Buy More with Less and Carry the Trade till T+5 Days
Gainn Fintech offers the Margin Trading Facility (MTF), which allows investors to take positions by providing a prescribed margin and the balance is funded by Gainn Fintech in order to meet the Client’s pay-in obligations.
Investors can create positions under Gainn’s MTF facility that can be squared off or converted to delivery on or before the specified time. That’s right you can carry forward your positions till T+5 days without paying the full amount of the position value while Gainn Fintech funds the remaining amount.
At MyGainn, we offer up to 5x leverages on 1300+ stocks (maximum in the industry).
Let’s say Manu Bhai thinks shares of ABC Ltd are going to rise exponentially in a few days, which is currently trading at ₹100 per share today.
Manu Bhai wanted to purchase 1000 shares of ABC, which requires an amount of ₹100,000 (₹100 * 1000). But he has only ₹25000 in his pocket and is worried that he will miss the opportunity.
Don’t worry Manu Bhai, you can still purchase those shares with Gainn’s Margin Trading Facility. Just pay ₹ 25000 today and the rest (₹75000) will be paid by Gainn Fintech. You can also carry your trade for T+5 days without making any additional payment.
Let’s assume, the market price rise to ₹200 in these 5 days, thus your total corpus becomes ₹200,000. While your initial investment was just ₹25000. Now Manu Bhai needs to pay ₹75000 (+ interest charges for 5 days) to the broker and keep the remaining ₹125000 in his pocket.
So, the share price got doubled (from 100 to 200), but your investment value becomes approx. 5x (from 25000 to 125000).
Gainn Fintech will allow the client to create any new position under Gainn-MTF only when the client provides the required Initial Margin. The balance obligation would be funded by Gainn Fintech and would be paid to the stock exchange to meet the client’s pay-in obligations.
In order to avoid squaring off positions, the client must ensure that the available margin is always higher than the Minimum Margin specified by Gainn Fintech. Gainn MTF is currently available for a duration of T+5 working days.
