FYERS
 · Communications Team

Margin Trading Facility (MTF) at FYERS: Trade on Your Terms

One of the biggest challenges in trading is capital. You identify a promising opportunity, but your available funds fall short. That’s where Margin Trading Facility (MTF) at FYERS comes in. It helps you increase your buying power by borrowing against your existing capital while maintaining full control over your trades.

What is MTF?

MTF lets you take delivery positions in the cash segment by borrowing against your available capital or pledged holdings. You can access up to 4 times your funds by selecting MTF as the product type in the order window. Interest is charged only on the borrowed portion, and it is calculated daily.

Example

Suppose you have ₹1 lakh in your account. With MTF, you can place a delivery trade worth ₹4 lakh by borrowing the remaining ₹3 lakh. You will be charged interest only on the borrowed ₹3 lakh.

How MTF Works

Using MTF is simple and seamless on FYERS:

  • Select a stock from the MTF-approved list

  • In the order window, choose "MTF" as the product type

  • Place your trade using enhanced buying power

  • Interest applies only on the borrowed amount, charged daily

Automated Pledging

Earlier, MTF required manual pledging and OTP-based confirmation. Since 8 November 2024, pledging is fully automated in line with NSE regulations. Once you buy stocks using MTF, they are auto-pledged with no additional steps or delays.

Why Use MTF?

  • Access up to 4x leverage on over 1,400 approved stocks

  • No restriction on holding period for MTF positions

  • Flexible position sizing based on your capital and risk

  • Lower capital requirement compared to futures or full delivery

  • Cost-effective daily interest, with rates starting at 12.49% per annum for higher slabs

Interest Rate Structure (Effective 2 June 2025)

Borrowed Amount

Annual Rate

Daily Rate (Approx.)

Up to ₹1,000

0%

0%

₹1,000.01 – ₹1,00,000

16.49%

0.0452%

₹1,00,000.01 – ₹10,00,000

15.49%

0.0424%

₹10,00,000.01 – ₹25,00,000

14.49%

0.0397%

₹25,00,000.01 – ₹50,00,000

12.49%

0.0342%

Only one slab applies per day based on your total borrowed value.

Getting Started with MTF

To activate and use MTF on FYERS:

  1. Log in to Fyers Web or App

  2. Select a stock and choose “Try MTF” in the order window

  3. Complete the one-time registration

  4. Enable DDPI, which is mandatory to use MTF
    How to enable DDPI

Once activated, MTF remains available for you to use as needed.

Need Help?

Visit our MTF Help Section to learn more about:

  • Eligibility

  • Interest calculation

  • Pledging and collateral

  • Risk management

  • Margin calls

Get Started with MTF Today

MTF helps you scale your trades without constantly arranging extra capital. If you're trading with limited funds, it gives you the leverage to act decisively when opportunities arise. With built-in features like automatic pledging and daily interest tracking, you stay focused on your strategy, not the logistics.

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