Can an NRI pledge shares to trade in F&O with FYERS?
Yes, NRIs trading in the Futures & Options (F&O) segment at FYERS through a custodial setup with Orbis Financial can pledge shares to receive trading margins. Although the pledging isn’t processed directly through FYERS platforms, it is fully supported via a third-party route in collaboration with Orbis.
How Orbis-based pledging works?
- Shares remain in your Demat account and are pledged in favour of Orbis Financial Corporation Ltd.
- Orbis sends a margin confirmation file to FYERS.
- FYERS updates your available F&O margin based on this file.
- Pledged shares will not appear on the FYERS trading platform.
Is pledging done within FYERS?
No. Pledging is handled externally through Orbis Financial. FYERS only reflects the margin benefit after receiving confirmation from Orbis.
How to pledge shares via Orbis Financial?
- Your FYERS Demat account number
- ISIN(s) and approximate share value
- Leave PRF Number and Date blank
- Enter personal and Demat account details
- Add Orbis’ Demat account details
- Fill ISIN, company name, quantity, pledge value
- Sign as per FYERS account records
Step 3: Submit PRF to FYERS
- FYERS will issue an acknowledgment letter
- You then forward this to Orbis for re-pledging
Step 4: Post-submission
- Orbis sends a limit file to FYERS
- FYERS updates your trading margin accordingly
Where to get pledgee details?
Email [email protected] or [email protected] for Orbis account details and agreement number.
What if...
| Issue | Resolution |
|---|
| PRF is rejected | Verify all fields are filled correctly and signature matches FYERS records |
| Shares don’t show on FYERS | Normal — they remain in your Demat and are tracked by Orbis |
| Margin isn’t updated | Wait for Orbis to dispatch the margin file; contact them if delay continues |
For the most seamless pledging experience, ensure accurate PRF documentation and timely communication between FYERS and Orbis Financial.
Last updated: 25 Jun 2025
Related Articles
Can NRIs trade in the F&O segment?
Yes, Non-Resident Indians (NRIs) can actively participate in Equity Futures & Options (F&O) trading in India—provided they hold an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS is among the select few brokerages that enable NRIs to ...
Can NRIs trade in both equity delivery and F&O with a same account?
Yes, Non-Resident Indians (NRIs) can trade in both Equity Delivery and Futures & Options (F&O) using a single NRO Non-PIS (Non-Portfolio Investment Scheme) account at FYERS. This setup eliminates the need to maintain multiple accounts for different ...
Who issues the contract note for NRO F&O trades?
For Non-Resident Indian (NRI) clients trading in the Futures & Options (F&O) segment using an NRO Non-PIS account, FYERS is responsible for issuing the contract note. This note serves as the official trade confirmation for all F&O transactions ...
How does TDS work for NRI accounts at FYERS?
TDS (Tax Deducted at Source) for NRI accounts at FYERS is processed in accordance with Indian income tax laws. FYERS ensures compliance by deducting TDS on capital gains arising from the sale of securities, following a systematic two-step settlement ...
Does FYERS offer reduced brokerage for high-volume NRI traders?
At FYERS, we believe in fairness, transparency, and equal treatment for all our clients—including Non-Resident Indians (NRIs). That’s why we maintain a consistent brokerage policy regardless of trading volume or account value. Brokerage policy for ...