Why Am I Seeing the “Not Allowed To Trade in BSE MF” Error on FYERS?
The error message “Not allowed to trade in BSE MF” typically appears when your account isn't currently authorised to place mutual fund orders on FYERS. This restriction is tied to backend configurations or temporary unavailability of the BSE Mutual Fund (MF) segment. Here’s what the error means and how to handle it.
What Does This Error Mean?
All mutual fund orders on FYERS are processed through the BSE Star MF platform. If your account isn’t fully mapped or the BSE MF segment is down, order placement will be blocked, and the error will be triggered.
Common Reasons For This Error
1. UCC (Unique Client Code) Mapping Delay
- After onboarding, your UCC must be registered and mapped with BSE.
- If the mapping is pending, you’ll see this error while trying to place mutual fund orders.
- This delay is usually resolved automatically within a few hours.
2. Temporary BSE MF Segment Downtime
- Occasionally, BSE may disable the MF segment due to maintenance or internal issues.
- During this time, mutual fund orders are blocked across all brokers, not just FYERS.
This error is usually resolved automatically without user intervention. If it continues for more than 24 hours, contact FYERS Support to check your UCC mapping or segment status.
What If...
| Scenario | Explanation |
|---|
| You’re a new investor facing this error | Your UCC mapping is likely still in progress—wait a few hours or contact us. |
| You were able to trade earlier, but now see this error | Likely due to temporary BSE downtime—retry after some time. |
| The error persists after multiple attempts | Contact us to investigate and resolve any account-level issues. |
Last updated: 10 Jun 2025
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