At tradeplus you can get your delivery trades funded ! How? – tradeplus launched the Margin Trading facility to enhance the buying power of traders who want the ability to invest more while having limited cash on hand.
Margin Trading is essentially buying stocks by partly putting in your own money and the rest being funded by the us. As a result you can buy larger quantity of stock with the same amount of money, as opposed to normally buying them by paying the entire value of the stock.
You can get a leverage of upto 4 times for certain stocks. Check out the margins for different stocks here.
Lets get this clear: Imagine you want to buy stocks worth Rs. 2,00,000, but you have only Rs. 50,000, you can still enter position for stock worth full Rs. 2,00,000, by paying the Rs. 50,000 you have and taking leverage from tradeplus for the rest of the Rs. 1,50,000. You can carry this position beyond 7 days. Interest will be charged on the funded amount/Debit amount.
Whats more is that the Rs. 1,50,000 to be funded by you can be in the form of stocks and not necessarily cash. This also ensures that your idle stocks are put to better use. View the stocks accepted as collateral here
No time to waste, existing clients can activate the MTF segment on your trading account itself and there is no need to open a separate trading account. It is added as a separate segment – MTF segment.
For people new to tradeplus, you do not need to pay any extra charges for opening trading account with MTF segment activated.
Once activated you can use MTF segment option in NEST as well as INFIN Trading Solution (ITS) trading platforms.
To know more about the benefits of MTF, check out our webpage and leave your details for our MTF agent to give you a call. You can go through our FAQs page here
You can contact us on 044-49427575- or 9710026162 for enrolling MTF Product. Or write to us at Support@tradeplusonline.com