Fyers Margin
Margin
Fyers is a Bangalore based discount broker that came into existence in 2015. Here is the document that helps you in knowing about the Fyers margin in different trading segments.
Although a broker is new in the trading market, it is able to win the hearts of its customers by offering the margin trading facility to its clients.
Before digging deep, let’s understand the concept of margin. In simple terms, margin is the minimum percentage of the total transaction value required to take the delivery trading or intraday trading position.
Fyers allows its customers to trade over the funds that are available in their accounts. Not only this, the broker is known for offering thematic investing services to its clients.
So, if you are looking ahead to open a Fyers demat account then it is good to grab a good understanding and knowledge of Fyers margin.
Fyers Margin Trading
Fyers provide trading in various segments including equity, commodity, currency, to trade in delivery and intraday.
For all the segments it offers a good margin that helps them to trade even with small funds in their hand.
Starting with Fyers margin on Intraday that is up to 16x it gains popularity and much fame among traders.
But the New SEBI margin rules effective from September 01, 2021 is going to affect the overall trade as according to this rule, brokers would be providing the margin up to 5x for day trading.
However, it does not offer any margin for the delivery trade.
The below table will showcase the Fyers trading segments and the margins provided by them on various elements.
Segments | Trading Margins Of Fyers |
Equity | Based on stocks (up to 16x) |
Equity Future | Span & Exposure (4x of total margin) |
Equity Option | Sell (4x) Buy with CO (1.3 x) Buy without CO (1x) |
Currency Future | Span & Exposure (2.5x of total margin) |
Currency Option | Span & Exposure (2.5x of total margin) |
Fyers Margin Trading FactsThus, now you can trade in selected stock by availing the margin trading facility of Fyers.
- The exposure that is provided by the Fyers is only available for the Intraday trade services.
- All the stocks are not under the exposure control facility.
- The size of the exposure will be depending on the quality of stocks.
- The broker introduces new facility of Fyers Single Margin Account that make it easy for traders to trade without any hassle of transferring fund between equity and commodity trading.
Fyers Margin Requirement
Fyers margin requirements could check the traders’ concerns reading with big money, such as the proprietary traders or HNIs.
- According to the exchange clarification on the margin collection, the upfront margin is to be paid by the clients.
- Suppose currency derivatives are into consideration. In that case, the initial margins are to be paid by the clients, and on the upfront basis, net buys premium and extreme loss margins.
The margin requirements for the Crude and Crude Mini F&O contract has been increased by 2x by the MCX, risk management team. Following are the updated adequate margins for trading:
- Crude Oil Mini
- Cover orders and bracket orders raised to ₹950.
- The intraday positions have risen to ₹3,430 (appr.)
- The overnight positions raised to ₹10,394 (appr.)
2. Crude Oil
- Cover orders and bracket orders raised to ₹9500.
- The intraday positions raised to ₹34,140 (appr.)
- The overnight positions raised to ₹1,03,450 (appr.)
The margin requirements for crude oil futures have increased to about 2,50,000 per lot.
Fyers margin exposure
Up to 16 times (16x) margin/ leverage/ exposure is provided in Equity Intraday segment by Fyers. No margin is provided on the delivery trades by Fyers.
- Fyers Exposure for trading in Futures
Clients take the MIS, i.e., Margin Intraday Square off positions in Fyers with the following margins:
- Equity and index futures are 4x of average margin.
- Currency features are 2x of the average margin.
- Fyers Margin for Options- 4x of the average margin.
Fyers provide the leverage of 16x for intraday trading, which is the maximum funds available in a customer’s account.
Fyers margin for option selling
From May 7th, 2018, the margins or the leverages available for trading got updated and an increased Intraday time frame introduced in all segments.
Let’s say that for one batch of Nifty futures, the SPAN + Exposure margins are about 60,000. 4 times (4x) of leverage means that with ~15,000 (15,000 * 4 = 60,000), you will be able to take a spot.
Is Fyers margin right?
Fyers is a low brokerage stock broker in India, and it is among the various cheap stock brokers available online.
Fyers provide you immense services with expertise. As a trustworthy discount stock broker, Fyers provide different margins on various elements/ segments.
This article reveals the Fyers margin. At the same point, you could derive the fact that it can fulfill the trading expectations.
The Fyers provide free equity delivery trading. Fyers provides no proprietary trading and no conflicts based on interest.
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