Zerodha Margin Calculator
Margin Requirements
SPAN Margin: ₹0
Exposure Margin: ₹0
Total Margin: ₹0
Margin Benefit: ₹0
How to Use the Zerodha Margin Calculator
The Zerodha Margin Calculator helps you estimate margin requirements for trading futures, options, commodities, and currencies on Indian exchanges like NSE, MCX, and CDS. Enter trade details to calculate SPAN margin, exposure margin, total margin, and potential margin benefits for hedged positions.
Prerequisites
- Access the webpage where the calculator is embedded.
- Have trade details ready (e.g., scrip name, quantity, price).
- Note: This calculator uses simplified logic. For precise margins, use Zerodha’s official SPAN Margin Calculator or consult your broker.
Step-by-Step Instructions
- Access the Calculator: Navigate to the calculator section above. It includes a form and results area.
- Select the Exchange: Choose an exchange (e.g., NFO for NIFTY futures). Options: NSE, MCX, CDS, NFO.
- Choose the Segment: Select the instrument type (e.g., Futures, Options, Commodity, Currency).
- Enter the Scrip: Type the scrip name (e.g., “NIFTY”, “RELIANCE”). Ensure it matches the exchange/segment.
- Select Product Type: Choose NRML (overnight) or MIS (intraday, lower margins).
- Choose Action: Select Buy or Sell. Selling may offer margin benefits for hedged strategies.
- Enter Quantity: Input the number of lots (e.g., 1 lot = 25 units for NIFTY futures).
- Input Price: Enter the price (e.g., ₹150 for option premium, ₹22,000 for futures).
- Calculate Margin: Click “Calculate Margin” to view results.
- Review Results: See SPAN Margin, Exposure Margin, Total Margin, and Margin Benefit (if hedged).
- Adjust Inputs: Modify fields and recalculate as needed.
- Understand Limitations: This uses simplified calculations. Actual margins require real-time data.
Tips for Effective Use
- Verify Lot Sizes: Check exchange websites (e.g., NSE, MCX) for current lot sizes.
- Use Realistic Prices: Use live prices from Zerodha’s Kite or exchange sites.
- Intraday vs. Overnight: Select MIS for lower intraday margins; square off before market close.
- Hedging: Margin benefits apply for specific strategies (e.g., selling options).
- Mobile Use: The calculator is mobile-friendly; ensure all fields are filled.
Troubleshooting
- No Results: Ensure all fields are filled correctly (all are required).
- Invalid Inputs: Use positive numbers for quantity/price.
- Unexpected Margins: This uses simplified logic; use Zerodha’s official tool for accuracy.
- Form Not Loading: Refresh the page or contact the site administrator.
Example Scenarios
- NIFTY Futures (Intraday): NFO, Futures, NIFTY, MIS, Buy, 1 lot (25 units), ₹22,000 → SPAN: ₹22,000, Exposure: ₹4,400, Total: ₹26,400.
- RELIANCE Call Option (Overnight): NFO, Options, RELIANCE, NRML, Buy, 1 lot (250 units), ₹150 → SPAN: ₹3,750, Exposure: ₹1,312.50, Total: ₹5,062.50.
- Crude Oil Futures: MCX, Commodity, CRUDEOIL, NRML, Buy, 1 lot (100 units), ₹5,000 → SPAN: ₹40,000, Exposure: ₹15,000, Total: ₹55,000.
Additional Notes
This calculator uses simplified logic and does not fetch real-time data. For accurate margins, use Zerodha’s official calculator. Contact Zerodha support for assistance.