Margin Trading Facility (MTF)
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 by following these steps: Steps to Convert an MTF Position to Overnight: Log in to your FYERS account via the web. Navigate to the ‘Manage Account’ section. Go ...
Can I convert an MTF position to Overnight?
Yes, you can convert your Margin Trading Facility (MTF) position to an Overnight position (CNC). Important considerations before converting: Submit your request between 9:00 AM and 9:00 PM, as requests outside this timeframe will not be processed. ...
Do I need to pledge/authorise my MTF holdings?
Yes, you need to authorise your MTF holdings via OTP on the day of purchase between 4:00 PM and 9:00 PM. If you do not authorize the holdings within this window, your MTF position will be treated as a normal holding, which could lead to a margin ...
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 ...
What are the DP charges for selling MTF holdings at FYERS?
p style="margin: 0 0 12px 0; line-height: 1.5;"> When you sell stocks held under Margin Trading Facility (MTF), a flat DP charge of ₹12.5 + GST per stock (ISIN) per day is applicable. This charge remains the same regardless of how many MTF sell ...
Will I be eligible for corporate actions such as dividends for my MTF positions?
Yes. If you hold shares under the Margin Trading Facility (MTF) at FYERS, you are eligible for all corporate actions such as dividends, bonuses, rights issues, and stock splits. This is because the shares remain in your demat account even though they ...
Can I do BTST with MTF, and will I get the sell credit when I sell the next day?
Yes, you can execute BTST (Buy Today, Sell Tomorrow) using the MTF product type. Here’s what you need to know: Sell Credit: When you sell the shares the next day, the sell credit is received and can be used across all trading segments on the same ...
If I’ve given a POA, do I need DDPI for MTF trading?
No, you don’t need a DDPI (Demat Debit and Pledge Instruction) if you have already provided a Power of Attorney (POA). A POA allows us to carry out specific transactions on your behalf, including debiting securities from your Demat account and ...
What happens to MTF positions during a market crash or extreme volatility?
During a market crash or periods of extreme volatility, our Risk team may square off your MTF positions if the mark-to-market (MTM) loss reaches or exceeds 75% of your initial margin. This square-off may be executed without prior notice in order to ...
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.
Are there withdrawal restrictions for using MTF?
When using the Margin Trading Facility (MTF) at FYERS, your ability to withdraw funds is limited by your mark-to-market (MTM) losses. This means: You can withdraw funds exceeding your MTM losses. The portion of funds covering your MTM losses will be ...
How to activate Margin Trading Facility (MTF) in FYERS Web?
To activate the Margin Trading Facility (MTF) on FYERS Web 1.5, follow these steps in sequence. This process is only supported on the Web 1.5 version of the FYERS platform. Enable DDPI: Ensure your Demat Debit and Pledge Instruction (DDPI) is active. ...
What happens if I miss the interest payments for using MTF?
If you miss an interest payment, your MTF trading capability will be temporarily paused. There’s no permanent blacklist for this; simply settle the dues to reactivate your MTF access. For any queries or clarifications, kindly contact support.
What's the maximum amount I can invest using MTF?
You can borrow up to ₹50 lakh (effective from 2nd June 2025) using the Margin Trading Facility (MTF) at FYERS. This limit allows you to take larger delivery positions by pledging approved stocks while managing your risk within predefined exposure ...
Will I be notified about a margin call for any shortfall?
Yes, we notify you in case of a margin shortfall through email alerts and, in some cases, phone calls. These notifications are intended to help you take timely action to restore the required margin and avoid the risk of your MTF positions being ...
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.
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 any hidden charges associated with MTF other than interest?
No, there are no hidden charges for using the Margin Trading Facility (MTF) apart from brokerage and statutory charges as outlined in the True to Label circular. This transparency ensures you can plan your investments confidently, without worrying ...
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 ...
Which stocks are eligible for MTF trading?
The list of eligible stocks for MTF includes 1400+ stocks from 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, ...
What is the interest rate for Margin Trading Facility (MTF) in FYERS?
If you’re using Margin Trading Facility (MTF), it’s important to understand how interest is charged on your borrowed amount. We apply a slab-wise interest rate based on your total borrowed amount on any given day. This structure ensures transparency ...
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 ...