How Much Margins Leverage Does Groww Provide?
The brokerage industry is developing and becoming more competitive. Many brokers now globally offer large margin and leverage incentives allowing investors. An investor will be able to take a more aggressive position on their trades and aim for a higher return. Groww, a renowned brokerage firm, also offers leverage for various trading strategies.
Leverage Policy Of Groww
Equity intraday traders can use the leverage facility offered by Groww. With the use of the leverage facility, investors can trade several times more than the amount of money in their accounts. So, they can increase their chances of making profits by taking more positions.
- Based on the stock’s volatility a trader can get a leverage of up to 8 times for equity intraday
- For sell trades involving equity delivery, you do not get any exposure.
- Exposure for buy trades in equity delivery is only up to one time of your account balance.
- At 3:10 PM, the intraday trades automatically get squared off.
- The charges for “automatic square-off ” are Rs 50 per spot.
Leverage For Intraday Equity Trading
Based on the volatility of the equities, Groww offers equity intraday traders leverage up to 8 times. For each security, you get a distinct margin limit. Thus, the value of the margin varies. The exposure offered is lower for highly volatile equities. The highest amount of margin allowed is up to 8 times for the less volatile stocks.
Let’s suppose, you have Rs. 10,000 in your trading account. So, you can purchase or sell stocks for up to Rs. 80,000 during intraday trades. To know the exact value of leverage Margin you can get, use the Groww Margin Calculator. You can find the margin balance, exposure margin and also the shares with and without leverage.