uTrade Algos

What happens if I am low on margin money?

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.