Top 10 Brokers offering High Margin [2019]

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Brokers offering Lowest Brokerage and Highest Margin

The stockbroking industry is very chaotic and it is very easy to lose sight of what is best for you. In any case, if you are looking for a broker who provides low brokerage and high margin then you are at the right place.

These two things are prerequisite for all traders to look to trade in high volumes. However, one should not look for only these two things while choosing a broker that matches their needs. They should also look at the technological aspects like the trading platforms being provided by the broker, the customer service being provided by the broker also constitutes a major part of that decision.

Lastly, they should read reviews on all brokers and compare them to get a better idea of the products and services each one has to offer.

Most broking firms these days provide various services to their clients to help them with trading like providing stock market tips, study material to help them learn more about the various techniques that help them become a successful trader. However, most traders also look at margin trading as a major source of income and many brokers are providing them with high margin facilities to aid them in their bid to be a profitable trader.

As a result, most traders/investors looking for high margin facilities end up a lot of money as brokerage which ultimately costs their profit margins. The traders as they have to play in margin generally prefer brokers who charge less brokerage so that they can earn profits on every trade. Hence, it makes sense for these traders to find brokers who pay high margins and charge low brokerage for it.

Nowadays, traders can trade from anywhere and most brokers provide their customers with the ease of trading from their mobile phones, tablets, laptops, iPads etc. The brokers which offer high exposure also provide their customers with various other services. Here is a list of brokers providing high margin and low brokerage facilities to their customers.

  • Wisdom Capital
  • UPSTOX/RKSV
  • Zerodha
  • 5Paisa
  • Bonanza Online
  • Trade Smart Online
  • Nirmal Bang
  • SAS Online
  • Tradejini
  • Aditya Birla Money

From the above list, most of them are Discount Brokers who play an important role in making your trade cheaper by keeping the brokerage low, which is why a number of investors want to invest with discount brokerage firms.

Here are the details of the plans being offered by these brokers to their respective clients in the various trading segments:

Equity Intraday

This is one of the most competitive segments in terms of margin trading. Wisdom trading leads the pack with 60 times the margin which is more than double the rest of the pack:

BrokerBrokerageMargin
Wisdom CapitalRs 9 per tradeUp to 60 times depending on the brokerage plan
UPSTOX/RKSVRs 20 per orderUp to 20 times
ZerodhaRs 20 per tradeUp to 20 times
SAS onlineRs 9 per orderUp to 20 times
5PaisaRs 10 per executed orderUp to 15 times
Bonanza Online0.01%Up to 10 times
TradejiniRs 20 or 0.01% per executed order.Up to 20 times.
Aditya Birla Money0.03%Up to 15 times.
Nirmal Bang0.02%Up to 10 times.
Trade Smart OnlineRs 15 per executed order or 0.07%Up to 30 times.
Equity Delivery

Most brokers don’t offer much margin in this segment and hence it is not a very competitive segment in terms of margin trading. Wisdom Capital leads the way here as well. Please find the details of the various plans below:

BrokerBrokerageMargin
Wisdom CapitalFreedom Or 0.05%Up to 5 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderNA
ZerodhaRs 20 per tradeUp to 1 times
SAS onlineRs 9 OR 0.1% per orderUp to 1 times on all stocks
5PaisaRs 10 per executed orderUp to 4 times
Bonanza Online0.10%NA
TradejiniRs 20 per executed order.NA
Aditya Birla Money0.30%Up to 5 times.
Nirmal Bang0.20%Up to 4 times.
Trade Smart OnlineRs 15 per executed order or 0.07%Up to 4 times.
Equity Futures

In this segment Wisdom Capital and SAS Online offer almost equal amount of margin which the rest are in the range of 2-5 times. Here are the details below:

BrokerBrokerageMargin
Wisdom CapitalRs 9 per executed TradeUp to 200 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderUp to 4 times
ZerodhaRs 20 per tradeUp to 2.5 times
SAS onlineRs 9 per orderUp to 20 times
5PaisaRs 10 per executed orderUp to 2 times
Bonanza Online0.01%Up to 3 times
TradejiniRs 20 or 0.01% per executed order.Up to 2.5 times.
Aditya Birla Money0.03%Up to 3 times.
Nirmal Bang0.02%Up to 4 times.
Trade Smart OnlineRs 15 per executed orderUp to 5 times.
Equity Options

In this segment, you ought to visit the leverage rate provided by Wisdom Capital which highest of all the stockbrokers mentioned in the list. Selling options is the most successful strategy where a client is profitable most of the times.

BrokerBrokerageMargin
Wisdom CapitalRs 9 per executed TradeBuying 1.5 times and selling options Up to 200 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderUp to 4 times
ZerodhaRs 20 per tradeUp to 2.5 times
SAS onlineRs 9 per orderUp to 20 times
5PaisaRs 10 per executed orderUp to 2 times
Bonanza OnlineRs 15 per lot.Up to 2 times
TradejiniRs 20 or 0.01% per executed order.Up to 2.5 times.
Aditya Birla MoneyRs 50 per lotNA
Nirmal BangRs 35 per lotUp to 4 times.
Trade Smart OnlineRs 15 per executed order or 0.07%an Up to 5 times.
Currency Futures

Most brokers are on par with each other in this segment. Here is the detailed list:

BrokerBrokerageMargin
Wisdom CapitalRs 9 per executed TradeUp to 15 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderUp to 4 times
ZerodhaRs 20 per tradeUp to 20 times
SAS onlineRs 9 per orderNA
5PaisaRs 10 per executed orderUp to 2 times
Bonanza Online0.00%Up to 2 times
TradejiniRs 20 or 0.01% per executed order.NA
Aditya Birla Money0.03%NA
Nirmal Bang0.02%NA
Trade Smart OnlineRs 15 per executed order or 0.07%Up to 3 times.
Currency Options

In this segment, it is very clear to see that the margin offered by Wisdom Capital is very lucrative. Here are the details:

BrokerBrokerageMargin
Wisdom CapitalRs 9 per executed TradeUp to 15 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderUp to 4 times
ZerodhaRs 20 per tradeUp to 2.5 times
SAS onlineRs 9 per order2 times limit is provided in all the option contracts for selling and 100% premium amount for buying
5PaisaRs 10 per executed orderUp to 2 times
Bonanza OnlineRs 5 per lotUp to 2 times
TradejiniRs 20 executed order.NA
Aditya Birla MoneyRs 20 per lotUp to 3 times.
Nirmal BangRs 20 per lotUp to 3 times.
Trade Smart OnlineRs 15 per executed order or 0.07%Up to 3 times.
Commodity

Commodity segment has the following brokerage and margin on offer:

BrokerBrokerageMargin
Wisdom CapitalRs 9 per executed TradeUp to 7 times depending upon the brokerage plan.
UPSTOX/RKSVRs 20 per orderUp to 3 times
ZerodhaRs 20 per tradeUp to 2.5 times
SAS onlineRs 9 per orderUp to 5 times
5PaisaNANA
Bonanza Online0.00%Up to 3 times
TradejiniRs 20 or 0.01% per executed order.Up to 3 times.
Aditya Birla Money0.03%Up to 2 times.
Nirmal Bang0.01%Up to 3 times.
Trade Smart OnlineRs 15 per executed order or 0.07%Up to 5 times.

You should make a decision based on your requirements and trading preferences. Also, kindly keep in mind to make a decision based on other factors like trading platforms, customer service, research accuracy etc. which make a crucial difference when trading in real-life.

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