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Margin Trading Facility
Get 4X Margin with

Margin Trading Facility (MTF)


Trade and invest with ~75% margin funding on 1000+ stocks. Ideal for swing traders, BTST traders, or anyone who wants more margin!



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Margin Trading Facility for
Everyone


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Swing Traders

Make use of leverage trading to capitalize on short term market swings!

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BTST Traders

Use 4X margins for Buy Today Sell Tomorrow trades.

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Long Term Investors

Hold stocks for the long term with less margin using MTF.

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Dhan Users

Every Dhan user can access Margin Trading Facility!

4X Your Trading Capacity with Margin Funding


  • Unlimited Holding Period
  • 1000+ Scrips
  • Same Order Flow
  • Sell Instantly
  • Multiple Lots
  • No Hidden Charges
  • Margin Funding Exposure
  • MTF Estimator
  • Separate Tracking
  • MTF with Forever Order
  • Easy Pledge Process
  • MTF to Delivery
trading view

Trade More with
Less Capital Using MTF


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You have
₹ 10,000

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You Select
MTF

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Dhan gives
₹ 30,000

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Trade with up to
₹ 40,000

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Pledge your holdings anytime between 4 PM - 9 PM on the same day with Dhan’s unique Instant MTF Pledge feature.

List of Stocks with MTF

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Place MTF Order in
Just 5 Steps!


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1

Select “MTF” on the Order Screen

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Tap on "Buy with MTF"

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3

Navigate to the "Positions" Screen

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4

Authorize MTF Order before 9 PM (same day)

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5

View MTF Portfolio Separately


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How to Use Margin Trading Facility on Dhan?

Understand how to use MTF on Dhan with a step-by-step walkthrough of the feature and the order placement process. You'll also get a snapshot of MTF-related features like the Estimator.


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Traders & Investors



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Be a part of a vibrant community where people live the markets! Engage with like-minded users and request features that you want

Frequently Asked Questions

Questions on your mind? Don't worry we have the answers!


Margin Trading Facility (MTF) allows equity traders to take up leveraged positions. What this means is simple - the trader will pay a fraction of the position value while the broker funds the remaining amount. At Dhan, we give up to 4X leverages on 1000+ stocks. Example below:

If a client has Rs. 25,000, he can buy a stock of worth Rs. 1,00,000 with 4X leverage provided by Dhan.

Margin trading can be useful for swing traders and BTST traders who aim to capture short-term price swings. On Dhan, you can trade with 4x leverage using margin funding. All you have to do is open a margin trading account!

MTF allows you to do more with less. That's why it's the go-to feature for swing traders and BTST traders. For example, you could get 4x leverage on Dhan on 1000+ scrips.

An interest of 0.0438% will be charged per day effective from the settlement date on the funded amount. Let's take an example where you bought shares on Monday for Rs. 40,000 (with 75% MTF funding) and sold them on the next Monday. The Buy settlement will happen on Tuesday, so that is when the interest period start, while Sell settlement happens on next Tuesday, but that is not counted for interest since the money is received that day. Here is an example:

Your fund = 10,000
Dhan funded value = 30,000
Total number of days = 7 (Tuesday to Monday)
Interest amount = Rs 91.98 (30,000 * 0.0438% * 7 days)

This means interest is charged starting T+1 settlement from Buy till a day prior to actual funds being received (Monday in this case but it may change in case there is holiday between Sell date and actual fund realisation date).
Trading with MTF on Dhan is simple and convenient. The order flow for placing a trade with MTF is the same as trading or investing. Simply select MTF as order type and place the order. Once it goes through, you'll be able to view all your MTF holdings in one single screen!

Cash as well as non cash holdings can be used as collateral while placing trades via MTF. Available Funds for MTF would be your combined ledger plus pledged holdings.

Stocks bought using Margin Funding can be held for an unlimited number of days, provided you maintain the necessary margins on a daily basis. Holdings will be liquidated if holding Coverage falls below 20%.

