# Swing Traders Pain for MTF (Margin Trading Facility) E-Margin

**URL:** https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993
**Category:** General
**Created:** [June 28, 2023, 10:14am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993 "2023-06-28T10:14:41Z")
**Posts on this page:** 20
**Page:** 3

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### Author: ![entice](https://tradingqna.com/user_avatar/tradingqna.com/entice/32/67740_2.png) [@entice](https://tradingqna.com/u/entice)
#### Post date: [January 29, 2024, 12:28pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/43 "2024-01-29T12:28:16Z")

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Please include me for the MTF trial. I’m a swing/positional trader (equity delivery only). Holding account since 2013.

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### Author: ![Joe\_Chris](https://tradingqna.com/letter_avatar_proxy/v4/letter/j/848f3c/32.png) [@Joe\_Chris](https://tradingqna.com/u/Joe_Chris)
#### Post date: [January 29, 2024, 12:30pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/44 "2024-01-29T12:30:59Z")

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Excited to use this feature and would prefer this over Futures.

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### Author: ![Abhi\_001](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/f4b2a3/32.png) [@Abhi\_001](https://tradingqna.com/u/Abhi_001)
#### Post date: [January 29, 2024, 3:19pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/46 "2024-01-29T15:19:07Z")

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I also moved out in August to Mstock, but looking forward to coming back to zerodha on the release of MTF, if the benefits are similar.

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### Author: ![KT121](https://tradingqna.com/user_avatar/tradingqna.com/kt121/32/72844_2.png) [@KT121](https://tradingqna.com/u/KT121)
#### Post date: [February 1, 2024, 5:56pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/47 "2024-02-01T17:56:23Z")

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> [@sandeep\_cs](#):
>
> ivativ

Hi, thats the issue I have also faced with Angel One however since I am a trader and move my shares frequently, the benefit outweighs this. The MTF facility and pledging of shares allows me to take a trade where I see a breakout and can make 10% to 15% gains in few days as I hold big quanity. Zero brokerage on delivery also helps in saving some cost. I agree the MTF has to be kept separate and wish they wouldnt offset it against the new cash margin.

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### Author: ![KT121](https://tradingqna.com/user_avatar/tradingqna.com/kt121/32/72844_2.png) [@KT121](https://tradingqna.com/u/KT121)
#### Post date: [February 1, 2024, 6:00pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/48 "2024-02-01T18:00:03Z")

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How is Mstock’s platform and service ? The low interest on MTF is tempting!

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### Author: ![Hemraj\_Jakhar](https://tradingqna.com/user_avatar/tradingqna.com/hemraj_jakhar/32/73014_2.png) [@Hemraj\_Jakhar](https://tradingqna.com/u/Hemraj_Jakhar)
#### Post date: [February 2, 2024, 1:05am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/49 "2024-02-02T01:05:54Z")

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Moved to Dhan because of MTF…would love to come back once Zerodha launces MTF.  
Zerodha’s customer base will be doubled in no time after MTF implementation.

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### Author: ![Abhi\_001](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/f4b2a3/32.png) [@Abhi\_001](https://tradingqna.com/u/Abhi_001)
#### Post date: [February 3, 2024, 6:42am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/51 "2024-02-03T06:42:39Z")

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The platform is very basic and the customer support is also not good…but the profitability is much higher due to low interest rate and zero brokerage (if zero brokerage plan is bought)

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### Author: ![sn88](https://tradingqna.com/letter_avatar_proxy/v4/letter/s/a88e57/32.png) [@sn88](https://tradingqna.com/u/sn88)
#### Post date: [February 7, 2024, 6:01pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/52 "2024-02-07T18:01:45Z")

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Waiting for it. Please prepare a clear blog on how the thing will work & the charges to be paid later once the feature is released

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### Author: ![Aryamaan\_Agarwal](https://tradingqna.com/user_avatar/tradingqna.com/aryamaan_agarwal/32/74090_2.png) [@Aryamaan\_Agarwal](https://tradingqna.com/u/Aryamaan_Agarwal)
#### Post date: [March 10, 2024, 2:25am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/54 "2024-03-10T02:25:06Z")

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Any update on the MTF feature? Waiting for the launch

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### Author: ![entice](https://tradingqna.com/user_avatar/tradingqna.com/entice/32/67740_2.png) [@entice](https://tradingqna.com/u/entice)
#### Post date: [March 11, 2024, 2:39am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/55 "2024-03-11T02:39:53Z")

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How can we get on the MTF beta? @VenuMadhav

I’ve moved to Dhan because of MTF, would switch to Zerodha in a heartbeat if you launch MTF.

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### Author: ![VenuMadhav](https://tradingqna.com/user_avatar/tradingqna.com/venumadhav/32/23090_2.png) [@VenuMadhav](https://tradingqna.com/u/VenuMadhav)
#### Post date: [March 11, 2024, 11:06am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/56 "2024-03-11T11:06:41Z")

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> [@entice](#):
>
> How can we get on the MTF beta?

Will announce here shortly, we will be taking on a very very small set of users considering the complexity of the project.

