Fyers MTF Review

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FYERS Securities Pvt Ltd offers a Margin Trading Facility (MTF) that allows traders to boost their buying power by up to 4X leverage on delivery trades.

With coverage of 1600+ approved stocks, interest starting as low as 12.49% per annum (volume-based pricing), and borrowing limits up to ₹50 lakhs, FYERS MTF is designed for active traders seeking larger market exposure with limited upfront capital.

Fyers MTF Interest Rate
0% p.a. for funding up to ₹1,000
12.49% p.a. for funding ₹25,00,000 and above
14.49% p.a. for funding ₹10,00,000.01 to ₹25,00,000
15.49% p.a. for funding ₹1,00,000.01 to ₹10,00,000
16.49% p.a. for funding ₹1,000.01 to ₹1,00,000

Fyers MTF Charges

Type of ChargeDetails
InterestAs low as 12.49% p.a (Charged daily on funded amount; posted weekly to MTF ledger)
LeverageUp to 4X
Brokerage₹20 or 0.3% per executed order
Pledge Charges₹5 per pledge request
Unpledge Charges₹12
Order TypeMarket and Limit Order
Maximum FundingUp to ₹50 Lakhs
Maximum Holding PeriodUnlimited (subject to margin maintenance)

Fyers MTF Key Features

  • Up to 4X Leverage: Take larger delivery positions with limited capital.
  • Flexible Repayment: No fixed tenure – square off anytime or carry forward as per your strategy.
  • One-Click Activation: Activate instantly from the order window with OTP verification.
  • Delivery Conversion: Easily convert MTF positions into delivery holdings.
  • MTF SIPs: Continue your SIP strategy even during temporary fund shortages.
  • Dynamic Margin Facility: Funding adapts based on stock eligibility and trading profile.

Fyers MTF Process

On FYERS App

  1. Log in to the FYERS App.
  2. Go to My Profile → Segment Tab.
  3. Tap Activate MTF.
  4. Enter the OTP received on the registered mobile/email.
  5. Activation confirmation will be shown.

On FYERS Web

  1. Log in to FYERS Web.
  2. Click Profile → My Profile → Segment.
  3. Select Activate MTF.
  4. Enter OTP and confirm.

On FYERS Trader

  1. Log in to FYERS Trader.
  2. Open the order panel for any stock.
  3. Click Try MTF.
  4. Accept T&C and verify via OTP.

How to Convert MTF to Delivery in FYERS?

You can convert MTF positions into delivery holdings if sufficient funds are available.

On App and Web

  1. Go to Portfolio → Positions.
  2. Select MTF stock.
  3. Tap Convert to Delivery.
  4. Enter quantity and confirm.

Once converted, full payment must be made, and interest stops on the converted quantity.

Fyers MTF Other Details

Pledge and Unpledge Shares in FYERS

Pledging allows you to unlock collateral margin without selling holdings.

Pledging via App

  1. Open FYERS App → Portfolio → Holdings.
  2. Tap Pledge.
  3. Select stocks and quantity.
  4. Submit and verify via CDSL OTP.
  5. Collateral reflects after confirmation (approx. 10 minutes).
  6. Charge: ₹5 per pledge request.

Unpledging

  1. Go to Portfolio → Holdings → Pledged.
  2. Select stock and tap Unpledge.
  3. Free of charge.
  4. Unpledge requests before 6 PM are processed the next trading day.

Fyers MTF Pros/Cons

Pros:

  • Up to 4X leverage
  • 1600+ eligible stocks
  • Low interest starting at 12.49%
  • Flexible repayment
  • Easy OTP-based activation

Cons:

  • Interest cost on the borrowed amount
  • Margin calls during volatility
  • Only delivery trades allowed
  • Requires active monitoring
  • Slab-based pricing varies

Fyers MTF Conclusion

FYERS MTF is well-suited for active delivery traders seeking higher exposure with competitive interest rates and flexible repayment. With 4X leverage, 1600+ stock coverage, low pledge charges, and seamless app-based activation, it offers a modern and efficient margin trading experience.

Fyers Special Offer

FYERS Trade Smart. Pay Less

  • ₹0 account opening, AMC and demat charges.
  • Zero brokerage on Direct Mutual Funds.
  • ₹20/order brokerage on Equity, F&O or Commodities.
  • Easy onboarding in under 5 minutes.
  • MTF charges as low as 12.49% p.a.

This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today.

Frequently Asked Questions

Interest starts as low as 12.49% per annum, depending on volume-based slabs.

Fyers MTF Interest Rate
0% p.a. for funding up to ₹1,000
12.49% p.a. for funding ₹25,00,000 and above
14.49% p.a. for funding ₹10,00,000.01 to ₹25,00,000
15.49% p.a. for funding ₹1,00,000.01 to ₹10,00,000
16.49% p.a. for funding ₹1,000.01 to ₹1,00,000

Up to 4X leverage on delivery trades.

No fixed tenure. You can square off or carry forward as per your strategy.

1600+ exchange-approved and FYERS-enabled stocks.

No, MTF is available only for delivery trades.

Fyers Competitors Review

Information on this page was last updated on Wednesday, August 28, 2024

Special Offer:

₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments

Open FREE Fyers Demat Account

šŸš€ Open Your Fyers Account Today!

₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments

Open FREE Fyers Demat Account

Fyers Special Offer

FYERS Trade Smart. Pay Less

  • ₹0 account opening, AMC and demat charges.
  • Zero brokerage on Direct Mutual Funds.
  • ₹20/order brokerage on Equity, F&O or Commodities.
  • Easy onboarding in under 5 minutes.
  • MTF charges as low as 12.49% p.a.

This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today.

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