How to use F&O Margin Calculators

Fyers F&O Margin Calculator is India’s one of the best online margin calculator that enables you to calculate extensive margin requirements for futures and option writing/shorting when trading equity and currencies on National Stock Exchange (NSE). At Fyers you get the best margin deals for trading in Intraday futures in both equity & currency futures. Read our Margin Policy to know more.

Benefits of using our Margin Calculator:

• You do not have to calculate approximate margins manually.
• It saves you a lot of time & energy.
• Understand the leverage component per scrip on an ongoing basis.
• Scan through the list of banned scrips right here.
• The Margin calculators are always updated on a daily basis.
• Simultaneously you can use our Options Strategies Lab to trade options like a pro. It is a portal where you can take choose from over 43 different strategies without knowing how to construct them. We have done it on your behalf to make your life easier and more efficient. You can choose strategies based on your market outlook and risk preferences. So the amount of time taken to execute strategies like Iron condor & butterfly spreads is almost nullified. Learn how to use it here.

Equity Futures Margin Requirement:

Total margin = SPAN margin (Exchange) + Exposure margin (Broker)

Total margin is collected to hold the position overnight which is also known as MARGIN under the products available at Fyers. If you choose the product code as INTRADAY instead of MARGIN while placing an order then you will get an additional leverage benefit of 40% of the total margin requirement. Fyers F&O Margin Calculator helps you fetch the margin requirements for Near, Next and Far month derivative contracts at just one go.

See the example below for NIFTY futures margin requirement.

Margin calculator fyers

Margin Calculator – Fyers

Calendar Spreads – Margin Requirement:

Calendar spread is a position established by simultaneously entering a long position in futures or options expiring on a particular date along with a short position of the same underlying asset expiring another date or vice versa. This is also known as a horizontal spread which basically hedges your positions. We are among a handful of stockbrokers who provide the margin benefit on calendar spread positions.

Total Margin = SPAN margin (Exchange) + Exposure margin (Broker) – Spread benefit

Options Writing/Shorting Margin Requirement:

The total margin is collected on option writing/shorting which varies based on the underlying asset, volatility, expiry and more. It is like futures positions with some inherent differences due to the strike prices. For instance, deep in the money (ITM) options will require significantly more margins than say an Out of the Money (OTM) options. Total margin is collected to hold the position overnight which is also known as MARGIN under the products available at Fyers. If you choose the product code as INTRADAY instead of MARGIN while placing an order, you will get an additional leverage benefit of 40% of total margin requirement. If you need further clarification on the basics of options, I suggest you read our FAQs. We have covered many useful topics there.

As mentioned earlier in the post, we also have 43+ option strategies which are uniquely designed and explained with a step by step guide. If used correctly, it can be a potent weapon in the hands of an active option trader. A quick glimpse, before you get started.

Option Strategies Lab - Fyers

Multi-Leg Options Strategies – Margin Requirements:

Using our unique Options Strategies Lab, you can enter options strategies with great ease. Since, it includes almost all possible types of strategies, you will need a clear understanding of how margins will be blocked and whether you will receive margin benefit for hedged positions. The exchange calculates risk & provides margin benefit for hedged positions based on SPAN calculations and their internal risk policies. I must highlight that the quantum of margin benefit is rather small due to their limitations. For instance, hedged positions can be squared off by traders at any time. Hence a substantial margin benefit is not provided to manage risk effectively. Speaking of risk management, I encourage you to look at some of our 4 legged options strategies:

Iron Condor
Reverse Iron Condor
Iron Butterfly
Reverse Iron Butterfly
Long Call Ladder
Long Put Ladder

Disclaimer: Fyers Margin Policies can change without prior notice as we dynamically manage risk according to the prevailing market conditions and regulatory requirements.

If you have any clarifications, feel free to ask in the comments section below.

Happy Trading!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO @ www.fyers.in, the youngest team to get NSE’s broker license. FYERS was started as a mission to enhance the terrain for traders and investors in India. He previously worked at Zerodha, Futures First & has been a professional trader for several years.

