Are there any hidden charges associated with MTF other than interest?
No, there are no hidden charges when using FYERS' Margin Trading Facility (MTF). Apart from the standard interest, you only pay applicable brokerage and statutory charges in line with SEBI’s “True to Label” circular.
What You Are Charged for Under MTF
- Interest on Borrowed Amount:
Charged daily based on the amount you utilize under MTF. - Brokerage Charges:
These are the same as your standard brokerage plan. - Statutory Charges:
Includes STT, GST, SEBI turnover fees, exchange transaction charges, and stamp duty—applicable as per regulations.
What If…
Scenario | What You Should Know |
---|
You see extra charges on your ledger | Check if they fall under statutory levies or MTF interest. No hidden charges apply. |
Want to verify your charges | Download the contract note or tax P&L report for full transparency. |
Unsure about a charge | Reach out to FYERS support with transaction details for clarification. |
Tip: Always review your contract notes and account statements to stay on top of your MTF-related costs.
Last updated: 12 Jun 2025
Related Articles
How can I track MTF interest charges in my account?
All interest charges and payments related to MTF are clearly itemized in the 'Ledger' section under 'Reports' in the 'My Account' portal. This makes monitoring your financials straightforward and transparent.
What are the pledge charges on MTF?
Managing MTF (Margin Trading Facility) positions involves certain nominal charges. At FYERS, you are charged for each pledge and unpledge transaction associated with your MTF trades. MTF Pledge Charges at FYERS Type of Transaction Charge per ...
What is the interest rate for Margin Trading Facility (MTF) in FYERS?
If you’re using Margin Trading Facility (MTF), it’s important to understand how interest is charged on your borrowed amount. We apply a slab-wise interest rate based on your total borrowed amount on any given day. This structure ensures transparency ...
How often is interest charged on MTF positions?
Interest on Margin Trading Facility (MTF) positions is charged on a daily basis but is deducted once every 7 days as a consolidated entry. This means your daily usage is recorded, and the total interest is reflected in your ledger weekly. How MTF ...
What is Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) lets you buy stocks by paying only a portion of the total trade value upfront. The remaining amount is funded by us. This feature enables you to take larger delivery positions with limited capital by leveraging approved ...