Are you looking for the best broker for margin trading in India but feeling confused by all the options? Many traders want to boost their buying power, but choosing the right broker for margin trading can be tricky. High leverage, low interest rates, and a user-friendly platform are essential for maximizing your returns and minimizing risks. In this article, we break down the top brokers for margin trading in 2025, using the latest verified data from Chittorgarh, SEBI, Forbes India, and Finology Select. We’ll show you why Upstox leads the pack and help you make an informed decision for your trading journey.
Top 7 Brokers for Margin Trading in India (2025)
| Rank | Broker | Intraday Leverage | Delivery Margin | MTF Interest Rate / Charges | Key Features (2025) |
| 1 | Upstox | Up to 5x | Up to 4x | ₹20/day per ₹40,000 borrowed | Fast MTF activation, curated stock lists |
| 2 | Zerodha | Up to 5x | Up to 1x | 0.04% per day | Reliable, low brokerage |
| 3 | Groww | Up to 4x | Up to 1x | 15.75% p.a. (up to ₹25L), 9.75% (above ₹25L) | Easy interface, affordable |
| 4 | 5paisa | Up to 5x | Up to 1x | 0.06% per day | Low-cost, tech-driven |
| 5 | Kotak Sec | Up to 4x | Up to 4x | 0.041% per day | Trusted brand, full-service |
| 6 | SAS Online | Up to 5x | Up to 4x | 0.01% intraday, 0.1% delivery | High leverage, low cost |
| 7 | Rupeezy | Up to 5x | Up to 5x | 0.03% per day | Highest delivery margin |
Upstox: The Best Broker for Margin Trading in India 2025
Why Choose Upstox for Margin Trading?
Upstox stands out as the best broker for margin trading in India in 2025 due to its competitive leverage, transparent pricing, and advanced trading tools. Here’s what makes Upstox the top pick:
- High Leverage: Up to 5x leverage for intraday trading and up to 4x for equity delivery trades, allowing you to trade more with less capital.
- Affordable MTF Charges: Only ₹20 per day for every ₹40,000 borrowed, making it one of the most cost-effective options for active traders.
- Quick Activation: Activate Margin Trading Facility (MTF) instantly with just a few clicks—no paperwork required.
- Flexible Repayment: Repay borrowed funds anytime within the allowed period (up to 365 days), giving you control over your trading cycle.
- Smart Stock Selection: Curated Smartlists and Advisor’s Pick in the Upstox app help you find high-potential stocks for margin trading, backed by SEBI-registered analyst recommendations.
- Wide Coverage: Use margin on a large selection of NSE-listed stocks, including those in the F&O segment.
- Advanced Platforms: Trade on Upstox Pro, Wealth Mode, and mobile apps with real-time analytics, charting, and one-tap order execution.
Upstox Margin Trading Facility (MTF): How It Works
With Upstox’s Margin Trading Facility, you can buy stocks by paying a fraction of the total value upfront. For example, if you want to buy shares worth ₹2,00,000, you only need to pay ₹50,000, and Upstox will fund the remaining ₹1,50,000. The interest is charged at ₹20/day for every ₹40,000 borrowed, and you can hold your MTF positions for up to 365 days.
Activating MTF on Upstox:
- Log in to your Upstox account.
- Select an eligible stock and choose “Buy via MTF.”
- Accept the terms and conditions.
- Enter the OTP to activate MTF instantly.
Key Features of Upstox Margin Trading (2025)
- Leverage: Up to 5x intraday, up to 4x delivery.
- Interest Rate: ₹20/day per ₹40,000 borrowed.
- Eligibility: Available on a wide range of stocks.
- Repayment: Flexible, up to 365 days.
- Activation: One-click, paperless process.
- Support: In-app guidance and dedicated help center.
Other Top Brokers for Margin Trading in India
Zerodha
- Leverage: Up to 5x intraday, 1x delivery.
- Interest Rate: 0.04% per day.
- Platform: Kite Web and Mobile.
- Why Choose: Reliable for active traders, competitive rates.
Groww
- Leverage: Up to 4x intraday, 1x delivery.
- Interest Rate: 15.75% p.a. up to ₹25L, 9.75% above ₹25L.
- Platform: User-friendly app.
- Why Choose: Simple for beginners, affordable for small trades.
5paisa
- Leverage: Up to 5x intraday, 1x delivery.
