*Leverage is subject to stock eligibility and applicable margin requirements.
Up to 4X Margin*
Leverage your capital
1,180+
Stocks eligible for MTF
~0.049%
Interest rate per day
360 Days
Holding period
MTF Stocks List
NSE-eligible stocks for MTF trading, with funding percentage, your required contribution, and leverage.
| Name | Choice Funding (%) | Your Contribution (%) | Leverage |
|---|---|---|---|
Benefits of Margin Trading Facility With Choice
Everything you need to trade bigger without tying up your full capital.
Up to 4X Buying Power
Pay 25% upfront, Choice funds 75% — buy up to 4X* more stocks with the same capital.
360 Days Holding Period
Hold your MTF positions for up to 360 days, as long as margin requirements are met.
Interest Only on What You Borrow
Daily interest only on the funded amount — not your capital. Interest stops when you sell.
Cash or Collateral — Your Choice
Use cash balance or pledge shares as collateral to activate and maintain your MTF positions.
Switch to Delivery Anytime
Convert your MTF holding into a delivery position anytime by clearing the funded amount.
Live Margin Monitoring
Track your MTF positions, interest, and margin coverage in real time on Choice FinX.
How Does Margin Trading Facility (MTF) Work?
MTF lets you buy more shares with partial capital, while Choice funds the rest.
You Pay
₹25,000
(25%)
Choice Funds
₹75,000
(75%)
You Buy Stocks Worth
₹1,00,000
Leverage capital up to 4X without liquidating existing holdings
Same capital, nearly 4X higher returns
Returns With vs. Without MTF
| Scenario | Without MTF (Cash Only) | With MTF (Up to 4X Leverage*) |
|---|---|---|
| Buy price per share | ₹500 | ₹500 |
| Your capital deployed | ₹25,000 | ₹25,000 |
| Funded by Choice | Nil | ₹75,000 |
| Total buy value | ₹25,000 | ₹1,00,000 |
| Shares you can buy | 50 shares | 200 shares |
| Sell price (15% gain) | ₹575 | ₹575 |
| Gross profit | ₹3,750 | ₹15,000 |
| Holding period | 10 days | 10 days |
| Interest charged (approx.) | Nil | (0.049% × ₹75,000) × 10 days = ₹370 |
| Net profit (approx.) | ₹3,750 | ₹14,712 |
| Return on your ₹25,000 | 15% | ~58.8% |
How to Place an MTF Order on Choice?
Four steps. No extra paperwork. No separate account needed. Choice is all you need.
STEP 1
Open Choice FinX app
STEP 2
Choose the stocks you wish to buy
STEP 3
Tap ‘MTF (4X)’ tab on the order screen
STEP 4
Enter quantity & place your order
MTF Charges on Choice
Know exactly what you will pay before you trade with zero hidden charges
~0.049%
Interest Rate
per day (18% p.a.)₹10 + GST
Pledge/Unpledged
per request₹0
Processing Fee
not applicable*Note: Final rate may vary by client category. MTF orders at Choice are placed on NSE only.
What is Margin Trading Facility (E-Margin)
Margin Trading Facility (MTF), also referred to as E-Margin or Pay Later, is a SEBI-regulated product that allows equity investors to buy shares by paying only a portion of the total trade value upfront. The broker funds the remaining amount, acting as a short-term lender. The shares purchased are automatically pledged as collateral until the funded amount is fully repaid.
Under MTF, a trader with ₹25,000 in capital can control a stock position worth up to ₹1,00,000, a leverage ratio of 4x. This amplifies both the potential return on invested capital and, equally, the potential loss if the trade moves unfavourably. MTF is a tool for sizing positions with confidence, not for speculating without accountability.
MTF operates exclusively in the equity cash segment and is governed by SEBI regulations. Currently, NSE-listed Group I securities are approved under MTF funding, and those meeting SEBI's minimum thresholds for liquidity, market capitalisation, and trading volume are eligible. This keeps the facility limited to stocks with sufficient depth and reduces the risk of being unable to exit a position.
Unlike intraday trading, which requires all positions to be squared off before the market closes, MTF allows investors to hold positions across multiple sessions for up to 360 days. This makes it particularly well-suited to swing traders, BTST (Buy Today, Sell Tomorrow) traders, and medium-term investors who want to act on a market view without waiting to accumulate the full capital required.
Interest is charged daily, only on the funded portion of the trade, never on your own capital. The charge begins on the settlement date of the buy trade (T+1) and ends the day before sell settlement. Once the position is closed, interest stops immediately.
MTF is available on Choice FinX to all demat account holders who have completed KYC and accepted the MTF Terms & Conditions within the app. Activation takes under five minutes and requires no paperwork beyond your existing account setup.
Why Margin Trading Facility?
Transparent interest, 360‑day holding, collateral flexibility.
For Swing Traders
Size positions without liquidating holdings. Hold them up to 360 days, no forced intraday expiry.
For Opportunistic Investors
Pledge large‑cap holdings as collateral, fund new MTF positions, and run both simultaneously.
For Capital-Efficient Traders
Interest applies only on funded amount from T+1 until sell settlement, pay exactly for the days held.
MTF Margin Calculator
What Our Customers Say
See how Choice MTF users are making their capital work harder.
