Most brokerage firms in India and around the world require traders to create two separate trading accounts for trading in commodities and cash. This often creates frustrating situations which lead to missed profit-making opportunities. With Zebu’s single margin account for both equity and commodity, you’ll never have to face that problem again!
With a single ledger for equity and commodity trading, you can
- Get a seamless experience with all your trades.
- Make more efficient use of your funds.
- Increase money flow for both commodity and equity trading in one go.
- Get valuable insights from a single point of control for the combined ledger.
Here are a few situations in which a single ledger can be beneficial for you:
You have Rs. 50,000 in your savings account and want to trade in both equity and commodities with that. However, you’re more inclined to trade in commodities. Therefore, you split your money and transfer Rs. 20,000 to your equity trading account and transfer the rest to your commodity trading account.
Now consider this – you notice an excellent buying opportunity in Eicher Motors which is currently trading at Rs. 28,000. You’ll be unable to place your order for even a single share as you do not have sufficient funds in your account. For you to transfer the money from your commodity account to equity account, you’ll have to wait for one whole day – and we all know that good opportunities don’t wait that long.
On the other hand, if you had a single trading account for equity and commodity, you could’ve seized the opportunity and made your profits without any hassle.
You are splitting Rs. 1,00,000 equally between your equity and commodity accounts, and have Rs. 50,000 in each account. Now, you take up open positions in both accounts and the margin required for each trade is Rs. 30,000.
Consider this – you are at a profit of Rs. 20,000 in your commodity account and a loss of Rs. 30,000 in your equity account. The net position will be Rs. 70,000 in your commodity account and Rs. 20,000 in your equity account. Since the margin required in both the accounts to continue with your open trades is Rs. 30,000, you’ll be forced to exit the position in your equity account.
With a single margin, this situation could have been avoided as the Rs. 20,000 profit made in your commodity trade would have allowed you to carry on with your equity position.
The situations explained above are not uncommon and have caused traders inconveniences in terms of missed opportunities, additional money transfer charges and crucial time delays. To overcome these hurdles, opt for Zebu! With Zebu’s single margin for equity and commodity trading, you can get a seamless service for both your accounts in one go. Get in touch with us to know more about our services. Happy trading!