Can I convert an MTF position into an overnight position?
Yes. You can convert your Margin Trading Facility (MTF) position to an Overnight (CNC) position directly through the FYERS App, Web, or FYERS Trader platform — provided certain conditions are met.
Where Can I Convert MTF Positions?
You can place a conversion request on the following platforms:
- FYERS App
- FYERS Web
- FYERS Trader (Desktop Web)
Steps to Convert an MTF Position
On FYERS App
- Log in to the FYERS App.
- Navigate to Portfolio → Positions.
- Tap the stock under MTF that you want to convert.
- Tap Convert to Overnight in the quick actions menu.
- Enter the quantity and confirm.
On FYERS Web
- Log in at fyers.in/web.
- Go to Portfolio → Positions.
- Locate the MTF position you want to convert.
- Click the three-dot (⋮) menu next to the stock.
- Select Convert to Overnight.
- Enter the quantity and click Convert.
On FYERS Trader
- Log in at trade.fyers.in.
- Go to Manage Account → Positions.
- Click the Edit (✎) icon next to your MTF stock.
- Select Convert to Overnight.
- Enter the quantity and confirm.
Key Conditions for Conversion
| Condition | Requirement |
|---|
| ⏱ Conversion Window | Between 9:00 AM and 7:00 PM on trading days |
| 💼 Sufficient Margin | Your account must have enough funds to support the CNC position |
| 📦 Settlement Time | Once converted, the shares will appear under CNC holdings next working day |
Important Points to Remember
- If margin is insufficient, the conversion will be rejected.
- Requests are subject to validation by FYERS’ Risk team and processed on the next working day.
- If you sell the MTF stock before the conversion request is executed, it will be cancelled automatically.
- You will receive WhatsApp and email alerts confirming success or failure.
Common Pitfalls to Avoid
- Don’t place requests near market close without checking margin — they may not get processed.
- Don’t expect immediate conversion — holdings update on T+1 basis.
- Don’t use CNC funds elsewhere until conversion is reflected — margin mismatch may occur.
Tip: Always check your margin balance before placing a conversion request. Use the
MTF Calculator for estimates.
What if?
| Scenario | What you can do |
|---|
| You don’t have sufficient margin | The conversion request will be rejected. Add funds to your account and retry. |
| You sell the stock before conversion is processed | The request is cancelled automatically. No CNC conversion takes place. |
| You place the request after 7:00 PM or on a holiday | Conversion requests are accepted only between 9:00 AM and 7:00 PM on trading days. |
| Converted stock doesn’t appear in holdings | Converted stocks will reflect under holdings on the next working day (T+1). |
| Request is under Risk Team review | All requests are validated by the Risk team. You’ll receive WhatsApp/email confirmation once reviewed. |
| You want to know the exact steps | Follow the full process guide here. |
Important: Always verify your margin availability before placing a conversion request to avoid rejection.
Last Updated: 02 Sep 2025
Related Articles
How to convert position in FYERS?
On FYERS App Go to Portfolio → Positions from the bottom navigation. Select the position you want to convert to open the side sheet. Under Quick actions, tap Convert to Overnight/Delivery. Enter the quantity to convert. Tap Convert to confirm. On ...
What’s the difference between Intraday, Overnight, and MTF in FYERS?
When you place an order on FYERS, you must choose a product type: Intraday, Delivery/Overnight, or MTF. These options decide how long your position stays active, whether leverage applies, and how the position is squared off. Product types and how ...
How to reverse a position in FYERS?
Reverse Position lets you flip an open trade in one click. It closes your current position and simultaneously opens a new one in the opposite direction with the same quantity. Use it when your view changes and you want to switch sides instantly. ...
Which stocks are eligible, and what leverage is offered for MTF on FYERS?
FYERS offers access to over 1,400 NSE-listed stocks under the Margin Trading Facility (MTF). These stocks are selected based on SEBI and exchange guidelines and may be revised periodically depending on internal risk frameworks. Where to Check ...
How to place an Overnight/Delivery order in FYERS?
When you place an order on FYERS, you’ll see position types such as Delivery and Overnight. These decide how long you can hold the position and in which segment it applies. Delivery is used for equity delivery trades. When you buy shares in Delivery ...