What’s the difference between Intraday, Overnight, and MTF in FYERS?

What’s the difference between Intraday, Overnight, and MTF in FYERS?

When you place an order on FYERS, you must choose a product type: Intraday, Delivery/Overnight, or MTF. These options decide how long your position stays active, whether leverage applies, and how the position is squared off.

Product types and how they work

Intraday: Designed for same-day trades. All positions are auto squared-off 15 minutes before market close if not closed manually. FYERS provides up to 5x leverage depending on stock/segment. Square-off charges may apply.

  • Auto square-off occurs 15 minutes before market close.
  • Leverage up to 5x (varies by stock/segment).
  • Square-off charges may apply.

Learn more: What is the Intraday option in FYERS?

Delivery / Overnight: Delivery is available for equities and ETFs, where shares are delivered to your Demat and can be held indefinitely. Overnight is available for F&O, allowing you to carry forward positions beyond the day. No intraday leverage is provided. No auto square-off; positions remain until you exit or at expiry.

  • Delivery available for equities and ETFs.
  • Overnight available for F&O positions.
  • No intraday leverage is applied.
  • No auto square-off.

How to place: Overnight/Delivery order on FYERS

MTF (Margin Trading Facility): Available only for equities & ETFs. You can buy approved stocks with up to 4x leverage across 1600+ securities. You fund part of the value, FYERS funds the rest. Positions can be carried overnight and beyond. Interest is charged daily on the funded amount. Activation required.

  • Up to 4x leverage on eligible stocks.
  • Carry positions overnight or longer.
  • Daily interest on funded amount.
  • Activation needed before use.

Interest slabs: MTF interest rate
How to place: MTF order on FYERS

Quick comparison table

ProductSquare-offMargin ProvidedCarry ForwardLeverage
IntradayAuto square-off 15 min before closeYes (up to 5x)NoIntraday leverage
Delivery / OvernightNo auto square-offNoYesNone
MTFNo auto square-offYes (up to 4x)YesMargin-funded (interest charged)

Where do they appear in the order panel?

  • FYERS App: Delivery tab for equities & ETFs, Overnight tab for F&O, MTF tab for eligible stocks.
  • FYERS Web & Trader: Overnight shown for both Equity and F&O. Delivery separation (as in App) will be rolled out to Web soon. MTF available on eligible stocks after activation.

Key notes

  • Intraday positions are auto squared-off 15 minutes before close.
  • Delivery is only for equities/ETFs. Overnight is only for F&O.
  • MTF is only for equities/ETFs and carries daily interest.
  • Check margins and eligibility in the FYERS Margin Calculator.

Last updated: 17 Sep 2025

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