Zerodha has launched margin trading facility (MTF) that will allow users to trade on borrowed money on the platform
However, on its blogpost, Zerodha has advised against using MTF
The platform will charge 0.04% of the funded amount on a per day basis. Users can borrow up to 80% of the traded value on the platform
Zerodha has launched margin trading facility (MTF) that will allow users to trade on borrowed money on the platform.
“I don’t know if it is a good time with the fall in the markets, but we are finally launching MTF (margin trading facility) which allows you to buy stocks for delivery by borrowing money from us,” Nithin Kamath, founder and CEO of Zerodha, announced on X today (December 19).