Dear Tejas,
Kudos for
1) Providing such stable trading platforms & reliable Servers that are not Down on Days like 6th jan, 1st feb, 27 th February...& many more volatile Days
2) Providing some of the Best Scanners for Free on your Fyers one platform
3) Unique DOM Ladder & buy/sell panel to quickly look for wide Spreads in options contracts
4) 30 Day challenge without any Cap
But brokers like
Wisdom 7-10x Leverage mis
Tradesmartonline 7x bo/co
Aliceblue 10x mis
Providing for option selling
And in Fyers Bo is enabled for Monthly option selling tat brings its leverage to 7x
Then why not for weekly option selling... BO or CO be enabled ...any how stoploss are kept by traders even for Mis positions were leverage is 3-4x
Hi
@lucifers169,
1. Glad you like our trading platforms and the fact that our platforms were functioning properly while other brokers had issues.
2. Hmmm.. thanks! We'll try to make it easier to access scanners in the future. (No timelines).
3. Yep, ours is the only trading platform in India that provides DOM / Price Ladder trading. This was something that I am very happy about but not many people are aware of its uses. I did write a post but I guess trading on a ladder is quite an alien concept for traders here.
4.
BO and COs have inbuilt leverage, right? So, if everyone starts to use these product types to short options on expiry day, it uses up our margins at the exchange. Also, for option buy trades, it doesn't make much sense to provide leverage on BO and CO due to the danger of liquidity evaporating towards expiry. Not that it happens every other week but the way we see risk management is more prudent than many of the brokers you have mentioned, I guess. We can provide leverage. But we choose not to overdo it so that we can operate safely and without any unexpected consequences, glitches or risks.