What happens if I exceed the turnover limi

What happens if I exceed the turnover limit?

At FYERS, we maintain risk control measures to ensure a stable trading environment for all users. One such measure is the daily turnover cap. If your total trading turnover exceeds ₹15,000 Crores in a single trading day across all segments, your orders will be automatically rejected.

Definitions: Understanding the Turnover Limit

The ₹15,000 Crores turnover limit applies per client across all segments and exchanges on a daily basis. Turnover includes the total value of all executed buy and sell orders in:

  • Equity
  • Futures & Options (F&O)
  • Currency
  • Commodity

Turnover = Total of all Buy + Sell trade values executed during the day

Example Scenario

Let’s break it down with a real-world example:

  • Mr. X buys Nifty options worth ₹6,000 Cr
  • Later, he sells the same options for ₹6,200 Cr
  • He then buys Bank Nifty futures worth ₹1,600 Cr
  • And sells them for ₹1,700 Cr

Total turnover = ₹6,000 + ₹6,200 + ₹1,600 + ₹1,700 = ₹15,500 Cr

Since the total exceeds ₹15,000 Cr, FYERS’ Risk Management System (RMS) will block any further order placements for that client on the same day.

Consequences

  • You can’t place or exit trades for the rest of the trading day

Next steps in FYERS

If your orders are rejected due to exceeding the turnover limit:

  • To request a one-time exception or review, contact:
  • Call & Trade Desk: 080-6000-1111 (Available 9:00 AM – 11:55 PM)
  • Email: [email protected]

What if…

ScenarioOutcome
I only exceed turnover after market closeOrders for the next day will not be blocked. Limits reset daily.
My turnover is close to the limit—how can I monitor it?Regularly track your executed order value using the FYERS order book and trade reports.
I need a higher limit for institutional tradingWrite to [email protected] with justification. Approvals are on a case-by-case basis.
My trades were part of algo execution—can I get a relaxation?RMS treats all clients equally. Requests can be reviewed by writing to [email protected].

Tip: Keep track of both buy and sell values when calculating turnover—both sides are included in the total.

Last updated: 24 Jun 2025