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Showing 26 comments
  • Paul
    Reply

    WHen are you coming up with Options margin calculator? The ban scrips list is a good one on your calculator.

  • Shakir
    Reply

    Tejas, is this updated daily? Because I faced problem with Samco It was sometimes not updated and used to show old margin required.

    • Tejas Khoday
      Reply

      Hi Shakir, we update the margin calculator on a daily basis. So far there has never been a delay 🙂

  • Natarajbabu
    Reply

    Can you show margin benefit as it will be more helpful.

  • Rajanna
    Reply

    You don’t have options in this… include it first.

    • Tejas Khoday
      Reply

      We’re working on it Rajanna.

  • Ranjit Prabhu
    Reply

    Can you introduce margin required for multiple positions in this?

  • Mayur
    Reply

    Multiple opions to add positions will be good. Ban scrips useful I didn’t see this previously.

  • Varun
    Reply

    Can I get more margin for carry forward in futures? As in can I carry forward with lesser margin in a/c?

    • Tejas Khoday
      Reply

      Hi, that’s not possible as you are required to fulfill SPAN + Exposure Margin as per exchange requirements.

  • Kamal
    Reply

    If you tweak few things, you can be better than zerodha. I faced many trading problems witht hem but you don’t have MCX otherwise I could ahve joined Fyers.

    • Tejas Khoday
      Reply

      Hi Kamal, agreed that we don’t yet have MCX but its in our roadmap. That’s for sure..

  • Basheer
    Reply

    WHy don’t you introduce ban scrips should show alert in your trading platform? It will avoid wrong positions. Because everytime we cannot come here to see which scrips are in ban right?

    • Tejas Khoday
      Reply

      Hmm good suggestion. Have taken note of this.

  • Basheer
    Reply

    If there is notification showing how many lots you can buy in buy window, then also it will be more useful.

    • Tejas Khoday
      Reply

      Basheer, you’re giving us good suggestions. Thanks have noted this one too.

  • Nikhil
    Reply

    Tejas can I shift my account from Samco to Fyers without any charges?

    • Tejas Khoday
      Reply

      Yes. If you only want to open a trading account then its free. But if you want to open a demat account, it costs around ₹400 + tax. (This is charged by IL&FS and not us).

  • Parth
    Reply

    Please implement Amit Kumar Pandey’s suggestions. I was going to ask same question.

    • Tejas Khoday
      Reply

      Sure.

  • Pratap Sehgal
    Reply

    My brother recommended I might like your platform for trading.. I want to move from Edelweiss to Fyers Tejas. Ask your person to mail me your account opening details.

    • Tejas Khoday
      Reply

      Will be done in a few minutes Pratap.

  • Samir
    Reply

    Hi Tejas I am your client, I would like to give you a suggestion. Fyers is well known among online traders but you need to target also less active people by advertising on tv or newspapers. I referred my friend to open an account with you and he agreed but I had to tell him the benefits as he had not heard about your name on any big media. Hope you are working on that. Fyers One is much better than Zerodha Pi and Sharekhan Trade Tiger for sure.. I know this but others are not knowing this at all. Best of luck.

    • Tejas Khoday
      Reply

      Hey Samir, We’re glad you like our trading platforms. We only started acquiring clients about a year ago and we’re happy with our growth rate especially because its all organic. We’re a fully bootstrapped firm and not big on advertising. Instead, we focus on our products and customer services. It is faithful clients such as yourself that make a company successful. Thx for your suggestions, your point is taken.

  • Rishiketh
    Reply

    You are giving good intraday margin. Can you give delivery margin 4 futures & options too?

    • Tejas Khoday
      Reply

      Nopes. Cannot provide overnight margin for derivatives. It is neither healthy for you or us. This is because derivatives are already leveraged and it more likely than not, it can have an adverse impact on your P&L. Fact: Futures are already leveraged by 6-7 times.

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