# Finnifty on AlgoTest
Author: AlgoTest
Author URL: https://algotest.in/blog/author/algotest/
Published: 2024-08-28
Category: Broker
Category URL: https://algotest.in/blog/category/broker/
URL: https://algotest.in/blog/finnifty-on-algotest/

Depending on your broker there are different restrictions on [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty) instruments.

**Zerodha**

- Market + NRML Orders are allowed for strikes that are within 1% of Spot.

- Limit + NRML orders allowed for all strikes.

- With NRML orders, Buy is allowed but only against Sell options, i.e., first you have to sell and then only you can buy.

- Market + MIS Orders are allowed for strikes that are within 1% of Spot.

- Limit + MIS orders allowed for all strikes.

- With MIS orders, Buy is allowed before Selling for margin benefit.

- Zerodha does NOT allow trading in strikes where OI is less than 500 lots.


#### IIFL

- There are no restrictions for trading in [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty)


#### Finvasia

- There are no restrictions for trading in [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty)


#### Nuvama

- There are no restrictions for trading in [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty)


#### Dhan

- There are no restrictions for trading in [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty)


#### Kotak NEO

- MIS orders are not allowed


#### 5Paisa

- There are no restrictions for trading in [Finnifty](https://algotest.in/finnifty?utm_source=blog&utm_medium=internal&utm_campaign=seo&utm_content=landing-page&utm_term=finnifty)


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