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| Dear V M S Reddy, |
| We value and cherish your relationship with ICICIdirect.com. To maximise your trading opportunity and to make most of the market we bring you FuturePlus. |
 | Trade in Futures at lower Margin (more leverage) | | Trade in Nifty with Margin as low as  13750* (5.5% Margin) | | Option to convert- Convert to Futures and carry your position to the next day | | Use Shares as Margin to create position in FuturePlus | | |
| Further, pay only 20** per lot on your second leg which makes your brokerage effective to only 0.029%, of your total trade value. |
| *Say, you take a position in NIFTY Futures @ a market price 5000. Here your Initial Margin requirement in Futures would be 11% which would be 27500 per lot. Now with FuturePlus you can take a position with Initial Margin of 5.5% which would be 13750 only. This frees up 13750 per lot for you to take one more lot of Nifty. | |
| Eager to know, how to place order in FuturePlus, click here. |
| For further clarifications, please feel free to write to us at helpdesk@icicidirect.com or click here to read the detailed FAQs on Future Plus. |
| **Brokerage rates subject to revision, visit ICICIdirect.com for details. |
| Best regards, |
| ICICIdirect.com |
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