Finvasia has recently overhauled their intraday leverage.
Previously they had a blanket 10 X leverage on all stocks including non F&O.
With the new leverage policy in place many of the commonly traded F&O stocks like biocon etc has been cut down to only 5X intraday leverage and many F&O less than 4X.
As a day trader what is your opinion on such moves by your broker ? Will you tolerate or give your business somewhere else ?
Why do some brokers end up messing around their clients , with such illogical change in policies on highly liquid stocks?
