The daily rate follows your total FYERS borrowing
FYERS currently publishes 0% up to ₹1,000, then 16.49%, 15.49%, 14.49% and 12.49% p.a. across higher borrowing slabs. One applicable slab rate is used for the full borrowed amount for that day.
For FYERS TradersMTF trading journal for fyers traders
See real profits, after all MTF costs
QbarTrade → MTF costs + fees + actual net P&LBreaks down interest, fees and other trade costs to show what you actually take away.
Broker → Position + P&LExecutes & displays the position and shows gross P&L.
QbarTrade view
Shows Net P&L after MTF costs
ATHERENERGLong
Net Qty: 240NSE 1,412.00 +24.50 (1.77%)
Gross P&L
Rs8,400.00Total fees
Rs254.37MTF interest
Rs1,340.73MTF Interest (Broker)Broker
Rs1,340.730.04% • 57 days
P&L (After all charges)Net
Net P&L (After fees & MTF interest)
Rs6,804.90Impact
18.99%MTF charges and Net P&L shown upfront.Track true profit after funding cost.
Broker view
Shows Gross P&L only
ATHERENERGFYERS
NSE 1,412.00 +24.50 (1.77%)Event
Investment
Invested89,300
P&L+8,400.00
Qty.100
Avg. price.Rs893.00
Avg Exit PriceRs977.00
Shows only gross P&L.MTF interest & charges hidden.
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How it works
FYERS MTF: slab-wise interest, funded amount and dynamic leverage
FYERS Margin Trading Facility lets you buy approved delivery stocks using your margin plus broker-funded capital. Unlike a single flat MTF rate, FYERS uses interest slabs based on your total borrowed amount for each day, so the financing rate can change as your overall MTF borrowing changes.
Interest accrues daily but appears weekly
The financing cost is calculated each day on the funded amount, while FYERS posts accumulated MTF interest to the ledger weekly. That makes holding-day tracking useful even before the next ledger entry appears.
Up to 4× does not mean every stock gets 4×
FYERS currently lists 1,600+ MTF-eligible stocks with up to 4× leverage and MTF exposure up to ₹50 lakh. Actual leverage remains stock-specific and can change with risk conditions.
FYERS MTF rates, eligibility, leverage and charges can change. Confirm current broker terms before placing a funded trade.
The blind spot
Why FYERS MTF cost is not just a per-trade interest number
FYERS shows the information you need across its MTF tools, Funds, ledger and contract notes. The journaling challenge is that the financing rate depends on account-level borrowing, the cost accrues daily while ledger posting is weekly, and stock leverage can change after entry.
Your interest slab is driven by total borrowing
The rate is not selected separately for every trade. FYERS checks the total borrowed amount for the day and applies one slab to that borrowed balance. Adding, closing or converting an MTF position can therefore change the financing context for the account.
Daily cost and weekly ledger posting happen on different clocks
A position keeps accumulating financing cost while it remains funded, even though FYERS posts the consolidated MTF interest to the ledger weekly. Looking only at the latest ledger line can therefore understate the carry already building on an open trade.
Leverage and eligibility can change while you still hold
FYERS states that stock eligibility and leverage are dynamic. If a stock becomes ineligible, you may need to square off or convert it to delivery. If leverage falls to 1×, the full position may need to be funded from your own balance.
The fix
Journal FYERS MTF with the funding context attached to each position
QbarTrade helps keep the trade and its financing context together: your own capital, FYERS-funded amount, applicable slab, holding days, leverage changes and final costs. That gives you a cleaner review than comparing an entry and exit price without the cost of borrowed capital.
Record FYERS-funded capital at position level
Keep your contribution and broker-funded amount separate for every MTF position. Then the trade can be reviewed using the financing actually used instead of reconstructing leverage from trade value after the fact.
Keep holding days and slab changes visible
A FYERS MTF journal should show how long the position remained funded and what borrowing context applied while it was open. Holding period and slab movement are part of the economics of the trade, not separate bookkeeping.
Review P&L after interest and MTF charges
Interest, brokerage, pledge or unpledge costs, DP charges and other applicable fees can all reduce a profitable price move. Review the strategy using the amount left after those costs.
