Why does my 30 Day Challenge dashboard show “Yet to be computed”?
The computation for the FYERS 30 Day Challenge is done on a monthly basis; therefore, brokerage refunds to the winners will be processed on or before 10th of every month, until then 30 Day Challenge dashboard will show yet to be computed.
Due to the increasing participation of the challenge, it could get delayed by a few days. If there is an inordinate delay, we will be publishing it on our Notice Board. For more information about the challenge, kindly read this post.
Important Update: We regret to inform you that the 30-Day Challenge has been discontinued until further notice. For more details, refer here.
How do I start a 30 Day Challenge in Fyers?
To encourage discipline and consistency among traders, we introduced FYERS 30 Day Challenge. The procedure to do that is as below: 1. Login to the New Back office (You’ll be automatically logged in if you’ve logged in to Fyers Web) and click on the ...
In the FYERS 30 Day challenge, Can I cancel an existing challenge and start all over again?
No, as per the 30 Day Challenge rules you can’t restart or take new challenge until the duration of the earlier availed challenge is completed. This ensures fair play and helps you take the challenge more seriously. In our opinion, the ability to ...
Will the profit or loss of the open positions be considered for the 30-Day Challenge?
No, the F&O position/s taken before the start of the challenge or during the challenge (but not closed during the challenge period) will not be considered for calculating the 30-Day Challenge P&L. For instance, Mr. Chandran had 4 open positions ...
Do I have to be profitable every day in the FYERS 30 Day challenge to get a brokerage refund?
No! You don’t have to be profitable for every single day, but you should be profitable at the end of the 30 Day Challenge period after accounting all the transaction costs. In other words, on a net basis, you should be profitable for the challenge ...
Is there any limit or upper cap on the brokerage refund to 30 Day Challenge winners?
Yes! There is an upper cap of ₹10,000 (refer to this notice) on the brokerage refund for the 30 Day Challenge. The entire brokerage that has been levied during the challenge period will be refunded to the winners up to ₹10,000. Important Update: We ...