Using Margin Trading Facility (MTF) facility, an investor can buy shares using a small amount from his available funds/shares as collateral known as margin. The remaining balance required to complete the transaction is funded by the broker.
"Choice Equity Broking Private Limited offers MTF facility under the product category Choice Margin+, wherein Investors can create positions both on NSE and BSE exchange"
This facility allows the investor to carry forward his delivery position beyond 7 days. If the investor decides to take the delivery then he has to make good the funded amount.
Interest will be charged by the Broker on the Funded Amount/Debit Balance*
Investors signing the MTF segment should also understand their risk-return capacity and should not get carried away by availing the MTF facility.
For more detail and copy of Fair Practice Code please e-mail request to [email protected]
*Only for those online clients who are opening accounts without any referral code