Can an MTF position be converted into delivery?

Yes, you can convert an MTF position into regular, fully-paid delivery by paying off the funded (broker-financed) portion of the position, at which point the shares are no longer held as collateral against a loan and become fully yours, free of the ongoing daily interest charge. This is a common move when you’ve decided to hold a stock longer term rather than treating it as a leveraged short-to-medium-term trade, since converting stops the interest clock and removes the margin call risk that comes with a funded position. The exact process, whether it’s a simple in-app conversion request or requires reaching out to the broker, varies by platform, but it generally just requires transferring the additional funds to cover the previously-funded amount. You calculate the total interest you’ve already paid on the MTF position before deciding to convert versus sell, since a position held under MTF for a long time might already carry enough accumulated interest cost that converting doesn’t fully undo the drag on returns.