What happens to my stocks after pledging at FYERS?
When you decide to pledge your stocks, they are not transferred to FYERS but rather sent to the exchange. Consequently, the exchange releases the margin corresponding to these stocks. FYERS, on its part, credits the pledge margins to your trading account. This ensures that your stocks are safe and in the custody of the regulated exchange.
For a quick guide on how to pledge your stocks, kindly refer to this article.
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