What is the margin/fund requirement for placing a VTT?

What is the margin/fund requirement for placing a VTT?

You don’t need to maintain any cash or margins in your account to create a VTT Order. The system only checks for margins when the VTT is triggered.

Explanation:

  • Initial Requirement: No cash or margin is required to create a VTT order.
  • Trigger Condition: The system verifies the availability of the required margin only when the VTT order is triggered.
  • Benefit: This allows for flexibility, as your funds remain available for other uses until the VTT order conditions are met and the order is set to execute.

    • Related Articles

    • FAQs on Margin Plus (Funding at 5paisa)

      Q 1) What is Margin Plus(funding at 5paisa)? MarginPlus is an exclusive facility designed by 5paisa for its users, which gives you the ability to trade in all segments using your entire net available margin! i.e. with MarginPlus you can trade ...

    • What is the new VTT order type?

      The new VTT (Valid Till Triggered) order type allows you to place three legs of an order simultaneously: · Price at which you want to buy: Set the price at which you wish to buy. · Stop Loss: Define the stop loss price to limit potential losses. · ...

    • How to place VTT order from 5paisa mobile application?

      Follow these steps to place a VTT (Valid Till Triggered) order from the 5Paisa mobile application: Step 1: Login and Select the Stock Login to Your 5Paisa Account: Open the 5Paisa mobile app and log in with your credentials. Search or Add to ...

    • Terms & conditions to use ‘VTT order'

      VTT feature ‘VTT (“Valid TillTrigger”) order type’ is a feature which allows a Client to place an order whena price hits a threshold (particular price) set by the Client. Also, users canset a stop loss and target for such orders. Only Delivery ...

    • What is the Margin requirement in MCX/Commodity?

      The margin requirement in MCX or commodity trading refers to the minimum amount of funds traders must maintain in their trading accounts to initiate and hold positions in commodity futures contracts. This margin serves as collateral to cover ...