Interest on Margin Trading Facility (MTF) positions is charged daily 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.
Scenario | What You Should Know |
---|---|
You hold positions longer than a week | Interest continues to add up daily, and a new deduction entry is made every 7 days. |
You don’t see a charge immediately | Charges are only posted weekly. Wait until the 7th day for the consolidated entry to reflect. |
You need help understanding charges | You can reach out to our support team for clarification. |