Upstox Launches the High-speed Margin Trading Facility (MTF) as Fast as in 10 seconds

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Press Trust of India MUMBAI
Last Updated : Jan 22 2019 | 5:21 PM IST

/ -- The fastest MTF facility simplifies the cumbersome registration process and makes it the most convenient in the industry with instant activation, zero subscription fee & low interest rates
Traders and investors can get 50% with up to Rs. 5,00,000 of their margin funded at low interest rates easily and on the go by clicking on the Upstox MTF link from their laptops or cellphones
Elaborating on the reasons for launching the MTF facility, Ravi Kumar, Founder and CEO, Upstox, said: "People often miss out on golden opportunities in the market and are forced to exit their holdings for want of funding, especially in volatile market conditions like in the present. Our recent data has shown that almost 50 per cent of the traders, who buy shares and hold them, sell these shares within just 30 days. With more and more retail investors coming into the markets now, we realised there was a need for a MTF product which could be easily and instantaneously accessed from laptops or cellphones of investors to enable them to grab more opportunities."

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First Published: Jan 22 2019 | 5:20 PM IST

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