Different margins for different traders of dhan?

My friend gets 8x margin for ‘Premieren’ stock and I get 5x margin. Why this discrimination?

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Hi @Shrinivas100

Please confirm your friend is using Dhan account, just checked it 5X only.

image

This is the screenshot from his mobile

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@Divyesh @Shrinivas100

Dhan App -

Dhan Web -

Hi @Shrinivas100 @Champion_Trader

We’ve shared this with our team to update. Please note that the margin is provided as per exchange and subject to Risk policy which is standard for all users.

Moreover, this scrip is not allowed to trade in Intraday products.

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Then why is it showing 8x or 5x leverage? :sweat_smile:

The scrip should not show any margin if it is not allowed to trade on dhan app. FYI, it was allowed to trade on ZERODHA today and with 5x margin.
Thanks

@Divyesh
I believe there’s an issue with the system. It’s showing 8x leverage for all IPO stocks on the first few days.

@Divyesh

And not same leverage for everyone.

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