comment...

Find more questions on this topic

Ask Your Question