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.
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What is the process to convert an MTF position to an Overnight position?
You can convert your Margin Trading Facility (MTF) position to an Overnight (CNC) position through the FYERS Web platform. Make sure to initiate the request only on trading days and during the allowed time window. Steps to Convert an MTF Position to ...
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 ...
Is the MTF leverage always 4x for all stocks in FYERS?
No. While Margin Trading Facility (MTF) at FYERS can offer up to 4x leverage, the actual leverage for each stock may vary. The applicable margin is based on factors such as price volatility, stock liquidity, and exchange risk controls. Leverage ...
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 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 ...