True Margin Account brokers

Hi Friends,

I am looking for a broker who provides margin on the account balance.
I see most of the brokers provide margin for 200 to 700 scripts, but this is margin by script. My trades are on the entire universe of NSE scripts(Equity cash - intraday), which are about 2000.

I see Angel Broking provide margin account facility, but I am not sure if they support algo trading.

I am looking for a broker who -
1. Provides margin account - margin on the account balance for equity cash intraday trading - ALL NSE scripts.
2. Supports API/Algo Trading to send orders in an automated way.

Any help will be much appreciated.



Well-Known Member
Hello Hari,

Kindly check Motilal Oswal. It provides margin facility @ 18% per annum calculated on daily basis which is very nominal.

Best wishes.

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