Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

What is the interest rate charged on SMC Global MTF?

SMC Global charges interest at 0.049% per day on the outstanding funded amount (the amount SMC has lent you). This works out to approximately 18% per annum. Interest is calculated daily from the date of purchase until the position is fully squared off or settled.