High leverage stock brokers in India: In this article, we have listed top brokers in India who offer high margin/leverage to their customers. The best leverage brokers in India are ranked based on intraday margin, delivery, futures, options margin and we have also included margin offered in currency and commodity.
We will first understand what is margin or leverage is and then list down the highest leverage brokers in India.
What is Margin / Leverage?
Margin and leverage are direct synonyms of each other in the financial market. It simply gives you the power to buy/trade in stocks that we can’t afford to buy. Through margin trading, one is allowed to buy the stocks by just paying a part of the actual value of shares.
“As explained by leverage experts atLeverage Trading, margin and leverage go hand-in-hand and are the building blocks in forex trading which allows traders to deposit a small margin collateral and amplify their trade size through leveraged contracts”
The margin can be paid either in terms of cash or in shares as security. The balance amount of shares are funded by the brokers. In other words, margin simply refers to the amount of money borrowed from the broker to buy the shares of a company. The broker acts as the lender of money and the securities in the investor’s trading account, are kept as collateral.
Example: Let’s say you want to buy (BO/CO) 100 shares of Britannia which is trading at 200 and the margin provided by your broker is 20X, then you just need to have₹1000in your account to buy shares worth ₹20,000.
| Rank | Broker Name |
|---|---|
| 1 | Wisdom Capital |
| 2 | SAS Online |
| 3 | Zerodha |
| 4 | Upstox (RKSV) |
| 5 | 5Paisa |
| 6 | TradeJini |
| 7 | Nirmal Bang |
| 8 | TradeSmart Online |
High Leverage Brokers in India
Following is the list of stock brokers with high leverage margin:
1. Wisdom Capital
Wisdom Capital is said to be the fastest-growing discount broking company in India as they offer a wide range of products and services with advanced technologies and are called the unorthodox broking house.
The extensive services offered by the discount broking house contain Demat, Trading, Intraday, Depository, and Portfolio Management Services.
| Wisdom Capital | Exposure (depending upon brokerage plan) |
| Intraday Equity | Up to 60X |
| Equity Delivery | Up to 40X |
| Equity Futures | Up to 20X |
| Equity Options | Up to 40X |
| Currency Futures | Up to 15X |
| Currency Options | Up to 15X |
| Commodity | Up to 40X |
2. SAS Online
SAS Online is among the high leverage brokers in India. It gives 20 times intraday margin while in commodity trading, it gives 5 times limit. The discount brokerage firm also offers low brokerage.
| SAS online | Exposure |
| Intraday Equity | Up to 20X |
| Equity Delivery | Up to 20X |
| Equity Futures | Up to 20X |
| Equity Options | Up to 20X |
| Currency Futures | Up to 2X |
| Currency Options | Up to 2X |
| Commodity | Up to 5X |
3. Zerodha
Though Zerodha is the best discount stockbroker in India, but it provides limited margin/leverage. They are highest intraday margin brokers in India 2021.
Quick Note:If you want to open a FREE Demat account with Zerodha,here’s the direct link!
| Zerodha | Exposure |
| Intraday Equity | Up to 20X |
| Equity Delivery | Up to 1X |
| Equity Futures | Up to 2.5X |
| Equity Options | Up to 2.5X |
| Currency Futures | Up to 20X |
| Currency Options | Up to 2.5X |
| Commodity | Up to 2.5X |
Also read: How to open Demat and Trading Account at Zerodha? Online Account Opening Process!!
4. Upstox (RKSV)
One of the first brokers to start a discount broking firm in India, Upstox is a technology-driven discount broking firm that provides a 100% online trading and investing platform to its customers.
The mainstays of all the products offered by Upstox are Equity Trading, Derivatives, and Currency which are the basic trading products.
| UPSTOX/RKSV | Exposure |
| Intraday Equity | Up to 25X |
| Equity Delivery | NA |
| Equity Futures | Up to 4X |
| Equity Options | Up to 4X for selling and 1X on buying |
| Currency Futures | Up to 4X |
| Currency Options | Up to 4X |
| Commodity | Up to 3X |
Related Article
Top 10 Stockbrokers in India 2021!
5. 5Paisa
The second-largest discount broker firm,5Paisa Capital Limitedhas created a huge customer base just in a very short span of time.
They offer Equity, Derivatives, Mutual Funds, SIPs, Insurance and Currency under their variety of options to offer valuable products. Since it is a discount broking firm, they charge cheaper than the other brokers and is highly recommended for first-time investors.
Quick Note:If you want to open a Demat account in 5 minutes with 5Paisa,here’s the direct link!
| 5Paisa | Exposure |
| Intraday Equity | Up to 15X |
| Equity Delivery | Up to 4X |
| Equity Futures | Up to 2X |
| Equity Options | Up to 2X |
| Currency Futures | Up to 2X |
| Currency Options | Up to 2X |
| Commodity | NA |
Also read: 8 Best Discount Brokers in India – Stock brokers List 2021!
6. TradeJini
TradeJini is a discount stockbroker incorporated in 2012. The product and services of the company includetrading in equity, intraday, future & option, currency & commodities on NSE, BSE, and MCX.
| Tradejini | Exposure |
| Intraday Equity | Up to 20X |
| Equity Delivery | NA |
| Equity Futures | Up to 2.5X |
| Equity Options | Up to 2.5X |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity | Up to 3X |
7. Nirmal Bang
Nirmal Bang is one of the prominent full-service stockbrokers in India. The stockbroker operates in multiple business capacities and has membership with NSE, BSE, MCX, and MCX-SX.
| Nirmal Bang | Exposure |
| Intraday Equity | Up to 10X |
| Equity Delivery | Up to 4X |
| Equity Futures | Up to 4X |
| Equity Options | Up to 4X |
| Currency Futures | NA |
| Currency Options | Up to 3X |
| Commodity | Up to 3X |
8. TradeSmart Online
TradeSmart Online is the discount brokerage arm of VNS Capital Services based out of Mumbai.
Being the discount broker it provides low brokerage and high exposure in intraday equity. It also offers a margin against shares (MAS), other exposure category product.
| Trade Smart Online | Exposure |
| Intraday Equity | Up to 30X |
| Equity Delivery | Up to 4X |
| Equity Futures | Up to 5X |
| Equity Options | Up to 5X |
| Currency Futures | Up to 3X |
| Currency Options | Up to 3X |
| Commodity | Up to 5X |
Also Read
Best Commodity Trading Platform – List of Top 10 Commodity Brokers in India
That’s all for the high leverage brokers in India article. We have listed all the top brokers who offer high margins for their products and services. We hope you have liked the article. Do let us know which stockbroker you use or would choose for trading purposes in the comment section below. Happy investing!
