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Ion Exchange (India) (IONEXCHANG) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 32.90% on Pocketful(3.0x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹418
PE
39.7
ROE
12.1%
ROCE
14.1%
Div Yield
0.36%
P/B
4.58
Mkt Cap
₹6,136 Cr

Fundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.

MTF Margin Comparison - IONEXCHANG

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
33.06%
Margin Required
Leverage3.0x
You Pay3,306
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
33.06%
Margin Required
Leverage3.0x
You Pay3,306
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
34.97%
Margin Required
Leverage2.9x
You Pay3,497
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
33.10%
Margin Required
Leverage3.0x
You Pay3,310
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Pocketful
32.90%
Margin Required
Leverage3.0x
You Pay3,290
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
33.06%
Margin Required
Leverage3.0x
You Pay3,306
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
33.05%
Margin Required
Leverage3.0x
You Pay3,305
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Ion Exchange (India) - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin35.00%33.06%33.06%34.97%33.10%32.90%33.06%35.00%33.05%
Leverage2.9x3.0x3.0x2.9x3.0x3.0x3.0x2.9x3.0x
You Pay (per ₹1L)35,00033,06033,06034,97033,10032,90033,06035,00033,050
Broker Funds (per ₹1L)65,00066,94066,94065,03066,90067,10066,94065,00066,950
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%18%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-basedplan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge and unpledge request per ISIN₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Pocketful offers the best margin of 32.90% for IONEXCHANG, while Upstox requires 35.00% - a difference of 2.10 percentage points.

IONEXCHANG MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital33,060
Broker funds66,940
Daily interest27
30-day cost803
Annual cost9,773
Dhan
Your capital33,060
Broker funds66,940
Daily interest23
30-day cost687
Annual cost8,361
Kotak Neo
Your capital34,970
Broker funds65,030
Daily interest18
30-day cost532
Annual cost6,470
Paytm Money
Your capital33,100
Broker funds66,900
Daily interest27
30-day cost824
Annual cost10,028
Pocketful
Your capital32,900
Broker funds67,100
Daily interest11
30-day cost330
Annual cost4,019
Anand Rathi
Your capital33,060
Broker funds66,940
Daily interest27
30-day cost825
Annual cost10,034
Bajaj Broking
Your capital35,000
Broker funds65,000
Daily interest32
30-day cost962
Annual cost11,700
Share India
Your capital33,050
Broker funds66,950
Daily interest27
30-day cost825
Annual cost10,036

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in IONEXCHANG with MTF?

If you invest
10,000
Stock value you hold30,395
Pocketful funds20,395
Margin used32.90%
If you invest
50,000
Stock value you hold1,51,976
Pocketful funds1,01,976
Margin used32.90%
If you invest
1,00,000
Stock value you hold3,03,951
Pocketful funds2,03,951
Margin used32.90%

Frequently Asked Questions - IONEXCHANG MTF

What is the MTF margin for IONEXCHANG?

Upstox: 35.00%, Zerodha: 33.06%, Dhan: 33.06%, Kotak Neo: 34.97%, Paytm Money: 33.10%, Pocketful: 32.90%, Anand Rathi: 33.06%, Bajaj Broking: 35.00%, Share India: 33.05%. The lowest margin is 32.90% on Pocketful, meaning you only need to pay ₹3290 to buy ₹10,000 worth of Ion Exchange (India) shares.

Which broker is cheapest for IONEXCHANG MTF?

For margin percentage, Pocketful offers the lowest at 32.90% (3.0x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on IONEXCHANG MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy IONEXCHANG on margin?

Yes, Ion Exchange (India) (IONEXCHANG) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold IONEXCHANG on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for IONEXCHANG?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for IONEXCHANG?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for IONEXCHANG MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Ion Exchange (India) (IONEXCHANG) Margin Trading

Ion Exchange (India) (IONEXCHANG) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy IONEXCHANG shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Pocketful offers the best MTF margin of 32.90% for IONEXCHANG. This means you can buy ₹1,00,000 worth of Ion Exchange (India) shares by paying just ₹32,900, with Pocketful funding the remaining ₹67,100.

MTF Interest Rates for IONEXCHANG - Broker Comparison

The cost of holding IONEXCHANG on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for IONEXCHANG MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding IONEXCHANG on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade IONEXCHANG directly through our Scalper Terminal.