Pledging Fixed Deposits for F&O Trading at FYERS

Is pledging my fixed deposit to trade in F&O contracts possible at FYERS?

Currently, we at FYERS don't accept Fixed Deposits for pledging to facilitate trading in Futures and Options (F&O) contracts. This policy stems from operational and reconciliation constraints. However, keeping in mind the dynamic nature of financial markets, we may reconsider and introduce this feature in the foreseeable future. Meanwhile, you can explore other securities and assets for pledging from our comprehensive list.