Hey guys, I've started trading almost an year ago. I have been trading with a discount broker and would like to change to a different SP.
The most critical factors for me are safety of the investments without any unauthorised trades and provision of margin for delivery trades on CNC basis.
For example if I have shares of Rs. 100000 in my portfolio purchased on CNC basis, I use the margin provided on that Rs. 100000 to buy other shares on CNC basis. My current broker provides me with margin for 7 days.
I've seen that Zerodha doesn't even provide margin for delivery based trades and SAS requires us to transfer the shares from our DP to their beneficiary account in order to provide margin.
Please note that the above queries are all for CNC and not for futures and options.
The most critical factors for me are safety of the investments without any unauthorised trades and provision of margin for delivery trades on CNC basis.
For example if I have shares of Rs. 100000 in my portfolio purchased on CNC basis, I use the margin provided on that Rs. 100000 to buy other shares on CNC basis. My current broker provides me with margin for 7 days.
I've seen that Zerodha doesn't even provide margin for delivery based trades and SAS requires us to transfer the shares from our DP to their beneficiary account in order to provide margin.
Please note that the above queries are all for CNC and not for futures and options.
Last edited: