“I am a beginner in trading with less capital (Rs. 10,000), and I am trying to do intraday trading. I need to understand leverage: specifically, whether it’s an amount the stockbroker provides or an amount that is paid to me after some time. For example, if the share price is Rs. 32.61 and I buy 500 shares with a 5x margin, I would put in Rs. 3261, and the total share price would be approximately Rs. 16,000. So, is the remaining amount paid to me at the end of the month, or does the broker pay that amount?”
As it’s intraday trade, you will temporarily use broker’s funds till the trade is on .
No need to pay brokers anything except brokerage