Banking News – Capital Max Securities Limited (Broker No. 62) is set to bring “Smart Margin Trading Facility” into operation at an annual interest rate of 7.99 percent. According to a press release issued by the company, through this facility, customers can obtain additional investment capacity based on their available equity. The company has put forward margin trading as a financial facility that increases customers’ purchasing capacity and enables effective utilization of available capital.

According to the company, under the margin trading facility, a financial limit of Rs 10 lakh to Rs 5 crore will be available. Customers must maintain a minimum margin of 30 percent, while financing of up to a maximum of 70 percent will be provided within the limit approved by the broker company.

The tenure of margin trading will be from 1 to 3 months. The company has stated that a 0.25 percent service fee will be charged on this facility. The company has stated that financial facilities can be obtained through a margin account, and interest will be charged only on the amount actually used, not on the entire approved limit.

According to Capital Max, this facility, available at an interest rate of 7.99 percent, will help investors expand their purchasing capacity with low initial capital. However, the company has stated that since there is market risk in margin trading, investors must make decisions keeping in mind their risk-bearing capacity and investment objectives. The company has clarified that the facility will be operated according to prevailing rules, regulatory arrangements, approved limits, and related terms of the company.