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 Margin Trading Facility (MTF)?

      Margin Trading Facility (MTF) lets you buy stocks by paying only a portion of the total trade value upfront. The remaining amount is funded by us. This feature enables you to take larger delivery positions with limited capital by leveraging approved ...

    • What is the interest rate for Margin Trading Facility (MTF) in FYERS?

      If you’re using Margin Trading Facility (MTF), it’s important to understand how interest is charged on your borrowed amount. We apply a slab-wise interest rate based on your total borrowed amount on any given day. This structure ensures transparency ...

    • Which stocks are eligible for MTF trading?

      The list of eligible stocks for MTF includes 1400+ stocks from NSE. A detailed list of these stocks and their corresponding leverage options can be found on the MTF page within the FYERS App or on our website, alongside the MTF Margin calculator, ...

    • What's the maximum amount I can invest using MTF?

      You can borrow up to ₹50 lakh (effective from 2nd June 2025) using the Margin Trading Facility (MTF) at FYERS. This limit allows you to take larger delivery positions by pledging approved stocks while managing your risk within predefined exposure ...

    • What are the pledge charges on MTF?

      At FYERS, the following charges apply for MTF (Margin Trading Facility) transactions: Pledge Request: ₹12 per transaction Unpledge Request: ₹12 per transaction These charges are standard for each transaction and help you plan the costs involved in ...