How long can I hold MTF positions?
MTF positions can be held at the trader's discretion without any specific time limit, offering flexibility in strategy execution. However, as per regulatory guidelines, if there's no transaction within 90 days, our Risk Management System (RMS) team will review the account for necessary action, ensuring compliance with exchange regulations.
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How often is interest charged on MTF positions?
Interest on MTF-funded positions is levied weekly, directly reflected in the client's ledger, allowing for straightforward tracking of finance charges.
What are the consequences of not maintaining sufficient funds for MTF positions?
You must maintain the required margins for MTF positions. In case of a shortfall, our RMS team will evaluate such positions for potential liquidation, emphasizing the importance of proper fund management.
What is the interest rate for MTF, and does it vary across different holding period?
The interest rate for the Margin Trading Facility (MTF) is 16% per annum, applicable uniformly across various holding periods including BTST (Buy Today Sell Tomorrow), swing trading, and long-term investments. This consistent interest rate simplifies ...
Why 'Exit All Positions' doesn't work at all times?
The 'Exit All Positions' function, accessible in Fyers Web, Fyers App, and Fyers EA, allows users to close all their positions swiftly with a single tap or click. Nonetheless, there are specific scenarios where this feature may not operate ...
Which stocks are eligible for MTF trading?
Eligible stocks for MTF includes 900 stocks of NSE. A detailed list of these stocks and their corresponding leverage options can be found on the MTF page within the FYERS App or on our website, alongside the MTF Margin calculator, facilitating ...