Can I Convert an MTF Position Into an Overnight Position?

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, FYERS Web, or FYERS Trader. At FYERS, we allow you to place a conversion request whenever the required conditions are met, so you can seamlessly shift your MTF positions to CNC based on your trading needs.

Where Can I Convert MTF Positions?

You can place a conversion request on the following platforms:

Steps to Convert an MTF Position

On FYERS App

  1. Log in to the FYERS App.
  2. Navigate to Portfolio → Positions.
  3. Tap the MTF stock that you want to convert.
  4. Tap Convert to Overnight in the quick actions menu.
  5. Enter the quantity and confirm.

On FYERS Web

  1. Log in at fyers.in/web.
  2. Go to Portfolio → Positions.
  3. Find the MTF position you want to convert.
  4. Click the three dot (⋮) menu next to the stock.
  5. Select Convert to Overnight.
  6. Enter the quantity and click Convert.

On FYERS Trader

  1. Log in at trade.fyers.in.
  2. Go to Manage Account → Positions.
  3. Click the Edit (✎) icon next to your MTF stock.
  4. Select Convert to Overnight.
  5. Enter the quantity and confirm.

Key Conditions for Conversion

ConditionRequirement
Conversion WindowYou can convert between 9:00 AM and 7:00 PM on trading days.
Sufficient MarginYour account must have enough funds to support the CNC position.
Settlement TimeOnce converted, the shares will reflect under CNC holdings on the next working day.

Important Points to Remember

  • If your margin is insufficient, the conversion request will be rejected.
  • All requests are validated by our Risk Team and processed on the next working day.
  • If you sell the MTF stock before your conversion request is executed, the request will be cancelled automatically.
  • You will receive WhatsApp and email notifications once the conversion succeeds or fails.

Common Pitfalls to Avoid

  • Do not place requests near market close without checking your margin, as they may not get processed.
  • Do not expect holdings to appear immediately, since updates happen on a T+1 basis.
  • Do not use the required CNC funds elsewhere until the conversion is reflected, to avoid margin mismatch.
Tip: Always check your margin balance before placing a conversion request. Use the MTF Calculator to estimate your requirement.

What if...

ScenarioWhat You Can Do
You do not have sufficient marginThe conversion request will be rejected. Add funds and try again.
You sell the stock before the conversion is processedThe request is cancelled automatically.
You place the request after 7:00 PM or on a holidayRequests are accepted only between 9:00 AM and 7:00 PM on trading days.
Converted stock does not appear in holdingsConverted stock reflects on the next working day (T+1).
Request is under Risk Team reviewOur Risk Team validates your request. You will receive WhatsApp and email updates once it is reviewed.
You want a detailed step-by-step guideFollow the complete process guide here.
Important: Always check your margin availability before placing a conversion request to avoid rejection.

Last Updated: 18 Nov 2025

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