MAGELLANIC CLOUD LIMITED (MCLOUD) - MTF Margin Comparison
Exchange: NSE · Available on 7 brokers · Updated daily
Fundamentals Snapshot
Small CapFundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.
MTF Margin Comparison - MCLOUD
MAGELLANIC CLOUD LIMITED - Complete Broker Comparison
| Parameter | Upstox | Dhan | Kotak Neo | Paytm Money | Pocketful | Anand Rathi | Share India |
|---|---|---|---|---|---|---|---|
| MTF Margin | 46.77% | 50.00% | 100.00% | 70.00% | 50.00% | 46.69% | 44.77% |
| Leverage | 2.1x | 2.0x | 1.0x | 1.4x | 2.0x | 2.1x | 2.2x |
| You Pay (per ₹1L) | ₹46,770 | ₹50,000 | ₹1,00,000 | ₹70,000 | ₹50,000 | ₹46,690 | ₹44,770 |
| Broker Funds (per ₹1L) | ₹53,230 | ₹50,000 | ₹0 | ₹30,000 | ₹50,000 | ₹53,310 | ₹55,230 |
| Interest Rate (p.a.) | 18.25% | 12.49% | 9.95% | 14.99% | 5.99% | 14.99% | 14.99% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹34.2 per lakh/day (up to ₹5L) | ~₹27 per lakh/day | slab-based | ~₹27 per lakh/day | see broker | see broker |
| Brokerage | 0.1% or ₹20/order (whichever is lower) | ₹20 per order | ₹20/order or 0.1% | ₹20/order or 0.05% | ₹20/order | see plan | plan-based |
| Pledge Charges | ₹20 per stock (one-time) | ₹30 + GST per ISIN | ₹20 + GST per ISIN | ₹20 + GST per ISIN | ₹20 + GST per ISIN | per ISIN | per ISIN |
| Max Holding Period | Unlimited | Unlimited Holding Period | No Time Limit | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | ₹1 crore (₹20L per stock) | No published limit | No published limit | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto-liquidation if margin coverage < 20% | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Share India offers the best margin of 44.77% for MCLOUD, while Kotak Neo requires 100.00% - a difference of 55.23 percentage points. This means you save ₹55,230 per ₹1 lakh invested by choosing Share India.
MCLOUD MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 MCLOUD with MTF?
Frequently Asked Questions - MCLOUD MTF
What is the MTF margin for MCLOUD?
Which broker is cheapest for MCLOUD MTF?
What interest rate do brokers charge on MCLOUD MTF?
Can I buy MCLOUD on margin?
How long can I hold MCLOUD on MTF?
What are the pledge charges for MCLOUD?
What happens if margin falls below minimum for MCLOUD?
What is the maximum borrowing limit for MCLOUD MTF?
Compare Other MTF Stocks
Compare All 2026+ MTF Stocks
Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.
About MAGELLANIC CLOUD LIMITED (MCLOUD) Margin Trading
MAGELLANIC CLOUD LIMITED (MCLOUD) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy MCLOUD shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Share India offers the best MTF margin of 44.77% for MCLOUD. This means you can buy ₹1,00,000 worth of MAGELLANIC CLOUD LIMITED shares by paying just ₹44,770, with Share India funding the remaining ₹55,230.
MTF Interest Rates for MCLOUD - Broker Comparison
The cost of holding MCLOUD 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 MCLOUD 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 MCLOUD 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 MCLOUD directly through our Scalper Terminal.