Top 5 Discount Brokers offering High Leverage in India

Top 5 Discount Brokers offering High Leverage in India

Top 5 Discount Brokers are ranked based on intraday margin, carryforward/delivery margin , stop-loss orders margin and the margin provided on pledging of a stock.

What is Margin/Leverage?

Margin/Leverage helps you to trade in much larger positions than your capital. But you need to maintain a certain amount of capital to enjoy the leverage which varies with brokers, instruments, etc.

Example: Let's say you want to buy(BO/CO) 100 quantities of Ashok Leyland stock which is trading at 100 with a stop loss of 95 and the margin provided by a broker is 15.2x, you just need to have Rs. 660 in your account to buy shares worth Rs. 10,000.

Below is the list of Top 5 Brokers:

Scroll down to know brief information about them :

Rank Broker Name
1 Wisdom Capital
2 Trading Bells
3 My Value Trade
4 Zerodha
5 Tradejini

Wisdom Capital is a discount broker established in 2013, headquartered in Bangalore. They are depository participant of NSDL & CDSL and offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
Instrument Carryforward Intraday
Normal With Stoploss BO & CO
Equity Cash/Spot Pro Plan - 2X (BTST)
Ultimate Plan - 4X (BTST)
Pro Plan - 40X on turnover
Ultimate Plan - 60X turnover
No Leverage
Equity Futures N Options Exchange Specified Margin Pro Plan - 6X on turnover
Ultimate Plan - 15X on turnover
Pro Plan - 20X (cover order)
Ultimate Plan - 20X (cover order)
Currency Futures N Options Exchange Specified Margin 2x on Exchange Specified Margin No Leverage
Commodity Futures N Options Exchange Specified Margin Pro Plan - 6X on Exchange Specified Margin
Ultimate Plan - 10X on Exchange Specified Margin
Pro Plan - 7X on Exchange Specified Margin
Ultimate Plan - 14X on Exchange Specified Margin

Trading Bells is a discount broker established in 1992, headquartered in Indore. They are depository participant of NSDL and offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
Instrument Carryforward Intraday
Normal With Stoploss BO & CO
Equity Cash/Spot Regular Plan - Zero
Premium Plan - 2x on turnover
Regular Plan - 10x on turnover
Premium Plan - 20x on turnover
Regular Plan - 22x on turnover
Premium Plan - 40x on turnover
Equity Futures N Options Exchange Specified Margin Regular Plan - 3x on Exchange Specified Margin
Premium Plan - 5x on Exchange Specified Margin
Regular Plan - 7x on Exchange Specified Margin
Premium Plan - 10x on Exchange Specified Margin
Currency Futures N Options Exchange Specified Margin Regular Plan - 3x on Exchange Specified Margin
Premium Plan - 5x on Exchange Specified Margin
Regular Plan - 7x on Exchange Specified Margin
Premium Plan - 10x on Exchange Specified Margin
Commodity Futures N Options Exchange Specified Margin Regular Plan - 3x on Exchange Specified Margin
Premium Plan - 5x on Exchange Specified Margin
Regular Plan - 7x on Exchange Specified Margin
Premium Plan - 10x on Exchange Specified Margin

My Value Trade is a discount broker established in 1985, headquartered in Ludhiana (Punjab). They are depository participant of NSDL and offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Bonds
Instrument Carryforward Intraday
Normal With Stoploss BO & CO
Equity Cash/Spot 4x on turnover 35x on turnover 10x on turnover
Equity Futures N Options Exchange Specified Margin 4x on Exchange Specified Margin 3x on Exchange Specified Margin
Currency Futures N Options Exchange Specified Margin 4x on Exchange Specified Margin 5x on Exchange Specified Margin
Commodity Futures N Options Exchange Specified Margin 40x on Exchange Specified Margin 5x on Exchange Specified Margin

Zerodha is a discount broker established in 2010, headquartered in Bangalore. They are depository participant of CDSL and offer products like :

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
Instrument Carryforward Intraday
Normal With Stoploss BO & CO
Equity Cash/Spot No Leverage 14x on turnover 28x on turnover
Equity Futures N Options Exchange Specified Margin 2.5x on Exchange Specified Margin 7x on Exchange Specified Margin
Currency Futures N Options Exchange Specified Margin 2x on Exchange Specified Margin 4x on Exchange Specified Margin
Commodity Futures N Options Exchange Specified Margin 2x on Exchange Specified Margin 4x on Exchange Specified Margin

Tradejini is a discount broker established in 2012, headquartered in Bangalore. They are depository participant of CDSL and offer products like:

  • Equity Spot
  • Equity Futures and Options
  • Currency Futures and Options
  • Commodity Futures and Options
  • Mutual Funds
  • Bonds
Instrument Carryforward Intraday
Normal With Stoploss BO & CO
Equity Cash/Spot No Leverage 10x on turnover 30x on turnover
Equity Futures N Options Exchange Specified Margin 2.5x on Exchange Specified Margin 6x on Exchange Specified Margin
Currency Futures N Options Exchange Specified Margin 2x on Exchange Specified Margin 5x on Exchange Specified Margin
Commodity Futures N Options Exchange Specified Margin 3x on Exchange Specified Margin 6x on Exchange Specified Margin




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