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### Author: ![CT143](https://tradingqna.com/user_avatar/tradingqna.com/ct143/32/65587_2.png) [@CT143](https://tradingqna.com/u/CT143)
#### Post date: [March 11, 2024, 1:16pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/57 "2024-03-11T13:16:32Z")

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🙌 - Intrested.

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### Author: ![nikunj\_kavadia](https://tradingqna.com/user_avatar/tradingqna.com/nikunj_kavadia/32/73430_2.png) [@nikunj\_kavadia](https://tradingqna.com/u/nikunj_kavadia)
#### Post date: [March 12, 2024, 1:11am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/59 "2024-03-12T01:11:41Z")

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HI Please let us know if it still plan to launch MTF by this FY year

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### Author: ![Krishnakumar](https://tradingqna.com/letter_avatar_proxy/v4/letter/k/aeb1de/32.png) [@Krishnakumar](https://tradingqna.com/u/Krishnakumar)
#### Post date: [March 12, 2024, 3:35pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/61 "2024-03-12T15:35:23Z")

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😅  
Soon doesn’t mean so soon in zerodha’s terms

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### Author: ![Abhi\_001](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/f4b2a3/32.png) [@Abhi\_001](https://tradingqna.com/u/Abhi_001)
#### Post date: [March 21, 2024, 4:07pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/62 "2024-03-21T16:07:17Z")

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I don’t have high hopes, as I don’t think the interest rates will be cheaper or at par with mstock.

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### Author: ![sandeep\_cs](https://tradingqna.com/user_avatar/tradingqna.com/sandeep_cs/32/94295_2.png) [@sandeep\_cs](https://tradingqna.com/u/sandeep_cs)
#### Post date: [April 2, 2024, 1:33pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/64 "2024-04-02T13:33:39Z")

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Hope MTF already started for the selected account , How is the Interest rate ?

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### Author: ![AnkurG](https://tradingqna.com/user_avatar/tradingqna.com/ankurg/32/74316_2.png) [@AnkurG](https://tradingqna.com/u/AnkurG)
#### Post date: [April 7, 2024, 10:25am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/65 "2024-04-07T10:25:24Z")

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I am not sure, how is MTF helpful?  
If one has a high conviction of their trade, one can easily trade in Futures - eg. buying Futures for say 3 months later. One has ~200 such scrips available.  
Leverage is already high in this case with no interest, ofcourse tax will be higher but high leverage with no interest to pay will take care of it.

Someone pls clarify if I am missing anything.

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### Author: ![Abhi\_001](https://tradingqna.com/letter_avatar_proxy/v4/letter/a/f4b2a3/32.png) [@Abhi\_001](https://tradingqna.com/u/Abhi_001)
#### Post date: [April 7, 2024, 1:23pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/66 "2024-04-07T13:23:47Z")

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There could be many points, but i am mentioning here some of the most important one:

1. In MTF you are the owner of the stock which makes you eligible for dividend, bonus, right issue, etc

2. You don’t need to roll forward your positions every month, sometimes the difference between the future price and spot price is significantly high, which makes MTF position comparatively cheaper due to lower rate of interest.

3. Margin calls are less frequent, so if you have some positions under MTF that are in profit and some are in loss but the net is profit, you usually dont get margin calls for loss making scrips, which is not the case for future. This is a very signficant point as it directly impacts your liquidity.

4. Psychologically Futures tend to create more stress and anxiety as you accrue losses on daily basis due to MTM which create panic, whereas MTF gives the comfort of equity delivery and you dont get paniced even the scrip is 10% or 20% down. This is my personal experience, others may think differently.

5. In MTF you have almost 4-5x more stocks available to take position, so more options available.

6. You get lower tax rate, LTCG 10% and STCG 15%, so if you are in a 30% tax bracket the difference will be huge. Its frequently said by wealthiest Indians, that if you want to quickly create wealth in India try to increase your income flow from the source that is subject to LTCG

7. The difference between Fut and Stock price is the interest component, so there is an interest component in FUT, which at times higher than interest you avail in MTF.

MTF is the bridge between the equity delivery and FUT, and it is going to be the new normal very soon. It’s so powerful that I am seeing ppl with good capital are also switching from equity delivery and option trading to MTF.

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### Author: ![nikunj\_kavadia](https://tradingqna.com/user_avatar/tradingqna.com/nikunj_kavadia/32/73430_2.png) [@nikunj\_kavadia](https://tradingqna.com/u/nikunj_kavadia)
#### Post date: [April 7, 2024, 7:46pm UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/67 "2024-04-07T19:46:06Z")

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I don’t believe they have started yet.

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### Author: ![NK246](https://tradingqna.com/letter_avatar_proxy/v4/letter/n/919ad9/32.png) [@NK246](https://tradingqna.com/u/NK246)
#### Post date: [April 22, 2024, 7:16am UTC](https://tradingqna.com/t/swing-traders-pain-for-mtf-margin-trading-facility-e-margin/148993/68 "2024-04-22T07:16:49Z")

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Please include me too, whenever you start MTF. I have been trading with Zerodha, and like it. But some of my strategies requie MTF, and would definitely like to try it out.

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