How much margin does Finvasia give?
Finvasia margin for intraday trading is up to Up to 20% of trade value (max 5x leverage) based on the stock. Finvasia F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX.
What is MTM margin?
. How is Mark-to-Market (MTM) margin computed? MTM is calculated at the end of the day on all open positions by comparing transaction price with the closing price of the share for the day. In technical terms this loss is called as MTM loss and is payable by January 2, 2008 (that is next day of the trade).
Does Finvasia provide leverage?
At Finvasia, the leverage charges are calculated based on your available balance in your trading account and the stock category for which the leverage is requested. Log in to back office PRISM and select ‘Leverage Request’ You will see multiple categories including 2x (Free), 3x (Bronze), 4x (Silver) and 5x (Platinum).
What is CNC in Finvasia?
Cash and Carry (“CNC”) : This product is used when client wants to take delivery of shares in NSE and BSE. NRML : This product is used when client want to carry the position overnight for Futures and option in NSE,MCX,NCDEX and currency.
Is Finvasia a reliable broker?
Finvasia is a discount brokerage firm in India. It doesn’t charge any fee for investing across different segments. Finvasia is a reliable and trustworthy stockbroker as compared to many other brokers that are restricting the free brokerage model for particular time and segments.
Is Finvasia API free?
Note Finvasia does not charge any integration or support fees. You need to directly contact Algo Ii team for products and services.
What is future margin?
Futures margin is the amount of money that you must deposit and keep on hand with your broker when you open a futures position. It is not a down payment, and you do not own the underlying commodity.
What is premium margin?
The premium margin is the client wise premium amount payable by the buyer of the option and is levied till the completion of pay-in towards the premium settlement. Assignment Margin. Assignment Margin is levied on a CM in addition to SPAN margin and Premium Margin.
How good is Finvasia?
How does Finvasia earn?
“Finvasia offers commission-free trading in all segments on all exchanges. The management believes that a broker’s vested interests in churning trades to earn commissions topped by various hidden fees often kills existing investors and deters newbies from entering the market.
What is GTT in Finvasia?
Finvasia Support GTT (Good till triggered) is a feature that allows you to set a trigger price, such that if your trigger price is hit on a future date, a limit order will be placed on the exchange as per the limit price and preset conditions set by you.
What are DP charges Finvasia?
Finvasia Support DP transaction charges are Rs 9 per script charged by CDSL. These charges are applicable only when you sell your holdings.
How much leverage is there in finvasia margin calculator?
Finvasia SPAN Margin Calculator has both Futures & Options. The Equity Futures Exposure is 1.3x & Equity Options exposure is 1.3x. The Currency Leverage Calculator provides 1.3x exposure for Futures & 1.3x for Options, while Commodity Margin Calculator provides upto 1.3x margin funding.
What makes the finvasia stock trading calculator compelling?
What makes the Finvasia Calculator compelling is it fetches exact amounts that you need to pay as brokerages. Few companies which are based in Chandigarh makes it to the list of elite stock trading institutions. Well, Finvasia did manage to become one. They tore into the stock trading fraternity in 2013, and continue to dominate even today.
Which is mutual fund analyzer does finvasia use?
SMART (Simplified Mutual Fund Analyzer for Research and Trading) portal helps you find the right investment opportunities. Finvasia provides clients with cutting edge trading technology and a full suite of APIs to enhance their trading capabilities.
Do you get free brokerage with finvasia?
Finvasia continues to offers 100% free brokerage for the Equity Futures trading as well, which is the next service that we will talk about. We do agree that it is not an accessible mode of investment; however, it certainly has its fair share of potentialities. The company ensures you get all the support you need.