Margin Trading Funding is the latest product offered by Pinnacle, where you can Buy Stocks by paying partial amount and rest of the amount is funded by Pinnacle. This is different from a regular Equity Account, in which you trade using your Money. By completing small documentation, your Account is operative within 4 Hours, and you can Buy stocks using Margin Trading Facility.
A portion of the purchase amount is to be deposited to Pinnacle. This is known as Margin. The Margin can be in the form of Cheque/Credit or Securities. The eligible Securities accepted as Collateral are in the link below. Margin is defined as a percentage of amount you need to keep with Pinnacle. The Margin varies from scrip to scrip.
Please feel free to contact us for all your queries.