Most of the brokers are providing E-Margin method to buy equities. By using the method, You can buy stocks on T day and can sell on or before T+5 days. They are providing good leverage for that. One of the brokers is providing nearly 10X times. Why can’t Zerodha provide this feature ASAP?
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We will have this T+2 +5 day product out in the next few weeks. 10X leverage on such positions is a little stupid though, if a broker is providing because of the risk he is taking. At the least, leverage should be similar to how much margin exchanges block for F&O positions.
If the broker gets greedy to earn more brokerage or charge interest on more, the risk of greed hurting the business is pretty high.
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Could you tell the Roll out date? We are eagerly waiting for that? How much leverage would you provide for that?
Can we expect in kite 3.0 update ? I am also waiting for this update
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T+5 days margin seems to be good while in the beginning. But the brokers charges exorbitant interest. So, though you sell the scripts at good price, the benefit is not fetched by you. You trade a month and after seeing the ledger, you will not be getting any benefit, due to exorbitant interest. I am telling this on my own experience.with Motilal.
So be careful in avoiding so much leverage…
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Sir this e margin product is available with Zerodha
Has Zerodha started providing E-margin facility for delivery trades.
If so, how to activate it in Z.
Thanks.