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What is cash buy-in ICICIDirect?

ICICIdirect Account Opening

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Cash buy-in ICICI Direct is a trade that is completely funded by the trader. You have to pay the total trading amount upfront when the trade is placed and executed. It is opposite to margin buy wherein traders only need to pay a fraction of the trading amount and rest before the delivery of the shares.

Cash buy is commonly known as Equity Delivery trades or Cash & Carry trades.

 

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