Can I use the collateral from pledged Demat holdings for stock investments?
No, it is not permissible to use the collateral amount received from pledging your Demat holdings to purchase stocks in the Cash N Carry (CNC) segment for overnight positions. Nevertheless, you are allowed to utilise this collateral for intraday trading in stocks. Moreover, you have the option to take overnight positions in futures (both buying and selling) and sell options. It's important to note that buying options with collateral amounts is not allowed, and for this purpose, you must have the full amount available in cash.
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When will stock split reflect in my account?
When a listed company undergoes a corporate action like a stock split, the new shares will appear in your Demat account within one to two working days after the record date. Be aware that during this period, your Notional P&L for those holdings might ...
How to file a complaint against a Stock Broker?
If you're an investor or client with a grievance against your stock broker, follow this procedure: Lodge a complaint directly with the stock broker. Email us at grievance@fyers.in. Refer to the Investor grievance matrix on our contact us page for ...
How to transfer shares to your FYERS Demat Account?
If you're looking to transfer shares from your current Demat account to your FYERS account, you can do so both online and offline. Here's a step-by-step guide for both methods: Offline Share Transfer: Obtain and submit Transfer-Cum-Closure forms to ...
When will my pledged stocks be invoked at FYERS?
If, after trading with your pledged margins, your account indicates a debit balance (a negative figure), you are obligated to clear this by transferring additional cash funds. Failing to infuse the required funds will lead to our risk team invoking ...
How to unpledge my holdings in FYERS?
Unpledging your holdings with FYERS is a straightforward and online process. Here's a step-by-step guide to help you: Access the Pledge Portal: Log in to our Pledge Portal on the FYERS platform. Navigate to the 'Unpledge' Tab: Once inside the portal, ...