@TradeB2B can you please site out the scheme name or ISIN which is In the approved list from NSCCL but not available on this sheet?
We show all the securities that are approved to pledge from NSCCL, which is released every month by 25th.
Can you share your experience with 5 paisa now? I am also thinking about shifting to fyers or 5 paisa. Since you replied in 2021, just wondering if you are still using 5 paisa happily or shifted to some other broker?
@jay11 hai i am using 5 paisa not at all problem , but i am moving to dhan and mstock zero brokerage is available in the market , please look the below link
https://tradingqna.com/t/branded-new-brokers-are-in-the-market/129688
Thank you for your reply and provided link. I will check both Dhan & 5 paisa. I am not sure if I can take advantage of 0 brokerage for now because for that I have to give mstock 999 without taking a spin of their tools. I will wait for your review or some other reviews here.
Thanks again for the recommendations 
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Btw, I just found a post on Dhan Community where option traders are raising concerns over “Margin Issues”. You might want to check before initiating trades. I am not sure how valid or invalid those concerns are for you, just wanted to share this as it might help - Requiring Extra margins than other platforms - Bugs - Dhan Community
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@TradeB2B Does 5 paisa desktop terminal allow you to place 5000 quantity BankNifty in a single order? (i.e. order slicing to over come freeze limit)
@jay11 there is no margin issue i checked every thing is now a days same - some people cannot understand when the market volatility margin slightly will incresae by NSE , evry thing is same - if you need to check i will post it here in next post
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I am still learning options, so I think even I am not able to understand the whole issue. Btw, I have completed the account opening process with 5paisa today. Looking forward to a better journey of options trading with them 
No you wont be able to slice order for entry. But for exit or squareoff using nest trader you can slice it.
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Thanks. Do you know any other broker/software that allows order slicing for entry and exit?
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HDFC sec, IIFL, Interactive Brokers etc
Besides with the free apis now most frontline brokers give it is possible to do the order slicing at our end and send to the exchange.
Hi,
Just wanted to know that how you manage hedging with 5paisa? They simply do not provide buy first and sell after for hedging purposes? I tried placing a basket order but there is no option to place buy order first. I tried manually as well, but failed due to margin shortage.
Then I tried placing the same order on upstox with even lesser available funds in the account and it went through in a click. You are trading big positions everyday, how you make the hedging even possible with 5paisa?
This is how i am using 5p, their margin benefit will apply only once both the positions are taken
ie short first at full margin, long then to get the margin benefit
Basically we have to keep the full margin initially to execute the full trade. Other brokers are making it possible to trade without locking the full margin initially, I wonder why such an established broker is not providing this simple facility? Even new brokers like Dhan provide option to crate a basked with buy first and sell later orders.
@Viswaram, do you happen to know which all brokers have this dynamic margin benefit system like Zerodha? Or which don’t? Asking specifically for naked short strangles…
As much as am aware as per the new margin framework traders get as much as 70% margin benefit (depending on position) for hedged position compared to the earlier case with old margin framework. I am not sure why brokers wouldn’t pass on this benefit to traders.
Now I am talking in relation to Finvasia where I have an account.
For hedged positions if we buy an option first and then sell we get pre trade and post trade margin benefit with Finvasia. As we know zerodha doesn’t allow traders to buy options first to hedge and get pre trade margin benefit for whatever reason that they have.
For finvasia naked short strangles can be executed with whatever pre trade margin required for the trade. I guess the same is true for zerodha.
Also finvasia gives absolute zero charge services. So trade cost and account cost is lesser than with zerodha.
But you need to compare margins as well. They tend to block higher margins around 3-4%.
Even for Liquid/money market MF haircut is like 25%( insanely high ) where as std is 10%
Just look at this screenshot below, the buy order for 41400 PE was blocked when bank nifty was trading at 41700
how come just 300pts away from ATM is blocked these days??
see what it did to my ratio spread. if i had not cross checked it, the 41500 short PE which got executed from the basket would have gone overnight without any hedge
It’s Near Expiry. Not that unusual these days.
After waiting for more than 2 years now. Do we have a solution for this problem?
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