Xchanging Solutions Ltd (XCHANGING) - MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 32.25% on Anand Rathi(3.1x leverage)

Fundamentals Snapshot

Fundamentals updated 6 JulSmall Cap

CMP

₹63.7

11.9

ROE

15.8%

ROCE

18.0%

Div Yield

3.14%

P/B

1.79

Mkt Cap

₹708 Cr

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

MTF Margin Comparison - XCHANGING

Kotak Neo

100.00%

Margin Required

Leverage1.0x

You Pay₹10,000

You Get₹10,000

Interest9.69% p.a.

Max HoldNo Time Limit

BEST

Anand Rathi

32.25%

Margin Required

Leverage3.1x

You Pay₹3,225

You Get₹10,000

Interest14.99% p.a.

Max HoldUnlimited

Share India

32.26%

Margin Required

Leverage3.1x

You Pay₹3,226

You Get₹10,000

Interest14.99% p.a.

Max HoldUnlimited

Xchanging Solutions Ltd - Complete Broker Comparison

Parameter	Kotak Neo	Anand Rathi	Share India
MTF Margin	100.00%	32.25%	32.26%
Leverage	1.0x	3.1x	3.1x
You Pay (per ₹1L)	₹1,00,000	₹32,250	₹32,260
Broker Funds (per ₹1L)	₹0	₹67,750	₹67,740
Interest Rate (p.a.)	9.69%	14.99%	14.99%
Daily Interest Cost	~₹27 per lakh/day	see broker	see broker
Brokerage	₹20/order or 0.1%	see plan	plan-based
Pledge Charges	₹20 + GST per ISIN	per ISIN	per ISIN
Max Holding Period	No Time Limit	Unlimited (maintain margins)	Unlimited (maintain margins)
Max Borrowing Limit	No published limit	No published limit	No published limit
Auto Square-Off	Auto square-off on margin shortfall	Auto square-off on margin shortfall	Auto square-off on margin shortfall

Anand Rathi offers the best margin of 32.25% for XCHANGING, while Kotak Neo requires 100.00% - a difference of 67.75 percentage points. This means you save ₹67,750 per ₹1 lakh invested by choosing Anand Rathi.

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

Kotak Neo

Your capital₹1,00,000

Broker funds₹0

Daily interest₹0

30-day cost₹0

Annual cost₹0

Anand Rathi

Your capital₹32,250

Broker funds₹67,750

Daily interest₹28

30-day cost₹835

Annual cost₹10,156

Share India

Your capital₹32,260

Broker funds₹67,740

Daily interest₹28

30-day cost₹835

Annual cost₹10,154

* 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 XCHANGING with MTF?

If you invest

₹10,000

Stock value you hold₹31,008

Anand Rathi funds₹21,008

Margin used32.25%

If you invest

₹50,000

Stock value you hold₹1,55,039

Anand Rathi funds₹1,05,039

Margin used32.25%

If you invest

₹1,00,000

Stock value you hold₹3,10,078

Anand Rathi funds₹2,10,078

Margin used32.25%

Frequently Asked Questions - XCHANGING MTF

What is the MTF margin for XCHANGING?

Kotak Neo: 100.00%, Anand Rathi: 32.25%, Share India: 32.26%. The lowest margin is 32.25% on Anand Rathi, meaning you only need to pay ₹3225 to buy ₹10,000 worth of Xchanging Solutions Ltd shares.

Which broker is cheapest for XCHANGING MTF?

For margin percentage, Anand Rathi offers the lowest at 32.25% (3.1x 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 XCHANGING 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 XCHANGING on margin?

Yes, Xchanging Solutions Ltd (XCHANGING) is available for Margin Trading Facility (MTF) on Kotak Neo, Anand Rathi, 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 XCHANGING 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 XCHANGING?

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 XCHANGING?

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 XCHANGING 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.

Compare Other MTF Stocks

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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.

Browse All Stocks MTF Comparison Table

About Xchanging Solutions Ltd (XCHANGING) Margin Trading

Xchanging Solutions Ltd (XCHANGING) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Kotak Neo, Anand Rathi, Share India. MTF allows you to buy XCHANGING shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Anand Rathi offers the best MTF margin of 32.25% for XCHANGING. This means you can buy ₹1,00,000 worth of Xchanging Solutions Ltd shares by paying just ₹32,250, with Anand Rathi funding the remaining ₹67,750.

MTF Interest Rates for XCHANGING - Broker Comparison

The cost of holding XCHANGING 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 XCHANGING 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 XCHANGING 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 2012+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade XCHANGING directly through our Scalper Terminal.