Hey guys, have you guys used FD as collateral in FYERS? Do you know any brokers doing that? Please update

Hi Santhosh,

Stock exchanges and brokers will have no control over Fixed Deposit, as it is an instrument offered by banks. Hence, FDs are not considered for collateral in FYERS. Only the instruments that are traded in the stock exchanges such as Equity, ETFs, MFs, etc. are considered for collateral.

We cannot comment on other brokers.

Thanks