Are MTF orders on Upstox chargeable?

Yes. Since MTF allows you up to 4× purchasing power, you are effectively borrowing funds. This borrowing comes with charges such as interest, pledging, brokerage, and possible penalties.

What are the Applicable Charges for MTF Orders on Upstox?

Here is a table showing the applicable charges on MTF orders on Upstox:

Type of Charge	Basic Plan	Upstox Plus
Interest (MTF Charges)	₹20 per day for every ₹40,000 borrowed (slab-wise).	₹20 per day for every ₹50,000 borrowed (up to ₹1 lakh), then ₹20 per ₹40,000 beyond ₹1 lakh.
Brokerage	0.1% or ₹20 per order (whichever is lower)	Same as the Upstox Basic Plan
Pledge / Unpledge	₹20 per stock per action + GST	Same as the Upstox Basic Plan
Auto Square-off / Confiscation	₹50 per order (if forcibly squared off)	Same as the Upstox Basic Plan
Other Penalties	Margin shortfall penalties and statutory charges as per SEBI/exchange rules	Same as the Upstox Basic Plan

Please check the detailed list of charges and penalties here.

What are the additional factors you must consider (related to charges on MTF on Upstox)?

The charges are deducted automatically from your Upstox trading account. GST and other statutory levies are applicable, wherever mandated. The mentioned fees are subject to periodic revision as per Upstox’s pricing policies and regulatory guidelines.

Terms & Conditions Apply:

RIGHTS & OBLIGATIONS OF STOCK BROKERS & CLIENTS FOR MARGIN TRADING FACILITY (MTF) - NSE & BSE