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trade more for less margins. co/bo orders at tradeplus need just 4% margins or upto 25x leverage for index futures, 2% margins or upto 50x leverage for commodity futures and 10% margins or upto 10x leverage for stock futures.
cover order(co) cover order (co) are advanced intraday orders. in co you enter an initial order (main order to buy or sell) along with a stop loss order built into a single order. it is a two-in-one order. cover order = initial order + stop loss market order. co provide you significantly higher leverages than mis orders. all open co positions gets auto admin squared off before end of day (equity, f&o and commodity: anytime within the last 30 minutes before market close). margin requirement will vary based on the stop loss price.
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bracket order (bo) bracket orders (bo) are advanced intraday orders. in bo you enter an initial order (main order to buy or sell) along with a stop loss (with a trailing sl option) and a target order built into a single order. it is a three-in-one order. bracket order = initial order + stop loss market order + target order. bo and co provide you significantly higher leverages than mis orders. all open bo positions gets auto admin squared off before end of day (equity, f&o and commodity: anytime within the last 30 minutes before market close). margin requirement will vary based on the stop loss price.
click here to learn more on bo