Hi @Pranita …I could see MTF option with 2x for me…could you please confirm whether it is enabled for me or not?..so that i can get back to Dhan.
Hi @PAvan2 Welcome to Made for Trade community.
Well, you will have to make a transaction and check if MTF is enabled. If you had been trading earlier via MTF on Dhan - then high chances it may be enabled for you.
my mtf service is on or off
MTF is on for most clients. 2x is the standard exposure now, but for some scrips, for some clients, you might see 4x also.
@PravinJ is there any ceiling on mtf. My MTF trades are getting rejected every alternate days.
Hi @tkrahoof
As discussed, we enable users to trade in the margin trading facility (MTF) with a margin of 15 lakh per day per user. If you face any other issues while placing a trade in MTF, please provide us with your registered details real time via (DM) so that we can check.
Hi @Divyesh ,
The cap of 15L for MTF is for MTF portfolio alone or as a whole. For eg, if we have a delivery portfolio of 9L and MTF portfolio of 5L, amounting to a total of 14L, can I still place additional MTF trades for 10Lor just 1L. Please clarify.
Thanks.
It is written on your app that four times margin in MTF but we are not getting four times margin.
When we get 4× margin
Please tell us when वे will get four times margin, otherwise stop saying this on your website. and remove it from there.
@2003 They may have reduced the leverage to 2x but they adjust the haircut accordingly which is around 25% or less… which means… you might have paid 2x but after settlement you’ll be enjoying 4x funded margin… and extra funds gets credited back to your account on the next working day. So… yeah they are actually providing 4x leverage one way or another.
Non-bank brokerages are expected to be under funding pressure for another 6 months or so. They borrow the money and re-lend it for MTF, however the borrowing conditions continue to be tight.
If MTF of 4x is your primary concern, one can look at bank brokerages (3-in-1 account) or large NBFC brokerages such as Bajaj Broking or Mirae Asset.
Small brokerages such as Dhan are expected to be back to normal 4x in another 6 months or so.
I am not able to get Margin benefits.Why? Till now I have only used my funds.Now that I am going to pledge,it’s showing instant margin benefit as 0? Why so?
Also how come no one answers on the customer support chat? Like literally feels like you are chatting with yourself with no reply for an hour.
Hi @Animesh_Mukherjee, we request you to please share your registered details in DM so that we can check and assist you accordingly.
I DMed you many times regarding error in charts. Got no response there. Could you please let me know, whether you have seen those messages?