What would be the brokerage payable under Trader Multiple product?

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• 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.

• 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 ...

• How do I place an order for a selected script using Trader Multiple?

  Login in to your trading platform entering existing login id and password Click on Trader Multiple Order on the market menu Accept the terms and conditions to activate the Trader Multiple product Select the Exchange, scrip and Buy/sell option Put the ...

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

  No, There are no product conversions allowed for this product.

• Can I cancel the Trader Multiple order?

  You cannot cancel the Trader Multiple order. All Trader Multiple orders will be automatically squared off as a market order by 3.15, in case you do not square it yourself or if the Stop loss price is not achieved.