Which bank account do I need to transfer the funds NSE/MCX?

• Related Articles

• How do I add funds/money instantly to my trading account using UPI?

  Transferring funds using UPI is quite simple; we have described the steps involved in the process below. Also, the process remains the same for the mobile App. To understand how to transfer funds, refer to the GIF below: For the step-by-step ...

• Can I transfer the funds from my friends/relative’s bank account?

  No, SEBI regulations mandate that only a bank account in your name can be linked to your trading account, so you are required to transfer the funds from bank accounts that are linked to your trading account.

• Can I transfer the funds from the unregistered/unmapped bank account?

  No, SEBI rules mandate that you are required to transfer the funds from bank accounts that are linked to your trading account. If you have transferred the funds from an unregistered bank account, you are required to submit the scanned copy of debit ...

• What will happen if I transfer funds from an unregistered bank account?

  The funds are to be transferred from your registered bank account (i.e., the bank account that you’ve linked with FYERS) to your trading account. If you’ve transferred the funds from your unregistered bank, the funds will not be updated and a refund ...

• Can I use the same funds for Trading on NSE as well as MCX?

  Yes, you can use the same funds for Equities and Commodities and you need not maintain separate accounts for the same.