uTrade Algos

Can I pledge shares available in my Demat account with Share India and get a margin against the same for uTrade Algos trades?

When you pledge your shares, you’re essentially using them as collateral to borrow money, which is known as margin. You have the option to pledge shares held in your Demat account with Share India to obtain a margin for trades executed on uTrade Algos. However, it’s important to note that a 50 per cent cash margin is necessary to utilise this.