By subscribing to OptionX, you confirm that you have read and understood the risks highlighted in the Risk Disclosure document and the following terms and conditions associated with this product and agree to abide by the same at all times.
Minimum margin deposit amounting to Rs 10 lakhs shall be required either in form of Cash or collaterals. Value of Securities shall be considered after applicable hair cut as per the Exchange or Risk Management policy of 5paisa Capital.
You shall be eligible for an higher exposure of upto 5 times of the margins for Option contracts on the days other than the Expiry days
On Expiry days, the exposure limits shall be around 10 times of the margins with respect to the Option contract
The above exposure limits are subject to change from time to time and the same shall be duly communicated to you in advance and subject to the provisions of the Risk Management policy.
You shall be eligible to receive exposure on all option contracts i.e. Equity, Currency as well as Commodity and the same shall be valid for Intraday Positions in Option Writing.
Flat brokerage of Rs 2/- per lot shall be leviable.
The said brokerage is however applicable only for the option contract. Brokerage on other trades shall continue to be Rs 10/- per order.
All other charges as provided for in the Tariff sheet shall continue to be applicable
5paisa reserves the rights to make any changes in the terms and conditions, discontinue the above after due intimation to the client