Pay-in Methods for Fund Transfer

Funds can only be transferred from client bank accounts that are mapped in the Stocko back office. Clients can transfer funds into their trading accounts using the following methods:

1. Payment Gateway
   Funding your trading account through the Payment Gateway is one of the quickest methods to transfer funds from any linked bank account directly into your trading account. It is instant and costs only ₹9 + GST per transfer. You can select Equity/Commodity as per the product required.
2. NEFT/RTGS
   Funds can be transferred electronically to your trading account from any linked bank via NEFT/RTGS. Transfers from an HDFC bank account will result in instant credit. Transfers from any other bank usually take 3-4 hours for funds to be credited. Details can be checked here.
3. UPI
   The Unified Payments Interface (UPI) payment option (e.g., Google Pay, BHIM, etc.) allows you to transfer funds instantly from your mapped bank account to your trading account.
4. Cheque Deposit
   You can transfer funds to your trading account by cheque from any of your linked bank accounts. A scanned copy of the cheque must be sent to us for updating.Note: It may take 3-4 working days for cheques to clear and funds to be reflected in your trading account.

Pay-out

A pay-out can be requested through the Stocko back office. Once your withdrawal request is submitted, it will be processed via RTGS/NEFT transfer and will be credited to your bank account by the end of the same trading day.

Contract Notes

Stocko will issue contract notes to its clients by the end of the same trading day. These contract notes, along with other related reports, will be available for viewing in your Back-office.

Trading Platform

We present Stocko Trader, a state-of-the-art online trading platform designed to help you seize market opportunities with ease. Known for its speed, reliability, and user-friendliness, Stocko is one of the fastest platforms in the country. Our servers are co-located inside NSE, ensuring real-time tick-by-tick rate updates and quick order routing.

Stocko is available in downloadable, HTML5 web, and mobile versions. For more information, please refer to the following link.

Margins:

Cash Segment – Stocko offers up to 5 times intraday margins on F&O stocks in the cash segment.

For the latest margin details, kindly refer to the following link.

• F&O (Equity, Currency, and Commodity) in NRML/MIS/CO/BO: Full cash is required, and no margin benefit is provided.
• Squaring off of Positions:# All Equity positions in MIS, CO & BO product types will be squared off by 3:20 PM in the cash segment.
  # All Currency positions in MIS will be squared off by 4:40 PM.
  # All Commodity positions in MIS, CO & BO product types will be squared off by 11:15/11:40 PM.

Note: Admin square-offs incur a Call & Trade charge of Rs. 20 + 18% GST, so it is recommended to square off your positions independently to avoid these charges.

• Margin Management: Clients are required to manage their positions at market closing and ensure sufficient carry forward margins (NRML) to avoid margin shortage penalties imposed by the exchange. In case of margin shortage or adverse market movements, RMS may square off positions on T+1.

Reminder: Admin square-offs incur a Call & Trade charge of Rs. 20. It is advisable to manage your positions to avoid these charges.

Margin and Position Management:

• Automatic Square Off:
  If a client incurs an MTM loss of over 70% of their capital, their open positions will be squared off automatically. No margin call will be issued by Stocko.
• Intraday Margins on Holdings:
  Intraday margins are available on the holdings in your account if sufficient cash is available to cover the MTM difference.
• Margin Utilization Over 150%:
  If margin utilization exceeds 150%, Stocko may reduce positions to bring the margin utilization back to 100%. No margin call will be issued in this case.
• Queries Regarding Margin Shortage or Position Square-Off:
  For any concerns about margin shortages or the squaring off of positions, please feel free to contact our Service Desk Team.

Margin Facility on Holdings:

To avail of margin facility on your holdings, you must open a DP account with South Asian Stocks Ltd and pledge your holdings. Once the shares are pledged, you will be provided margin against them, subject to the applicable haircut.

Physical Settlement (Equity):

Stocko’s policy regarding the physical settlement of Equity derivatives can be reviewed in detail by checking the link or documentation provided by Stocko. Please refer to the official guidelines to understand the terms and conditions related to physical settlements in equity derivatives here

Collateral Margins (Collateral against Stock):

Stocko provides margin facilities to clients based on the securities they hold. To avail of this margin facility, you must open a DP account with South Asian Stocks Ltd and pledge your holdings with us. Once your shares are pledged, you will receive margin based on those securities, subject to the prescribed haircut. Your trading limit will be enhanced accordingly on your trading platform.

Whenever you wish to release the pledged shares, you can request the withdrawal of securities or directly sell them.

Important Note: You remain the owner of the securities you have pledged and are eligible for all corporate benefits associated with them. Any corporate actions or benefits, such as dividends or bonuses, will be passed on to you. However, please refer to the provided link for specific rules and guidelines related to these benefits.

For detailed information on Stock Plus, please refer to this LINK.

MCX Options:

As per exchange requirements, full margins must be maintained during the option devolvement to futures. If margin positions are not fulfilled, RMS will square off the positions automatically. Please note that Admin square off will incur a Call & Trade charge of Rs. 20. To avoid this charge, it is recommended that you square off positions on your own.

Physical Delivery in Commodity Not Allowed:

Positions will not be allowed to carry over into the delivery/tender period and will be automatically squared off by RMS before the delivery/tender period. Please note that Admin square off incurs a Call & Trade charge of Rs. 20. To avoid this charge, we recommend squaring off your positions manually before the period ends.

Voluntary Freezing/Blocking Trading Account:

If you notice any suspicious activity, you can voluntarily freeze/block your trading account to prevent unauthorized access. To do so, please contact us at:

• Phone: Call 011-40409999 (Press 1 for assistance)
• Email: Send an email to stoptrade@stocko.in

For more details, kindly click here