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 Interest Works
- Daily Charging:
Interest is calculated every day based on your open MTF positions and applicable rate. - Weekly Deduction:
The total interest accrued over a 7-day period is deducted from your account in one go. - Tracking:
You’ll find a weekly ledger entry reflecting the combined interest charge for the past 7 days.
What If…
| Scenario | What You Should Know |
|---|
| You hold positions longer than a week | Daily interest continues, and each 7-day cycle brings a new deduction. |
| You don’t see a charge immediately | Wait until the 7th day; only then will the consolidated charge reflect. |
| You want to limit interest | Consider closing positions earlier in the cycle to reduce daily accumulation. |
Tip: Plan your trades and exit timing to stay ahead of interest cycles and keep funding costs low.
Last updated: 12 Jun 2025
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