Wht's the Cost of 1 Lot of JPYINR

Trading
1

Hello Friends,

As of now, what is the cost of 1 lot of JPYINR in zerodha? And where can i find this information on zerodha?
Can someone please let me know.

Thanks

2

Currency derivatives span margin calculator - Zerodha Margin Calculator put in JPYINR

3

@TitanTrader I went to the page you said, and hit the calculate button on the side of JPYINR and got this:

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image698×342 8.07 KB

What do each of these terms mean? Bro, please help me understand these.
Thanks

4

Each lot costs about 1790 of NRML Margin
the current price of JPY Aginst INR is 0.534375 Since the lot size of JPYINR is 100,000 Units
the price is depicted for 1,000 Units to be in line with other currency pairs so it’s showing 53.4375 :slight_smile:
If you have available cash of Rs. 100,000 u would be able to buy about 55 lots due to the leverage available when trading currency :slight_smile:
I hope you have appropriate knowledge and exposure to trade in these pairs good luck :slight_smile:

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5

Thank you so much bro for your explanation. I want to know, it is possible to buy only 1 lot of this currency pair
instead of going for 55 lots and in that case what would be the cost of 1 Lot? Please clarify me.

6

Yes you can buy 1 Lot

7

So bro, I need to pay only Rs. 1790 for 1 Lot?

8

i hightly encourage you atleast read varsity before entering commodities. else there is high chance you will lose a lot of money.

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