Intraday margin vs overnight margin

Intraday margin is the minimum amount required to open a position and trade within the same trading day. It is typically lower than overnight margin, as positions are closed before the market closes, reducing overnight risk. Traders can take advantage of higher leverage in intraday trading.

Overnight margin, on the other hand, is required for holding positions overnight, as it covers the additional risk of market fluctuations when the market is closed. This margin is usually higher due to the increased exposure to risk, requiring traders to maintain a larger balance to secure their positions.