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, the product type—Intraday, Overnight, or MTF—determines how long your position stays active, whether leverage applies, and how the position is squared off. Understanding these options helps you match the right product to your trading strategy.

Product types and how they work

Intraday

Designed for same-day trading, Intraday positions are squared off automatically before market close. FYERS provides up to 5x leverage based on the stock and segment.

  • All positions auto square-off before market close.
  • Leverage up to 5x (varies by segment).
  • Applicable square-off charges may apply.

Best suited for: Scalping, quick trades, and day-based strategies.

Overnight

Overnight is used for trades you intend to carry beyond the trading session. There’s no intraday leverage, and positions remain open until you close them or they reach expiry.

  • No auto square-off — you close the position manually.
  • No leverage is applied.

Best suited for: Delivery-based investing and short- to medium-term holds.

MTF (Margin Trading Facility)

MTF allows you to buy approved stocks using partial funds. We fund the remaining value, and you can hold the position beyond a single trading day. Interest is charged on the funded amount.

  • Up to 4x leverage on eligible stocks.
  • Carry the position overnight or longer.
  • Interest applies daily until you close or convert the position.

Best suited for: Swing trades and multi-day holdings with reduced capital.

Note: You must activate MTF to use it. Click here to activate MTF.

Quick comparison table

ProductSquare-offMargin ProvidedCarry OvernightLeverage
IntradayYesYes (up to 5x)NoIntraday leverage
OvernightNoNoYesNone
MTFNoYes (up to 4x)YesMargin-funded (interest charged)
Tip: Use the FYERS margin calculator to check eligible stocks, segments, and live margin requirements for each product type.

Last updated: 15 Jun 2025

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