Margin Calculator
Calculate margin required to take a trading position.
Input Values
₹
%
Results
Enter values to see results.
⚠️ Results are indicative only. Consult a qualified professional before making any decisions.
What is this Calculator?
The Margin Calculator helps you calculate the margin (collateral) required to take a leveraged trading position in stocks or derivatives. Margin trading allows you to control a larger position with a smaller capital outlay.
How to Use
1
Enter Position Value: Enter the total trade value (number of shares × price).
2
Enter Margin %: Enter the margin percentage required by your broker or exchange.
3
View Results: See Total Position Value, Exposure/Leverage, and Margin Required.
Frequently Asked Questions
Margin is the minimum collateral (in cash or approved securities) you need to maintain in your trading account to take a leveraged position. It acts as a security deposit for the broker.
SPAN (Standard Portfolio Analysis of Risk) margin is the minimum margin required by the exchange for futures and options trading. It is calculated based on the worst-case one-day loss scenario.
Exposure margin is an additional margin collected by the broker (over and above SPAN margin) to cover intraday price movements. Total margin = SPAN + Exposure margin.
A margin call occurs when your account balance falls below the required margin level. Your broker will ask you to add more funds or close positions to bring the account back to the required level.
SEBI has capped intraday leverage at 5x (20% margin) for equity since 2021. F&O margins are set by exchanges based on SPAN calculation. Options buyers need to pay full premium.
If you don't add margin by the specified time, your broker will square off (close) your open positions to recover the required margin. This can result in a loss if markets have moved against you.