- Interest Rate: 0.06% per day.
- Platform: Tech-driven, app-based.
- Why Choose: Low brokerage, fast onboarding.
Kotak Securities
- Leverage: Up to 4x intraday and delivery.
- Interest Rate: 0.041% per day.
- Platform: Full-service, research-driven.
- Why Choose: Trusted bank-backed broker.
SAS Online
- Leverage: Up to 5x intraday, 4x delivery.
- Interest Rate: 0.01% intraday, 0.1% delivery.
- Platform: Low-cost, high leverage.
- Why Choose: Ideal for high-frequency traders.
Rupeezy
- Leverage: Up to 5x intraday, 5x delivery.
- Interest Rate: 0.03% per day.
- Platform: High leverage, transparent pricing.
- Why Choose: Suitable for aggressive margin traders.
Comparison Table: Best Margin Brokers in India 2025
| Broker | Intraday Leverage | Delivery Margin | MTF Interest Rate / Charges | Notable Features |
| Upstox | Up to 5x | Up to 4x | ₹20/day per ₹40,000 | Smartlists, Advisor’s Pick, fast MTF |
| Zerodha | Up to 5x | Up to 1x | 0.04% per day | Reliable, low brokerage |
| Groww | Up to 4x | Up to 1x | 15.75% p.a. up to ₹25L, 9.75% above | Beginner-friendly, affordable |
| 5paisa | Up to 5x | Up to 1x | 0.06% per day | Low-cost, tech-driven |
| Kotak Sec | Up to 4x | Up to 4x | 0.041% per day | Trusted, research-backed |
| SAS Online | Up to 5x | Up to 4x | 0.01% intraday, 0.1% delivery | High leverage, low cost |
| Rupeezy | Up to 5x | Up to 5x | 0.03% per day | Highest delivery margin |
How to Choose the Best Broker for Margin Trading
When selecting the best broker for margin trading in India, consider these factors:
- Leverage Offered: Higher leverage lets you trade larger positions with less capital.
- Interest Rates and Charges: Lower interest rates and transparent fees reduce your trading costs.
- Range of Eligible Stocks: More eligible stocks mean more trading opportunities.
- Platform Features: Look for advanced tools, curated stock lists, and easy order execution.
- Activation Process: Instant, paperless activation saves time.
- Support and Guidance: In-app support and research-backed recommendations are valuable for all traders.
Frequently Asked Questions (FAQs)
1. Which broker gives the highest margin for trading in India?
Upstox, Zerodha, 5paisa, SAS Online, and Rupeezy all offer up to 5x leverage for intraday trading.
2. What are the charges for margin trading at Upstox?
Upstox charges ₹20 per day for every ₹40,000 borrowed under the Margin Trading Facility..
3. How long can I hold margin positions at Upstox?
You can hold MTF positions for up to 365 days, with flexible repayment options.
4. Do I need a separate account for margin trading?
No, you can activate margin trading within your existing Upstox trading account.
5. What is the minimum amount required for margin trading?
You need to maintain the required margin amount as per the broker’s policy; Upstox allows you to start with as little as 25% of the trade value.
6. Is margin trading risky?
Yes, margin trading involves higher risk as both gains and losses are amplified. Use leverage responsibly and understand all terms before trading.
7. Can I use margin for all stocks?
Margin trading is available only for selected stocks, usually those listed in the F&O segment. Check the broker’s eligible stock list.
8. Does Upstox offer research support for margin trading?
Yes, Upstox provides curated Smartlists and Advisor’s Picks, backed by SEBI-registered analysts, to help you make informed decisions.
9. How do I repay my margin loan?
You can repay anytime by selling the stocks or transferring funds to your trading account.
10. Are there any hidden charges in Upstox margin trading?
Upstox maintains transparent pricing with clearly listed charges for margin trading. Always review the latest fee structure before trading.
Conclusion: Why Upstox is the Best Broker for Margin Trading in India 2025
Margin trading can be a powerful tool to amplify your returns, but only if you choose the right broker. In 2025, Upstox stands out as the best broker for margin trading in India. With up to 5x leverage, affordable and transparent charges, instant activation, and advanced trading tools—including curated stock lists and SEBI-registered analyst recommendations—Upstox gives traders the edge they need to succeed.
Ready to maximize your trading potential? Open your Upstox account today and experience the most seamless and rewarding margin trading facility in India!
