MTF Order

MTF (Margin Trading Facility) order in mStock is a product that lets traders borrow funds from Mirae Asset to buy stocks by paying only a portion of the trade value upfront, called the margin. It's exclusively for delivery trades, not intraday. m.Stock offers up to 80% funding on more than 1,100+ stocks, meaning you contribute around 20% of the trade value and the broker funds the rest. Interest is charged daily on the funded amount, starting as low as 8.99% per annum, and continues until you close the position. So with just ₹1 lakh, you could place an order worth up to ₹5 lakh. To place an MTF order, you select an eligible stock from m.Stock's MTF list, place a buy order for the shares you want, pay the required margin, and the platform funds the remaining amount — the funding amount, interest rate, and available margin are all shown clearly before you confirm. Unlike intraday trades, MTF positions can be held indefinitely as long as you maintain the required margin, though m.Stock recommends using it for short-to-medium term trades since holding too long increases interest costs. You need to maintain the margin at all times — if there's a shortfall, mark-to-market (MTM) loss, or a corporate action on the stock, the broker can square off your open position. Also worth knowing: as per SEBI regulation, only Group-1 securities are eligible for MTF, so not every stock on the exchange qualifies, and m.Stock further narrows this list based on its own internal risk policy.