FYERS’ Margin Trading Facility (MTF) offers traders the ability to leverage up to 4x their capital, but it’s important to know the charges involved. The daily borrowing cost is ₹49.3 per lakh per day of the borrowed amount. For instance, if you borrow ₹1,00,000, you’ll pay ₹49.3 daily. These low costs make MTF an affordable way to boost your trading power without large upfront investments.
When using MTF, the borrowing fee adds up over time. For example, borrowing ₹1 lakh for 7 days will cost around ₹345, and over 30 days, it would be approximately ₹1,479. While these daily costs are minimal, they can accumulate if you hold leveraged positions for longer periods, so it’s best to use MTF for short- to medium-term trades to keep borrowing fees in check.
In addition to the daily borrowing charge, traders should keep in mind standard brokerage fees, transaction charges, and taxes. While MTF’s borrowing cost is one of the most affordable in the industry, managing leverage effectively and calculating overall trading costs is crucial for maximizing returns. By leveraging MTF responsibly, you can amplify your exposure to market opportunities without significant costs eating into your profits.
Explore More with FYERS
While MTF is a powerful feature, FYERS offers many more advanced tools worth exploring. From advanced charting tools and robust risk management features, FYERS provides a comprehensive platform for traders who want to stay ahead. FYERS equips you with everything you need for a smarter trading experience.