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What is margin order in Fyers?

Fyers Account Opening

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Margin Orders in Fyers are orders placed using margin facility. Fyers offers additional margin exposure on intraday trades in equity and F&O.

In Margin orders, instead of paying the full amount of the trade, you can pay a small percentage and the rest will be paid by Fyers. Margin orders can only be placed on select stocks and the margin limit varies depending on the quality of the stock.

The process to place a margin order is the same as any other normal order. The only difference is that you need to select CNC/Margin as an order type while placing the order.

 

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