Using it well
Three FYERS MTF checks worth adding to every funded trade review
FYERS gives you flexible funded delivery positions, but its slab model and dynamic leverage make account context important. These checks help turn MTF cost, leverage and holding decisions into journal data you can compare across trades.
Check total borrowed amount before scaling another MTF trade
Because FYERS chooses the daily slab using total borrowing, adding another funded position can change the applicable rate for the account. Record the total funded balance when you increase or reduce exposure.
Reconcile the journal with the weekly FYERS ledger entry
FYERS currently consolidates daily MTF interest into a weekly ledger posting. Keep a running financing estimate while the trade is open, then reconcile it with the broker ledger and contract-note charges.
Log leverage reductions and delivery conversion as trade events
A leverage reduction, eligibility change or MTF-to-delivery conversion changes capital usage and financing. Record the date, reason and new margin requirement so the final review reflects how the trade actually evolved.
FAQ
FYERS MTF interest, charges, leverage and journaling questions
What is FYERS MTF?
FYERS MTF, or Margin Trading Facility, lets you buy eligible delivery stocks by paying part of the trade value while FYERS funds the remaining amount. The funded portion carries interest, and the position can be carried forward subject to margin, eligibility and risk requirements.
What is the FYERS MTF interest rate?
FYERS currently uses slab-wise MTF pricing. Funding up to ₹1,000 is interest-free; the published slabs are 16.49% p.a. for ₹1,000.01–₹1 lakh, 15.49% p.a. for ₹1 lakh–₹10 lakh, 14.49% p.a. for ₹10 lakh–₹25 lakh, and 12.49% p.a. above ₹25 lakh. The applicable slab is checked against the total borrowed amount for that day.
How is FYERS MTF interest calculated?
Interest is calculated daily on the amount funded by FYERS. One slab rate applies to the total borrowed amount for that day, so the cost depends on your daily funded balance, the applicable interest slab and the number of days the funding remains outstanding.
When does FYERS post MTF interest to the ledger?
FYERS calculates MTF interest daily but posts it to the ledger weekly as a consolidated entry. FYERS currently states that the weekly cycle runs from Wednesday through Tuesday, with the accumulated interest posted at Tuesday end of day.
What are the main FYERS MTF charges?
Current FYERS MTF costs include slab-wise interest on the funded amount, brokerage of ₹20 or 0.3% per executed order, whichever is lower, MTF pledge and unpledge charges of ₹12 + GST each, DP debit charges of ₹12.50 + GST per scrip when applicable on sell transactions, plus statutory and regulatory charges.
How much leverage does FYERS MTF provide?
FYERS currently advertises up to 4× MTF leverage across 1,600+ eligible NSE-listed stocks. Actual leverage is stock-specific and can change with liquidity, volatility, exchange requirements and FYERS risk rules.
Where can I check FYERS MTF eligible stocks and margin?
FYERS provides an MTF Stocks List and an MTF Calculator where traders can check whether a stock is eligible, the applicable margin, leverage, funded amount, estimated interest, charges and potential return before placing the trade.
What happens if FYERS changes the leverage on an open MTF stock?
A leverage change can increase the amount of your own capital required for the same position. If leverage is reduced to 1x, FYERS funding is no longer available for that stock and the full position value may need to be maintained from your own funds. Insufficient funds can lead to risk action or square-off.
Can an FYERS MTF position be converted to delivery?
FYERS supports converting eligible MTF positions to delivery when the required conditions and available funds are met. This matters for journaling because converting the position changes the funding context and stops the trade from being evaluated as the same leveraged position.
What should an FYERS MTF trading journal track?
Track trade value, your own margin, FYERS-funded amount, the daily interest slab, holding days, leverage, brokerage, pledge or unpledge costs, DP charges, margin changes and final net P&L. That makes it possible to judge the funded trade after financing rather than from gross price movement alone.
FYERS MTF journal
Review FYERS MTF after the cost of funding, not before.
Keep funded amount, interest slab, leverage, holding days, charges, notes and net P&L in one MTF review.
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