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    Pledging from Kite to Angel One for Algotrading

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    • C
      Chaitanya last edited by

      I have my majority of holdings with another broker(zerodha) and want to pledge those to get margin for intraday and FnO, fully automated. While i can do that using kite api it costs 2000/month

      I wanted to know if i can unpledge my holdings on kite(zerodha), pledge those here at angel one, get the margin and use angel one api for the automation and execution as it is completely free here.

      Please help.

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      • A
        amrut_k last edited by

        Kite API has reduced cost to 500Rs. As far as I know, one can't pledge to other broker. when we pledge, we give the broker the authority to liquidate them in case of shortfall. It is like mortgage of gold with a jeweller.

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