Can I convert the Trader Multiple positions to delivery or intraday product?

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• How can I convert my intraday position into delivery?

  To convert an Intraday position to Delivery: Go to the 'Positions' window in the Portfolio tab. Click on the Open Position and then on 'Convert '. Note that all intraday positions are the auto squared-off at 3:15 PM if they are not closed by the ...

• What is Trader Multiple?

  Trader Multiple is a product that allows you to take 15 times exposure on the available margin on certain approved scrips(NIFTY 50 Stocks) for intra-day, with maximum SL range of 3% It allows you to take intra-day position on certain Future ...

• Which stocks are allowed under Trader Multiple product?

  Currently Specific stocks in the Nifty Basket and BSE Sensex are allowed in the Trader Multiple product. The list is available on website. However, IIFL reserves the right to change the above list without prior notice.

• Can client convert order type from Delivery to Intraday or vice versa from Positions tab?

  Yes, client can convert order to desired order type by tapping on the position and then clicking on Convert.

• What would be the brokerage payable under Trader Multiple product?

  The brokerage charged for Trader Multiple orders will be same as normal brokerages charged