I have a balance in my ledger, but I am unable to place withdrawal?
This will happen if you have closed the derivative position or if you have sold the equities. You can only withdraw the funds after T+1 days in case of Derivatives (FNO/CDS/MCX) and T+2 days in case of equity. This is because Exchanges in India follows the rolling settlement.
Why is the withdrawal request is being rejected?
You could have requested the payout higher than the balance available, or you have sold shares or made profits, that can be withdrawn only after T+2 days in case of Equities or T+1 day in case Derivatives (FNO/CDS/MCX) respectively. Note – If you are ...
How much time does it take to process the withdrawal request NSE/MCX?
Withdrawal requests that have been placed before 6:30 AM will be processed and get credited to your bank account during the same day whereas withdrawal requests that have been placed after 6:30 AM will be processed during the next working day. Note: ...
Why is the money added doesn’t reflect in Trading account ledger?
During market hours if you have transferred the funds using a payment gateway, funds will reflect immediately in Fyers Trading Account. NEFT/RTGS/IMPS/UPI, it may take 2+ hours depending on the kind of Transaction and Bank. Note: This will be posted ...
Do I receive the Email confirmation for the payouts are processed/rejected?
Yes, you will receive the mail confirmation that your withdrawal processed successfully. If your payout is rejected due to ‘No Clear Balance’, you will not be notified through the mail. You can check the status of your payout by writing to ...
How do I withdraw funds using a Trading Account?
All the withdrawal requests need to be placed from the My Account dashboard. Below are the steps to place a withdrawal request in Fyers. 1. Go to My Account Dashboard (If you’ve already logged in to FYERS Web then you’ll automatically be logged in) ...