On Monday morning, at 9 A.M., Mr. Agarwal (an intraday trader) settled himself to have a look on pre-market session. It gives him a good idea of what he should buy or sell, once the market takes off at 9:15 A.M. With the help of pre-market analysis, Mr. Agarwal made a list of 5 stocks to buy and sell with a target price. He is sure of having sufficient money in his Demat account to execute all trades. As soon as the market hour comes, Mr. Agarwal started putting trade orders. After putting 4 orders in a row, something went wrong. The system didn’t allow putting more orders. What just happened? Mr. Agarwal ran out of margin money. Being an intraday trader, he has to put all the trades in action to cover his possible losses from his profits. Without margin money, that’s simply not possible. But he was 100% sure of adequate money available in his account. How could he just end up with less money than required? Because margin money changed with the change in stock price. For e.g. you want to buy 10 shares of HDFC bank with a current market price of Rs. 2000 per share. You have Rs. 1600 in your demat account which is enough to buy 10 shares of HDFC bank on an intraday basis. Before buying, you wait to make sure price is going up. After 5 minutes, the price reached to Rs. 2010 giving you confirmation to buy it. But with the increase in price, margin amount also increased. Now you need Rs. 1650 Rs. buy 10 shares or get settled for buying 9 shares at Rs.1600. Of course, you can go for any option as per your convenience. But do you have enough time for calculations? For traders with targets of big quantity, this is a serious issue as they don’t have enough time to do calculations regarding how much shares they can buy with available amount. Also, they can’t put extra time in searching for Leverage available on particular stock so that they can be ready with required amount before taking a trade. This is where Zerodha Margin calculator comes to the rescue. What is Zerodha Margin Calculator? A calculator that lets you calculate margin money needed to execute trades. And, how many shares you can purchase with the available cash balance. Whatever you prefer. Zerodha Margin Calculator helps you with all kinds of buying or selling exchange like Equity Intraday Purchase with available leverage on all shares, Equity delivery purchase to carry position overnight, Futures & Options, Equity Futures, Commodity, Currency, BO & CO. Why You Need Zerodha Margin Calculator? You need it to make sure you don’t screw up like Mr. Agarwal during your highly-focused trading sessions. Zerodha Margin Calculator comes with quick calculations of how much margin you need to take a trade. On a flip side, it calculate show many shares you can buy with the available balance. Plus, it reveals the leverage given on each share. This saves your plenty of time wasted behind trying out different quantity of shares to match with the available money in real-time. Let’s say if Mr. Agarwal had used this calculator, he could have calculated the number of shares he can buy with the available amount. That is also, within a second saving himself from being stuck. Zerodha keeps its calculator regularly updated with change in margins by SEBI, so you don’t have to worry about checking changes, took place, through other sources. How to use Zerodha Margin Calculator with utmost Ease? Using Zerodha Margin Calculator is as easy as having a sip of tea. Just put the amount you have and share price that you want to buy at. Within a second, it will give you the quantity of shares you can purchase with available amount. Basic Glimpses of Equity Calculator You can calculate all types of exchange buying or selling using Zerodha Margin Calculator. Let’s discuss each of them briefly. 1) Zerodha Margin Calculator for MIS (Intraday) Let’s assume that you want to buy shares of Reliance on MIS (Intraday) basis and you have Rs.10,000 in your Demat account. Current price of Reliance is Rs.1200 per share. For this transation, you need two details Leverage available on Reliance Shares How many shares you can buy for Rs. 10,000/- There is atwo step process to get information on both which hardly takes more than half a minute. Step 1: When you open Zerodha Margin Calculator, switch to Equity section,put Reliance in “Search” box where it tells you about leverage available. Step 2: Click “Calculate”, located on the left side corner where it will ask for your available cash and price of share. Put your cash balance in “Cash Available” section and current price of stock in “Stock Price Section”. You will get the number of shares, you can purchase with your available amount, merely within a second. The final answer is you can buy 104 shares by risking Rs.10,000/- on Reliance shares. Note: Zerodha offers you leverage till 3:20 pm. If you don’t sell shares before 3:30 pm, it auto-sells them at the exact time. 2) Zerodha Margin Calculator for CNC (Delivery) Proceeding with similar example, this time you want to buy Reliance shares for more than one day and you are willing to spend Rs.10,000. As you know that for positions carried overnight, Zerodha doesn’t provide you any leverage. So all you want to know how many shares you can purchase for more than one day at Rs.10,000? Follow the same process of putting your cash balance and current price of shares. Here’s you answer: Well, you can buy 8 shares of Reliance at Rs. 10,000 for CNC. 3) Zerodha Margin Calculator for Future & Option (Positional) Let’s assume that you want to buy 1 lot of Reliance Future on Positional basis and you have Rs.1,50,000 in your Trading account. Current price of Reliance is Rs.1200 per share. For this transation, you need two details Span Margin Required for 1 lot of Reliance Future Exposure Margin Required for 1 lot of Reliance Future There is a two step process to get information on both which hardly takes more than half a minute. Step 1: When you open Zerodha Margin Calculator, switch to F&O section,put Reliance in “Search” box and select Futures Product add Net quantity Step 2: Click “Calculate”, located on the left side corner where it will ask for Required Total Margin. 4) Zerodha Margin Calculator for Bracket Order And Cover Order Bracket Order means buy/sell limit orders with a target and compulsory stop loss (with a trailing SL option) With help of Bracket Order you will get higher leverage than normal trading using product type of MIS. Step 1: When you open Zerodha Margin Calculator, switch to BO & CO section,put Reliance in “Search” box and select Equity Segment, add quantity to trade, Price , Buy or Sell and Finally select SL price Step 2: Click “Calculate”, located on the left side corner where it will ask for Required Total Margin and leverage. To Conclude At last, you are getting a permanent solution to stick with one platform rather than jumping from here to there while wasting enormous time that can utilized in other analyzing activities.