Shares bought using MTF must be pledged in favour of your broker. Follow these steps to authorise the pledge:

1. Go to the Positions page on your Dhan app or web on or after 4 pm on trade day.
2. Here you will see an alert to “Authorise” your holdings.
3. On tapping Authorise, you will see an intermittent page reflecting the shares that you have bought using MTF.
4. On tapping “Authorise T+1 Holdings” a CDSL page will open up wherein you will need to enter the OTP received

In such a scenario, your holdings will be converted into normal holdings. Incase of insufficient balances in your account, they will be sold by our systems on T+5 working days.
Here is a list of shares that can be bought using Margin Funding.

To exit, simply select MTF as order type while selling. No separate un-pledging required.

A pledge and un-pledge charge of ₹ 12.5 /transaction / ISIN + GST each is applicable.

Yes. You can do BTST trades using MTF. However, the interest will be applicable for one day.

Note : The interest amount may change in case there is holiday between Sell date and actual fund realisation date.

MTF holdings can be liquidated by our Risk Management Systems (RMS) under the following circumstances:

1. MTF holdings have not been pledged within the cut off time.
2. When required margins are not being maintained.
3. Holding Coverage has fallen below 20%.

Example below (refering to Question no. 1):

A client had Rs. 25,000, he bought a stock of worth Rs. 1,00,000 with 4X leverage provided by Dhan.
Now, if the value of stock falls to Rs. 93,000 client will be squared off as per below formula:
Combined Ledger : -75,000
Holding Full Value: 93,000
Holding Coverage = (-75,000 + 93,000) / 93,000 = 19%
Only securities included in Group 1 stock of the exchange categorisation are available for margin funding. Our RMS further excludes certain securities if they do not meet predefined liquidity requirements.
An order placed by you may not be booked as an MTF order due the following reasons:

1. MTF holdings have not been pledged within the cut off time.
2. When required margins are not being maintained.
3. Holding Coverage has fallen below 20%.

In such cases your MTF order is converted to delivery by default. In case of insufficient funds, securities bought are sold by RMS on T+5 working days.

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*All securities mentioned on this website are exemplary and not recommendatory.

We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.

Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.

That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.

We are doing so by giving you access to not just one but 6 products within the Dhan ecosystem:


This means that with Dhan, you'll be able to start:


Lakhs of users already trust Dhan for their online stock trading and investing needs. Dhan is growing rapidly because of the love we receive from SuperTraders and Long-Term Investors who acknowledge that the platform is innovating for them, building super useful features that help them do everything from investing in stock market to trading F&O like a pro on the Tradingview charts and much more.

While we are growing, we will always remember why we started building in the first place - you. Our user-first approach will always be at the heart of our philosophy. Come join us on this incredible journey!

Try it out, you can close your account at anytime using this link.

©2021-2024 Moneylicious Securities Private Limited. All rights reserved. CIN - U74999WB2012PTC184187 Moneylicious Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
Registered Office: Office No. 14D, 4th Floor, Shri Krishna Chambers, 78, Bentick Street, Kolkata - 700001, West Bengal, India.
Corporate Office: A-302, The Western Edge I, Off Western Express Highway, Borivali East, Mumbai - 400066, Maharashtra, India. Customer Care: 9987761000.

Details of client bank account

For any query / feedback / clarifications, email at help@dhan.co.

In case of grievances for any of the services rendered by Moneylicious Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.


DHAN is a brand owned by Moneylicious Securities Private Limited. All DHAN clients are registered under Moneylicious Securities Private Limited. Clients are advised to refer to our company as Moneylicious Securities Private Limited when communicating with regulatory authorities.


Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances


Disclaimer: Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit


Attention investors:

  1. Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
  2. Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
  3. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / Moneylicious / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.


Moneylicious Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account.


Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Dhan is not a distributor or agent of any mutual fund. Mutual Funds are not exchange-traded products. Any related disputes will not have access to the Exchange-investor redressal forum or arbitration mechanism. For other disclaimers please refer https://dhan.co/advertisement-disclaimer/


Download client registration documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in vernacular language: BSE | NSE | MCX


Kindly, read the Advisory Guidelines of BSE | NSE | MCX for investors as prescribed by the exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client's assets


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