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Top 10 Best High leverage Brokers in India 2024

High leverage brokers in India and Compare Highest intraday margin brokers in India:

Top High leverage Stockbrokers in India
Top High leverage Stockbrokers in India

High leverage brokers in India: In this post, we’ve compiled a list of the Highest intraday margin brokers in India, Who is the best stock broker that provides the highest intraday margin/leverage to their clients? The best leverage brokers in India are rated based on intraday margin, delivery margin, futures margin, options margin, and currency and commodities margin. First, we’ll define margin and leverage, and then we’ll list the highest leverage brokers in India & also define the highest intraday margin brokers in India. 

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What is margin/leverage?

The margin is the amount of money that an investor must deposit with their broker or exchange to cover the credit risk that the holder provides to the broker or exchange. When an investor borrows cash from a broker to buy financial instruments, borrows financial instruments to sell them short, or enters into a derivative transaction, they take on credit risk.

When an investor buys an asset on margin, he or she borrows the remaining funds from a broker. The first payment made to the broker for the asset is referred to as buying on margin, and the investor utilizes the marginal assets in their brokerage account as collateral.

The margin is the difference between the selling price of a product or service and the cost of production, or the profit-to-revenue ratio, in a broad commercial setting. The part of an adjustable-rate mortgage (ARM) interest rate that is added to the adjustment-index rate is referred to as the margin.

Margin: An Overview

The amount of equity in a brokerage account is referred to as the margin. Using money borrowed from a broker to acquire stocks is referred to as “to margin” or “buying on margin.” To do so, you’ll need a margin account rather than a regular brokerage account. A margin account is a brokerage account in which the broker loans the investor money so that they can acquire more securities than they could with their existing account balance.

When you buy assets on margin, you’re basically utilizing the funds or securities already in your account as collateral for a loan. The collateralized loan has a fixed interest rate that must be paid on a regular basis. Because the investor is utilizing borrowed funds, or leverage, both the losses and gains will be amplified. When an investor expects to earn a larger rate of return on his investment than he is paying in interest on the loan, margin investing might be beneficial.

For example, if your margin account has a 50% initial margin requirement and you wish to buy Rs 20,000 worth of assets, your margin would be Rs 10,000, and you may borrow the remainder from the broker.

Points to be noted:

  • The difference between the entire value of the investment and the loan amount is the margin, which is money borrowed from a broker to acquire an investment.
  • Margin trading is the process of trading a financial asset with borrowed cash from a broker, which serves as security for the broker’s loan.
  • A margin account is a type of brokerage account that allows an investor to use their existing cash or securities as collateral for a loan.
  • The margin’s leverage will likely magnify both gains and losses. A margin call may compel your broker to sell securities without your permission in the case of a loss.

List of Top 10 High Leverage Brokers in India 2024:

RankName of BrokerRating
1.Wisdom Capital8.79/10
2.Upstox9.45/10
3.Zerodha9.41/10
4.Trade Smart Online9.32/10
5.SAS Online9.13/10
6.5Paisa9.01/10
7.TradeJini8.92/10
8.Aditya Birla Money8.67/10
9.Nirmal Bang8.66/10
10.Bonanza Online8.53/10

Review of Leading Intraday Margin Brokers in India 2024:

1. Wisdom Capital:

Wisdom Capital

Wisdom Capital, also known as the unorthodox broking house, is believed to be India’s leading discount broking firm, offering a wide range of goods and services with modern technology. Demat & Trading, Intraday, Depository, and Portfolio Management Services are among the many services provided by discount brokerage firms.

Wisdom CapitalMargin/ Leverage (depending upon brokerage plan)
Intraday EquityUp to 40X
Equity DeliveryUp to 40X
Equity FuturesUp to 20X
Equity OptionsUp to 40X
Currency FuturesUp to 15X
Currency OptionsUp to 15X
CommodityUp to 40X

2. Upstox:

Upstox logo

Upstox is a technology-driven discount broking business that offers its customers a 100 percent online trading and investment platform. It became one of the top brokers to launch a discount broking firm in India. Equity Trading, Derivatives, and Currency, which are the core trading items, are the cornerstones of all Upstox goods.

UPSTOXMargin/ Leverage
Intraday EquityUp to 25X
Equity DeliveryNA
Equity FuturesUp to 4X
Equity OptionsUp to 4X for selling and 1X on buying
Currency FuturesUp to 4X
Currency OptionsUp to 4X
CommodityUp to 3X

3. Zerodha:

Zerodha Logo

Though Zerodha is India’s finest discount brokerage firm, it only offers limited margin and leverage. They are the brokers with the highest intraday margin brokers in India in 2022.

ZerodhaMargin/ Leverage
Intraday EquityUp to 20X
Equity DeliveryUp to 1X
Equity FuturesUp to 2.5X
Equity OptionsUp to 2.5X
Currency FuturesUp to 20X
Currency OptionsUp to 2.5X
CommodityUp to 2.5X

4. Trade Smart Online:

Trade Smart Logo

VNS Capital Services’ discount brokerage arm, TradeSmart Online, is located in Mumbai. As a discount broker, it offers minimal brokerage and high intraday trading exposure. It also has a margin against shares (MAS) products and a product for additional exposure categories.

