If your margin funds are insufficient, you won’t be able to deploy your strategies. Every strategy, whether customised or predefined, has a minimum margin requirement. Without adequate margin allocation, trade execution will not be possible. Click here How can I calculate my margin? to learn how to calculate your margins.
The great part is that on uTrade Algos, traders can pay margin in both cash and non-cash security forms, i.e., bank account transfer, sovereign gold bonds, government securities, treasury bills, and liquid mutual funds.
During strategy deployment, to add funds, follow these steps:
- Click on the “Funds” tab in your profile dropdown.
- Click on “Add Funds” and enter your desired amount.
- Conveniently complete the payment using Net Banking or UPI, keeping in mind the applicable convenience fee and GST charges.
For more information, you can follow our step-by-step tutorial as well.