Collateral margin usage is subject to exchange-approved instruments, applicable haircuts, margin requirements, the required cash-to-collateral ratio, and FYERS risk policies.
FYERS does not currently accept Fixed Deposits (FDs) for pledging due to operational and reconciliation constraints. This may be reconsidered in the future.
You can pledge a wide range of exchange-approved instruments, such as:
For the complete and updated list of approved securities and applicable haircuts, refer to the FYERS approved pledgeable securities list.
| Scenario | Resolution |
|---|---|
| I tried to buy delivery stocks using collateral margin | This is not allowed. For equity delivery trades, you must use available cash funds. |
| I want to buy options using collateral margin | Option buying is allowed using collateral margin, subject to available margin after haircut, applicable margin requirements, and the required cash-to-collateral ratio. |
| I pledged ETFs or liquid mutual funds. Can I use the margin for F&O? | Yes. After the applicable haircut, the released margin can be used for eligible F&O trades, including futures, option writing, and option buying. |
| Can I pledge Fixed Deposits (FDs) as collateral? | No. FYERS does not currently accept FDs for pledging. You can pledge eligible stocks, ETFs, G-Secs, mutual funds, or other approved instruments instead. |
| My order was rejected even though I have pledged holdings | Check whether the pledged security is approved, whether the margin is available after haircut, and whether the required margin conditions, including the cash-to-collateral ratio, are met for the trade. |
Last updated: 08 Jun 2026