What is the margin requirement to take an intraday position?

Margin is required to take an intraday position because it allows traders to leverage their capital, enabling them to buy or sell more shares than they could with their available funds alone. For example, if you have ₹10,000 in your account and Torus offers a margin of upto 5x, you can take a position worth ₹50,000. This increases your potential for profit, but it also heightens the risk.

The margin requirement for taking an intraday position varies depending on the stock and current market conditions. Additionally, when pledging shares to secure margin, Torus charges a nominal fee of ₹21 per transaction, with no other hidden charges.

Last updated: 2 Months Ago