Which brokers provide High Intraday Margin for Index Option Sellers?

#11
I could not find upstox 1947 free brokerage plan on their website, I was using SASonline for scalping.
can you help me how can i find more about their unlimited plan?
which instrument you scap btw? I scalp crudeoil

Also regarding Angel Broking, I could not find anything related to margins on their website, can you help me with the links?
first try selling with less leverage and look out for consistence profit say for 3 three months .. and scale up with leverage..
 
#12
i have account with almost every discount broker and i am index option seller.
i am trading with upstox who provides 4 X intraday margin. i have 1947 free brokerage plan so i use upstox account for scalping.
i also trade in Angel broking which now provides 10 X intraday margin so for banknifty around 7 k for nifty 8 k. and 20rs per order brokerage.
so the winner is angel if u want the best deal.
my friend in angel helped me to open account in angel within half hour also guided me throughout the whole online process and activated the above plan for me. 10 X margin & 20 rs brokerage per order. also account opening is free for limited time. if u want to open account u can message i will give u his contact information.
i am not associated with any broker also i am not sub broker. if u want u can open account by urself also.
I have similar 1947 rksv upstox account with now 3x selling power(reduced from 5x) but tired of lagging punching order to execute. Which one you are using currently ? Me mostly in selling/hedging option intraday. Any clue about sasonline ?
 

razx5

Active Member
#13
I see that it is not easy to find reputed brokers in the market who provide high exposure margin for option selling in intraday and Positional .

Here are the parameters:

1. Number of times Margin Provided for Option selling (should not frequently change)
2. Reputed broker? should be operating since long time and can be trusted
3. Good reliable Platform and User Interface
4. charges flat fee per order execution and not by percentage or number of lots.
5. No other unnecessary charges
6. Pledging facility for stocks


Can anyone please suggest brokers as per the above parameters or your experience with any of the ones listed here?

I see some names and I hear the downsides like:
5 paisa: 6k per year subscription for 5x on normal & 10x on expiry, levies unnecessary charges people say.
Aastha trade, wisdom capital, dont seem to be reputed, or have good user interface
Aliceblue: expiry day Index option margin limit reduced to 5X
Upstox: have to buy paid subscription plan to get 6X margin and 10X on expiry trade
thenexttrade: does not look reputed
Angel broking: website is confusing, couldnot find margin
I see that it is not easy to find reputed brokers in the market who provide high exposure margin for option selling in intraday and Positional .

Here are the parameters:

1. Number of times Margin Provided for Option selling (should not frequently change)
2. Reputed broker? should be operating since long time and can be trusted
3. Good reliable Platform and User Interface
4. charges flat fee per order execution and not by percentage or number of lots.
5. No other unnecessary charges
6. Pledging facility for stocks


Can anyone please suggest brokers as per the above parameters or your experience with any of the ones listed here?

I see some names and I hear the downsides like:
5 paisa: 6k per year subscription for 5x on normal & 10x on expiry, levies unnecessary charges people say.
Aastha trade, wisdom capital, dont seem to be reputed, or have good user interface
Aliceblue: expiry day Index option margin limit reduced to 5X
Upstox: have to buy paid subscription plan to get 6X margin and 10X on expiry trade
thenexttrade: does not look reputed
Angel broking: website is confusing, couldnot find margin

U can login thru bot n aliceblue...submit a request on Wednesday morning to avail 10x margin.on Thursday...they charge some minimum amount of 0.03% of the exposure capital for same
 

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?