Why should we stick with Zerodha?

[nithin]

@Tn4688

Can brokerages loan money to their clients?

This is what SEBI has just disallowed now

No additional intraday leverages from Aug 2021 in Indian capital markets

SEBI has just put a clarification on the issue around additional intraday leverages offered by all brokerage firms in India. While they have reiterated that all margins have to be collected before a trade, they have put in a framework and a phased adoption for penalizing non-collection of full margins. So intraday products that offer additional leverage over and above SPAN+Exposure for F&O or VAR+ELM for stocks, will have to stop completely by Aug 2021. Here is the circular. Check this thread t…