Which bank account should I use for transferring funds to NSE/MCX on FYERS?
At FYERS, you don’t need to maintain separate accounts for NSE and MCX trading. We offer a unified margin account, making it easier to manage your funds and trade across multiple segments seamlessly.
Do I Need to Transfer Separately for NSE or MCX?
No. You can trade on both NSE and MCX using a single FYERS account. All your funds go into a common pool (Unified Margin), which is used across segments. For detailed insights, you can refer to our dedicated blog post.
Bank Details for Fund Transfer
You can initiate a fund transfer via NEFT, RTGS, IMPS, or UPI using the beneficiary details provided on the FYERS platform. Please refer to this article on fund transfer methods for step-by-step instructions and account details.
Always transfer funds from your registered bank account only. Transfers from third-party accounts will be rejected or refunded.
What if…
| Scenario | What you can do |
|---|
| I transferred funds from an unregistered account | The amount will be auto-refunded within T+2 working days. |
| I want to confirm if my margin is usable across segments | Yes, with FYERS' unified margin, all segments (NSE, MCX, F&O) share the same fund pool. |
| My transfer didn’t reflect | Wait for up to 2 hours, then contact FYERS Support with your transaction reference. |
Last updated: 11 Jun 2025
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