SPAN Calculators

Futures as such are inherently leveraged which means that to buy X amount of futures you need only a small portion of it called as margin in your account. This margin to buy futures is stipulated by the various exchanges.

While trading futures at Wisdom Capital you can use 3 product types: MIS Margin Intraday Squareoff MIS is used by intraday traders as all open positions get squared off before the end of day. But since no position is carried forward overnight the margin required is also lesser than the exchange stipulated margins.

At Wisdom Capital we do offer upto 20X leverage in MIS subjected to following terms and conditions depending upon Trading Plans: Margin Plus Orders or CO Cover orders Margin Plus or Cover orders is a unique feature where you can trade intraday using market orders but with a definite and compulsory stop loss.

Since there is a stop loss placed, the risk of the position reduces and hence the margin required to take it reduces as well.

Using cover orders, you can trade futures with lesser margins than NRML and MIS. Presently Cover order facility is available for equity and currency futures only. In options we do provide upto 3X leverage in MIS for Nifty only under Ultimate Plans.

Margin Calculator | Span Margin Calculator | Trade Smart Online

For rest all Plans normal exposures are being provided i. When you take a trade in equity and square the position off before the end of day, it is called as intraday equity trading. This Unique Product has been named as MIS Margin Intraday Square off Our margin calculator tool has a list of all stocks and the MIS leverage you get.

When you buy stock and hold it overnight, it is called a delivery trade. At Wisdom Capital, you need to use product type as CNC while placing a trade to take delivery of equity stock. The product type CNC will show up on your order window only if you have a demat account mapped to your trading account since you would require a demat to take delivery of the equity that you purchase.