What does margin available and margin used mean?
Available Margin is the total amount of funds that you can use to trade for that particular day.
When it comes to funds in your trading platform, the Available cash is the closing balance of the previous day's ledger, brought forward.
Used Margin is -
- The net funds utilized for your executed equity intraday, F&O positional /intraday trading & delivery orders.
- The amount blocked for your Open orders that are not yet executed.
- The amount will be shown in the used margin whenever you sell your shares or have open F&O positions.
Whenever you square off your positions, the used margin will be credited back to the Available margin.
If you have not added money on particular trade date and have traded, then the Available cash = Available Margin + Used Margin.