NJ Wealth Margin Calculator
You can open a Demat with NJ Wealth with charges of RS. 300. They also charge a brokerage of 0.01% to 0.02% on intraday. The website itself hosts the margin calculator and can also be found on third party websites also. Margin calculator follows a very basic calculation of how much exposure the broker is giving at each segments and how can you utilize the available capital to invest in various segments. Margin is mostly used to manage capital in intraday trading.
NJ Wealth Equity margin calculator
NJ Wealth Equity Intraday margin calculator
- Intraday is as simple as opening and closing a position ok the same trading session/day. You can either first buy or sell in intraday.
- Intraday on NJ Wealth can be done with margin exposure of 7 times on Equities.
- Equity intraday brokerage is flat 0.01% to 0.02.
NJ Wealth Equity Delivery Margin Calculator.
- Delivery trade is simpler to understand. You buy share/shares today and sell it at a later date than today.
- Brokerage on delivery trading on NJ Wealth is 0.1% to 0.2%
- NJ Wealth also extends the margin trading on delivery trades with 2 times exposure.
- When you enter into an intraday position on a buy side you still have the option to convert it into a delivery trade by converting the position. However you cannot carry forward a short position to a delivery trading as you cannot sell without holding the shares.
NJ Wealth Equity Future Margin
- You can also invest into equity in the form of Equity Future. This is way you can also invest into the short side of an equity and hold positional also.
- Margin is also provided by NJ Wealth on Equity future up to 4 times.
- SEBI rules have become stringent and when you enter into a Future or option position to carry it onto the next trading session you also need to have Span margin amount in your trading account.
- When you carry forward the intraday into positional holdings, you will be charged interest on the margin provided + GST and the time frame is seven days before it gets auto squared off.
NJ Wealth Equity Option Margin
- You can also invest into equities in the form of Options. NJ Wealth lets you use the margin up to 5 times.
- You can also trade Options on an intraday or delivery basis. It can be held until its expiration date.
- SEBI rules have become stringent and when you enter into a Future or option position to carry it onto the next trading session you also need to have Span margin amount in your trading account.
NJ Wealth Exposure Margin Or Leverage List
| Segment | Margin/Exposure/Limit/Leverage |
| Equity Delivery | Upto 2x margin |
| Equity Intraday | Upto 7x leverage |
| Equity Future | Upto 4x exposure |
| Equity Option | Upto 5x intraday |
| Currency Future | Upto 3x limit |
| Currency Option | Upto 3x margin |
| Commodity Future | Upto 5x exposure |
| Commodity Option | Upto 1x Leverage |
| BO & CO Margin | – |
NJ Wealth Commodity Margin Calculator
- NJ Wealth also has MCX enabled on its trading platform. It is as simple as Equity trading.
- NJ Wealth has option to use 5 times margin on it.
NJ Wealth Commodity Future Margin Calculator
- For ease of commodity trading MCX have reduced the commodity lots to mini lots. Mega lots are one full big lot.
- On NJ Wealth you can trade on both these mega and mini lots as per your requirement.
- 5 times margin is available for Commodity on NJ Wealth.
NJ Wealth Commodity Option Margin Calculator
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NJ Wealth Currency Margin calculator
NJ Wealth Currency Future margin calculator
- You can use up to 1 time of margin on Currency Futures.
- SEBI rules have become stringent and when you enter into a Future or option position to carry it onto the next trading session you also need to have Span margin amount in your trading account.
NJ Wealth Currency Options margin calculator
- You can use up to 3 times of margin on Currency Options on NJ Wealth
- SEBI rules have become stringent and when you enter into a Future or option position to carry it onto the next trading session you also need to have Span margin amount in your trading account.
NJ Wealth BO ad CO margin Calculator
- NJ Wealth does not provide BO or CO orders.
NJ Wealth Span margin calculator
- Other than the usual margin broker has to collect the Span margin if the trader is carrying forward the Future or options position onto the next trading session.
- To calculate the Span margin accurately the calculator is updated with NSE data for 6 times a day.
Need NJ Wealth Margin Calculator
- Using margin calculator helps the traders to plan their trades and manage their capital for investing in various segment of the market.
- The Margin calculator for the NJ Wealth cover most of the segments of the market.
- You can use up to 7 times of margin on Option trading on NJ Wealth.
List of other Stock broker Margin Calculator
FAQ:
Q1. How much margin does NJ Wealth give?
Ans: Options on NJ Wealth can give you around 7 times of margin.
Q2. NJ Wealth provides a margin for options?
Ans: NJ Wealth gives margin on Options up to 5 times.
Q3. How much Exposure does NJ Wealth provide?
Ans: You can use up to 7 times of margin on NJ Wealth.
Q4. How much does the NJ Wealth charge for intraday margin?
Ans: NJ Wealth does not charge trader for using the margin on intraday.
Q5. What is the margin for delivery trading in NJ Wealth?
Ans: 2 times margin is available on NJ Wealth for delivery trades.
Q6. What is the margin for CNC trading in NJ Wealth?
Ans: 2 times margin can be used for CNC in NJ Wealth.
Q7. What is LMT in NJ Wealth?
Ans: Limit order is also termed as LMT on NJ Wealth.
Q8. How to use margin in NJ Wealth?
Ans: Margin trading can be used in all segments on NJ Wealth on all intraday and delivery order.
Q9. Can I margin trading in NJ Wealth?
Ans: Yes, margin trading is available in NJ Wealth.
