Solution is when you click on this question itself.
1. Why I'm being charged more when Angel offers flat 20Rs per trade?
The plans are different, the one with a flat 20Rs charge is the i-Trade plan, which we don't have for our beginner students. The plans we offer are here:
Brokerage Charges Explained- Angel Broking. If some student is interested in doing FnO, let us know beforehand, we'll put you on the i-Trade plan.
2. I'm getting continuous / SMS emails for pledging of shares, what should I do?
You have to buy or probably would have bought in Delivery mode. In such cases, there is absolutely no need to pledge or accept the pledging request.
You only have to pledge only when you would have purchased on Margin.
PS: If you buy any share on margin, Angel Charges you some extra percentage of charge per day, as it is a kind of loan for taking the trades.
Latest Margin Update
- VaR margin: This is the most common method used. Here, we estimate the probability of loss based on historical price trends and volatility of the stock. It covers the most considerable percentage loss that can be incurred by an investor for shares on a single day with a 99% confidence level.
- Extreme Loss margin: This is a margin that covers expected losses in situations that lie outside the coverage of the VaR margin.
- Mark-to-Market margin: MTM is calculated on all open positions at the end of the trading day by comparing transaction price with the closing price of the share for the day.
3. The available margin doesn't match with the amount I have/should have. What should I do?
Or
What does the available margin mean?
Unrealised positions are the trades that you have taken, but not yet squared off. These trades are currently open, and when you close them, they become realised ones.
Funds mean the amount of cash you have in your Demat account. This is the amount you can use to buy shares on Delivery.
Eligible Holdings means the amount which your broker gives you to trade, without pledging your shares which you are presently holding (Bought on delivery) for trading in Intraday. If you want some more amount for your held shares for doing Intraday, you can pledge those shares. Remember Pledging is your choice and not mandatory.
Available Margin is the sum which you can use to do Intraday, and is Sum of Funds and Eligible Holdings.