If I’ve given a POA, do I need DDPI for MTF trading?
No additional DDPI is required if you’ve already provided a Power of Attorney. This makes accessing MTF services smoother, without the need for further documentation.
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How to activate Margin Trading Facility (MTF) in FYERS Web?
To activate the Margin Trading Facility (MTF) in FYERS Web (available only on Web 1.5 Version), follow these steps: Enable DDPI: Ensure that the Demat Debit and Pledge Instruction (DDPI) is enabled before proceeding. If you haven't enabled DDPI yet, ...
Which stocks are eligible for MTF trading?
The list of eligible stocks for MTF includes 900 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, ...
How do I activate DDPI for my account on FYERS?
Activating DDPI (Demat Debit and Pledge Instruction) on your FYERS account is a straightforward process. Here are the steps you need to follow: Start by logging into My Account on the FYERS platform, click on your profile and select 'Manage Account.' ...
What is Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) is a service that allows you to buy shares by only paying a part of the total value upfront, called the initial margin. The remaining amount is funded by FYERS.For instance, if you want to purchase shares of a company ...
What are the charges for activating DDPI?
Activating DDPI (Demat Debit and Pledge Instruction) on your FYERS account involves a one-time fee of ₹150. This fee is charged to cover the costs associated with the process, including procuring the stamp paper and other operational expenses. The ...