Upstox is giving you the freedom to trade in Indian Stock market with higher margin and considered as "high exposure broker in india". The company offers 2 different products – Upstox and Upstox Pro (Priority). In Upstox Regular plan, Margin/ Exposure is standard but higher than competitors, where Upstox Priority plan is for traders who need extra leverage to perform trades. Company is giving up to 20x leverage in NSE/BSE Cash Intraday Cover Orders (CO). For more detail by each product type, please refer the table below.
The company also providing Margin Trade Facility (MTF). With MTF you can get 50% of your trade value up to Rs 5 lakhs. The ratio will be always 50/50. You need to pay interest on borrowed money Rs 20 per Rs 50,000 per Day. The Calculation will be done in multiple of 50K. MTF open orders will square off on the 30th calendar day. If 30th calendar day is holiday, then it will close on prior session.
Below table is a snap shot of Upstox Margin policy. We have covered Upstox trading margin by each segment. Below given leverage is a standard, this can be change depend on market volatility.
|Upstox Equity Delivery Margin||No Margin/Leverage for Equity Delivery.|
|Upstox Equity Intraday Margin||Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.|
|Upstox Future Margin (Index and Stocks)||Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.|
|Upstox Options Margin||Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.|
|Upstox Equity CO/BO Margin||Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.|
|Upstox Future CO/BO Margin (FCO)||Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.|
|Upstox Options CO Margin (OCO)||Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.|
|Upstox Commodity Margin||Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.|
|Brokerage Calculator||Upstox Brokerage Calculator|
|SPAN Margin Calculator||Upstox Margin Calculator|
Last Updated on 2019-06-27