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
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