Activating MTF on FYERS Web

How to activate Margin Trading Facility (MTF) in FYERS Web?

To activate the Margin Trading Facility (MTF) on FYERS Web 1.5, follow these steps in sequence. This process is only supported on the Web 1.5 version of the FYERS platform.

  1. Enable DDPI: Ensure your Demat Debit and Pledge Instruction (DDPI) is active. If not, follow these steps to enable it.
  2. Open the order window: Log in to FYERS Web and navigate to the order placement section.
  3. Select “Try MTF”: Look for the “Try MTF” button and click on it.
  4. Review and accept terms: Carefully read the terms and conditions and provide your consent.
  5. Verify with OTP: Click “Activate with OTP” and enter the code sent to your registered mobile number.
  6. Confirmation: You’ll receive an activation confirmation within 24 working hours. After that, log out and log back in to start using MTF.

Yes, you can follow this step-by-step visual walkthrough to complete the MTF activation process:

If you do not receive the OTP:

  • Ensure your mobile number is correctly linked to your FYERS account.
  • Check for network issues or SMS delivery delays.
  • Retry the process after a few minutes.
  • If the issue persists, contact FYERS support for assistance.

    • Related Articles

    • What Is the Process to Convert an MTF Position to an Overnight Position?

      You can convert your Margin Trading Facility (MTF) position to an Overnight (CNC) position using FYERS Web or FYERS Trader. This feature is currently not available on the FYERS App. Make sure you have sufficient margin before initiating the request. ...

    • What is Margin Trading Facility (MTF)?

      Margin Trading Facility (MTF) allows you to buy stocks by paying only a portion of the trade value upfront while FYERS funds the remaining amount. It helps you take larger delivery positions with limited capital by leveraging approved stocks in your ...

    • What Is the Interest Rate for Margin Trading Facility (MTF) in FYERS?

      When you use Margin Trading Facility (MTF) at FYERS, interest is charged on the borrowed amount based on a slab-wise structure. The rate is determined by your total borrowed amount on any given day—not the trade duration—ensuring consistent and ...

    • Which Stocks Are Eligible for MTF Trading?

      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 eligibility may change depending on internal risk controls and regulatory updates. Where ...

    • How do I place an MTF order in FYERS?

      Margin Trading Facility (MTF) allows you to buy eligible stocks by paying a partial margin upfront, while FYERS funds the rest. This facility is ideal for traders who want to take delivery of shares with leverage and hold them beyond a day. MTF ...