Trade derivatives with precision
Access deep liquidity in NSE and BSE futures and options markets with institutional-grade tools, live option chains, and real-time greeks.
Whether you're hedging a portfolio or trading directional bets, Sapphire gives you the speed, data, and analytics serious derivatives traders demand.
Built for serious derivatives traders
Every feature is designed to help you analyze faster, execute cleaner, and manage risk with institutional-grade discipline.
Live option chain
Full option chain with bid-ask spreads, OI, IV, and greeks updated tick-by-tick across all expiries and strikes.
Real-time greeks
Delta, Gamma, Theta, Vega, and Rho calculated live for every position so you understand your true exposure.
Strategy builder
Build multi-leg strategies — straddles, strangles, iron condors, butterflies — and visualize payoff before placing.
Margin calculator
Calculate exact SPAN + exposure margin for any position before you trade. Plan capital, avoid penalties.
OI & PCR analytics
Open interest analysis, put-call ratio, max pain, and OI buildup charts to read market positioning.
Risk management
Auto square-off, bracket and cover orders, stop-loss enforcement, and exposure limits to protect capital.
Activate F&O in 3 steps
Trading derivatives requires income proof and segment activation. Here's how to get set up.
Open a demat account
Standard digital onboarding with PAN, Aadhaar, and bank details. Takes under 10 minutes.
Activate F&O segment
Submit income proof (latest ITR, salary slips, bank statement, or Form 16) — required by exchanges for derivatives access.
Place your first F&O trade
Once activated, trade index and stock futures, options, and complex strategies from a single interface.
Trade, hedge, and grow — all in one place
Sapphire combines deep market data, institutional analytics, and retail-friendly pricing — built specifically for the Indian derivatives trader.
Instant order execution
Co-located servers, smart order routing, and microsecond order acknowledgements for active traders.
Smart commodity & index insights
Daily research, expiry-day strategies, and global cues curated by our derivatives desk.
Market news & research
Real-time corporate announcements, earnings, RBI updates, and global macro feeds — never miss a catalyst.
Transparent F&O pricing
Flat ₹20 per executed order. No turnover fees. No hidden charges. See total cost before you trade.
Frequently asked questions
Everything you need to know about Futures & Options on Sapphire Broking.
Get started
Trade derivatives with India's smarter brokerage
Activate F&O on your Sapphire account and access institutional-grade tools at retail-friendly prices.