Trade Smart OnlineMargin/ Leverage
Intraday EquityUp to 30X
Equity DeliveryUp to 4X
Equity FuturesUp to 5X
Equity OptionsUp to 5X
Currency FuturesUp to 3X
Currency OptionsUp to 3X
CommodityUp to 5X

5. SAS Online:

SAS Logo

SAS Online is one of India’s high-leverage broker lists. It allows for a 20-time intraday margin, whereas commodities trading allows for a 5-time limit. Low brokerage is also available from the discount brokerage services.

SAS onlineMargin/ Leverage
Intraday EquityUp to 20X
Equity DeliveryUp to 20X
Equity FuturesUp to 20X
Equity OptionsUp to 20X
Currency Futures Up to 2X
Currency OptionsUp to 2X
CommodityUp to 5X

6. 5Paisa:

5Paisa Logo

5Paisa Capital Limited, the second-largest discount broker company, has amassed a sizable customer base in a short period of time. They have a wide range of products to provide, including equity, derivatives, mutual funds, SIPs, insurance, and currency. It is highly recommended for first-time investors because it is a bargain broking business that charges less than other brokers.

5PaisaMargin/ Leverage
Intraday EquityUp to 15X
Equity DeliveryUp to 4X
Equity FuturesUp to 2X
Equity OptionsUp to 2X
Currency FuturesUp to 2X
Currency OptionsUp to 2X
Commodity

7. TradeJini:

Trade Jini Logo

TradeJini was founded in 2012 as a discount broker. The company’s products and services include equities, intraday, futures & options, currency & commodities trading on the NSE, BSE, and MCX.

TradeJiniMargin/ Leverage
Intraday EquityUp to 20X
Equity Delivery
Equity FuturesUp to 2.5X
Equity OptionsUp to 2.5X
Currency Futures
Currency Options
CommodityUp to 3X

8. Aditya Birla Money:

Aditya Birla Money Logo

The full-service broker allows you to invest in stocks, options, currencies, commodities, IPOs, and mutual funds. It offers brokerage programs that are based on a subscription basis. The broker’s intraday leverage is 15 times, while the broker’s other financial leverages:

Aditya Birla MoneyMargin/ Leverage
Intraday EquityUp to 15X
Equity DeliveryUp to 5X
Equity FuturesUp to 3X
Equity Options
Currency Futures
Currency OptionsUp to 3X
CommodityUp to 2X

9. Nirmal Bang:

Nirmal Bang Logo

Nirmal Bang is one of India’s most well-known stockbrokers is a member of the NSE, BSE, MCX, and MCX-SX exchanges and works in a variety of business roles and this is the most popular full-Service broker in India.

Nirmal BangMargin/ Leverage
Intraday EquityUp to 10X
Equity DeliveryUp to 4X
Equity FuturesUp to 4X
Equity OptionsUp to 4X
Currency Futures
Currency OptionsUp to 3X
CommodityUp to 3X

10. Bonanza Online:

Bonanza Online Logo

Bonanza Online: In the Indian stock market, the full-service broker has lasted more than a decade. It offers significant MCX exposure and intraday trading leverage of 10X.

Bonanza OnlineMargin/ Leverage
Intraday EquityUp to 10 times
Equity Delivery
Equity FuturesUp to 3 times
Equity OptionsUp to 2 times
Currency FuturesUp to 2 times
Currency OptionsUp to 2 times
CommodityUp to 3 times

FAQs on High leverage brokers in India:

Which Indian broker gives maximum leverage?

Zerodha, Upstox, and Wisdom Capital are Indian brokers that offer the highest leverage.

Which broker gives the highest margin in 2024?

Zerodha, Wisdom Capital & Upstox are Indian brokers that offer the highest leverage in 2024.

Who is the No. 1 broker in India?

Upstox, Zerodha, 5Paisa, and Angel One Are ranking top stock brokers In India.

Who is the No. 1 full-time broker in India?

As of my knowledge cutoff in June 2024, is difficult to determine the exact ranking of full-time brokers in India, as it can vary depending on factors such as market share, customer preferences, and services offered. Some prominent full-time brokers in India include Zerodha, Upstox, ICICI Direct, HDFC Securities, and Sharekhan. It is advisable to conduct thorough research and compare the services, features, and charges of different brokers to determine which one suits your specific requirements.

Conclusion on High leverage brokers in India:

That concludes our discussion on high-leverage brokers in India. We’ve compiled a list of the best brokers with large margins on their products and services. We hope you enjoyed reading the article. In the comments area below, tell us which stockbroker you use or would pick for trading. Good luck with your investments!

It’s important to note that while high leverage can amplify potential gains, it also carries a higher risk. It’s crucial to thoroughly understand the risks involved and consider your investment goals and risk tolerance before using leverage. It’s recommended to research and compare the offerings, fees, and services of different brokers before making a decision.

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