SMC Global MTF Review

1. Leverage: Up to 4x on approved Group I equity stocks, enabling clients to take larger delivery positions with partial capital.
2. Interest Rate: 0.049% per day (18% for a year)
3. Eligible Scrips: MTF is available only on Group I securities that are part of the SMC MTF Approved Category List.

SMC Global's MTF facility is available in the equity cash segment only (not in F&O). Here is how the process works:

1. Go to any stock that is eligible for MTF and click on “Buy”.
2. On the stock details page, select the option to Activate Margin Trading Facility (MTF).
3. Carefully read and accept the Terms & Conditions (T&C).
4. Enter the OTP received on your registered mobile number/email to confirm.
5. Your MTF will be successfully activated and ready to use.

Pros:

• Higher Buying Power: Allows investors to take larger delivery positions in Group I equity stocks by paying only a fraction of the total value upfront.
• Eligible Stocks: Available for Group I equity stocks listed on NSE & BSE, which include some of the most liquid SEBI-approved MTF scrips.
• Higher Return Potential: By controlling a larger position with less capital, the effective ROI can increase if the stock price moves favourably.

Cons:

• Higher Risk from Leverage: While leverage increases gains, it can also amplify losses if the stock price falls sharply.
• More Complex Process: Compared to normal delivery trading, investors must actively monitor margins, pledge deadlines, and interest charges.

SMC Global MTF is suitable for investors looking to take leveraged delivery positions in Group I equity stocks and who are comfortable with the pledge and OTP-based authentication process. It aligns well with existing SMC Global clients who prefer a full-service broker offering a wide network and personalised support, and who want MTF as part of a broader wealth management approach.

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