Maximum leverage given by brokers

#1
I have brokerage account with ShareKhan. My broker has offered by an intra day limit of 2.5lakhs,which translates into 10X trades i.e. worth 25lakhs. However all positions have to be squared on the day itself.

I am looking for 4-5 lakhs of intra day limit (10X = 40lakhs). Are there any brokerages which offer that much intra day limit?
 

nac

Well-Known Member
#2
If you can negotiate, you will get it. I have used up to 20 times leverage and I have heard there are brokers who would give even more.

Note: Be careful when using high leverage.
 
#3
thanks nac for your response. I have negotiated hard and could get only 2.5 lakhs. someone told me angel provided upto 10 lakhs margin, so thought to verify the figures before trying again.

anyone cares to share their figures?
 

hames

Active Member
#4
Hi techsavvy

i also have an account with sharekhan and they give 10X leverage on "A" category stocks, that's their standard for intraday and it has to be squared off by 3:15 PM else it is auto square off.
 

Einstein

Well-Known Member
#5
As per sebi rules, one can provide maximum leverage of 25%. but most brokerage houses don't. they don't want their client to dissapear overnight :p

and yes surely, if you can invest more then 1 lakh, and negotiate properly. they will surely provide you 20 times intraday leverage.
 

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