Will I be eligible for corporate actions such as dividends for my MTF positions?
Yes, as an MTF trader on FYERS, you are eligible for corporate actions such as dividends. The shares remain in your Demat account under the MTF facility, ensuring you receive all corporate benefits associated with those shares.
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How to track Dividends, Splits & Bonuses on FYERS Web?
You can track Dividends, Splits & Bonuses in the charts of our FYERS Web platform. Below is the procedure to enable the option to track the same: Click on the dashboard. On the right corner of the dashboard, click on the user symbol and a dropdown ...
Will Smart Exit close overnight positions automatically when either of the conditions are hit?
Yes, Smart Exit will automatically close all overnight positions, including Margin Trading Facility (MTF) positions, when either the Book Profit or Max Loss conditions are met. However, Equity delivery positions will not be affected by Smart Exit.
What are the consequences of not maintaining sufficient funds for MTF positions?
You must maintain the required margins for MTF positions. In case of a shortfall, our risk team will evaluate such positions for potential liquidation, emphasizing the importance of proper fund management.
Which stocks are eligible for MTF trading?
The list of eligible stocks for MTF includes 900 stocks from NSE. A detailed list of these stocks and their corresponding leverage options can be found on the MTF page within the FYERS App or on our website, alongside the MTF Margin calculator, ...
Can I do BTST with MTF, and will I get the sell credit when I sell the next day?
Yes, you can execute BTST (Buy Today, Sell Tomorrow) using the MTF product type. Here’s what you need to know: Sell Credit: When you sell the shares the next day, the sell credit is received and can be used across all trading segments on the same ...