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 risk team will evaluate such positions for potential liquidation, emphasizing the importance of proper fund management.
Related Articles
How often is interest charged on MTF positions?
Interest on MTF-funded positions is levied weekly (7 days). The interest charges are reflected as a consolidated entry in the client's ledger, allowing for straightforward tracking of finance charges.
Are there withdrawal restrictions for using MTF?
Withdrawals are restricted to the extent of your mark-to-market (MTM) losses on your Margin Trading Facility (MTF) positions. However, any funds that exceed the MTM losses can still be withdrawn. This ensures that the losses are accounted for while ...
What are the pledge charges on MTF?
At FYERS, the following charges apply for MTF (Margin Trading Facility) transactions: Pledge Request: ₹12 per transaction Unpledge Request: ₹12 per transaction These charges are standard for each transaction and help you plan the costs involved in ...
Will I be eligible for corporate actions such as dividends for my MTF positions?
Yes, as an MTF trader on FYERS, you are eligible for corporate actions such as dividends. The shares remain in your Demat account under the MTF facility, ensuring you receive all corporate benefits associated with those shares.
Can I select specific positions for Smart Exit in FYERS?
No, Smart Exit is applied to all open positions in your portfolio, including Margin Trading Facility (MTF) positions. However, Equity delivery positions are excluded from Smart Exit and will not be affected.