Buy Now, Pay Later (MTF)
Margin Trading Facility (MTF)
4X your buying power
Trade 1500+ scrips with an unlimited holding period,
take positions up to ₹5 Cr.
By signing up, you agree to receive transaction updates from Upstox.
MTF Hub
Discover. Track. Manage.
Everything you need to power your leverage trades
Cashless MTF
Trade without adding any funds
Cashless MTF
Trade without adding any funds
Emotion-free exits
Add Stop-Loss and Target
Advisory
Via SEBI registered RAs
Leverage without limits
Buy and hold forever
Trending Smartlists
Most-Bought and Top Gainers
Industry Insights
Trends and industry level stats
Tracker
To manage orders & positions
Limits and charges
Pricing
Pay only for the borrowed amount
Borrow up to
₹50,000
at ₹20 per day (up to ₹1L)
Borrow up to
₹40,000
at ₹20 per day
Keep in mind
Daily funding charges on borrowed amount only
Charges calculated based on actual number of days
No charges on your own capital
Brokerage charges as per plan applicable
Take positions worth up to ₹5 Cr with Upstox funding up to 75%
Eligible scrips
Choose from 1500+ Stocks
| Sr | Symbol | With MTF (₹) | With MTF (₹) | Actual Price (₹) | Margin saved |
|---|---|---|---|---|---|
| 01 | |||||
| 02 | |||||
| 03 | |||||
| 04 | |||||
| 05 |
Testimonials
What our users
have to say
Guardrails
Understand the Risks
MTF is a powerful tool, but it's important to know the risks involved
Risk tolerance
Just as profits are magnified, losses can also be larger. Always trade within your risk tolerance
Holding period
You pay daily charges on borrowed funds. Longer holding periods mean higher total costs.
Position monitoring
If your position value drops significantly, you may need to add funds or face automatic square-off
What is a Margin Trading Facility (MTF)?
When an investor or a trader wants to buy more shares than the available money, the Margin Trading Facility (MTF) comes in. It's a service provided by Upstox where you can buy shares by paying only a part of the total amount as margin. Upstox pays the remaining amount at a nominal interest rate. MTF trading enables investors to buy more shares by borrowing an amount from their broker as a loan, thereby increasing the potential risk and returns. Example: ABC Ltd stock price is ₹100, and you want to buy 100 shares. To take this position, you need ₹10,000 in your trading account. But, you only have ₹2,500 in your Upstox trading account. What to do now? You opted for the Margin Trading Facility (MTF) and got a leverage of up to 4x in your available cash balance. • Amount paid by investors to buy 100 shares of ABC Ltd: ₹2,500 • Amount funded by Upstox as MTF: ₹7,500 • Total amount invested: ₹10,000 • Interest will be charged on the MTF-funded amount only MTF trading is useful for traders and investors who wish to take bigger positions without using their own cash balance.
FAQs
What is a Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) allows investors to buy stocks by paying only a portion of the total value, while the remaining amount is funded by the broker at a fixed interest cost.
How Does the MTF Work?
In MTF, investors need to pay the 25% upfront margin to buy a stock, while the remaining 75% is fulfilled by the broker. The interest is payable on the 75%, which is treated as a loan.
What is Cashless MTF?
Cashless MTF allows you to trade using pledged shares as margin instead of cash. It means you can pledge the existing shares from your portfolio, which will act as cash to pay the upfront margin.
Which Stocks are Eligible for MTF?
Stocks eligible for MTF are selected according to broker and exchange guidelines. Generally, highly liquid and approved securities are available under the margin trading facility.
Check the MTF eligible stocks list.
How to Buy Stocks Under MTF?
To buy stocks under MTF, select an eligible stock, choose the margin trading facility option while placing an order, and pay the required margin amount.
How Do I Exit the MTF Position?
You can exit an MTF position by directly selling the shares from your portfolio. In Upstox, there is a separate MTF tab to view the MTF positions; you can also exit from there.
What Happens if the Margin Falls Below the Required Level?
If the margin falls below the required level, the broker may issue a margin call. Failure to add funds can result in position liquidation.
How Long Can I Hold Shares Purchased Using MTF?
Shares purchased through MTF can generally be held for unlimited days, provided that you meet the margin requirements and interest obligations.
What is the maximum funding value allowed in MTF?
The maximum funding allowed in MTF depends on the scrip, but the position value allowed under MTF is capped at ₹5 crore.
Are stocks bought under MTF eligible for Dividends and Bonus issues?
Yes, stocks bought under MTF are eligible for dividends and bonus issues. However, buybacks are not applicable because shares are pledged with the broker.
How is MTF Different from a Loan Against Securities?
MTF is used specifically for purchasing shares with broker funding, while a loan against securities provides funds against pledged holdings for broader financial needs.
Disclaimer: For Margin Trading Facility (MTF), the provisions of SEBI Circular no. CIR/MRD/DP/54/2017 dated June 13, 2017, apply.
MTF funding is subject to eligibility, approved securities, applicable margins and SEBI/Exchange regulation. Funding amount varies from client to client and is not assured.
Start trading with
Upstox Pro
By signing up, you agree to receive transaction updates from Upstox.
.svg)
.svg)