How much leverage (margin) do I get for Intraday?

Intraday lets you trade with up to 5x leverage — you can take a position worth up to five times your available funds, using as little as about 20% of the trade value as margin. The exact leverage on a given stock is set by our Risk Management (RMS) policy.

How much leverage do I actually get?

Up to 5x, but it varies by stock. Our RMS policy sets the leverage for each stock based on its risk and liquidity — highly liquid, large-cap stocks get the most, while volatile, illiquid, or surveillance-flagged stocks get less leverage or none at all.

Why does it vary between stocks?

Leverage magnifies both gains and losses, so the RMS policy assigns lower leverage to riskier stocks to protect you and manage settlement risk. The margin required for a stock reflects that — a lower-leverage stock needs more of your own funds upfront.

Good to know