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liquid bees

hello,

if I give liquid bees as collateral then 1} will I receive dividends on then or not? 2} how much haircut is applied? 3} can I use the amount as margin against trades in mcx? 4} are the charges fix or does fyers charge interest on the amount?

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Vanshika Singh FYERS TEAM

last year

Hey @Hiren Parekh,

Below are the answers to your questions-

Yes, you will continue to receive dividends even when your funds are pledged.
10% Haircut is applied for LiquidBees. You can check out the approved list of securities and their haircut here.
Yes, you can utilize the pledged amount as margin to trade against MCX F&O.
No, there is no interest levied on collateral for trading. In fact, you should stay away from the brokers who do. Why? We have a detailed answer addressing this query. Kindly go through this thread.

Hope this addresses your query!

Hiren Parekh

last year

@Vanshika Singh

if no interest is charged then is there any fixed transition charges to pledge?

Hiren Parekh

last year

@Vanshika Singh

can I change my bank account details online in fyers and if not then what is the process?

thanks

liquid bees

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