It’s a pleasure to announce that at the very beginning of this new year, we have also enabled Bombay Stock Exchange (BSE) on our platform apart from Cross Currency Trading and you will be able to trade on stocks listed on BSE. Although we got the license to operate in BSE a few months ago, the process of going live with an exchange is usually lengthy and time-consuming due to compliances, documentation and platform testing procedures. Nonetheless, we are happy that we are live on BSE Cash segment and that our clients can trade all the stocks listed on the exchange. BSE is Asia’s oldest stock exchange and has played a pivotal role in the development of India’s capital markets. It also has the maximum number of publicly listed companies in India. The exchange has stood the test of time and continues to evolve to this day. Their latest initiatives inspire confidence in us. 

BSE Margins/Leverage

We have been working on our margin policies to provide traders with the most appropriate leverage and reducing risks associated with the price volatility in the underlying scrips. To learn more about the margins required for BSE equity scrips, visit our Margin Calculator.

Pricing

The pricing model for BSE segment is the same as NSE equity segment. For more information on this, you can refer to our Pricing page. You can also refer to our Brokerage Calculator. Please note that the FYERS 30 Day Challenge will be applicable for BSE too. So, if you have taken up the challenge, we will be considering the P&L of your BSE trades to calculate your performance.

Fund transfers for BSE

You will be able to trade using your Capital account for both NSE and BSE. You can add funds through NEFT/RTGS/IMPS/UPI. You can learn more about that in our fund transfers page. There are no specific changes with regards to BSE.

Timings

Needless to mention, trading in BSE equity is the same as NSE and the timings are the regular equity trading hours i.e. 9:00 AM to 3:30 PM, Monday to Friday that apply to NSE. As per risk management policies, our admin square-off timings will be around 3:15 PM (Same as applicable for NSE).

 

How to enable BSE for existing clients?

All the clients who have opened an account with us after we received the BSE license have been enabled in the BSE equity during the account opening process and such clients will be able to trade BSE stocks without any hassle. If you are unable to trade in BSE or orders getting rejected, you can refer to this article How do I add the new Segment/Exchange to my existing Trading Account? to enable the BSE segment in your account in case you have been our client before we received the BSE license. For new clients, BSE will be enabled in their account by default unless you choose otherwise. . 

For any queries, you can visit our Support Portal.  If you need more clarifications, you can contact us. To get the latest updates, please visit our Notice Board.

I really appreciate your patience regarding the launch of BSE on our platforms. We’ll make it worth the wait by giving you the best trading experience. All good things take time but we’re working round the clock to give you a hassle-free trading experience.

Note – Currently, Cover and Bracket order are disabled for the BSE segment. We will take a call on this in future, we will keep you updated. 

Stay tuned for more updates from us. Happy Trading and a very happy new year!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO at FYERS, the youngest team to get NSE’s broker license. He has a specialization in finance and has over 10 years of work experience spanning across proprietary trading, risk management, and broking. Tejas & his team started FYERS, a technology-focused brokerage as a mission to transform the trading/investment landscape in India.

21 Comments

  • Avatar Riyas says:

    Thanks Tejas for bringing more options for traders. Many new updates and features introduced in last few months. But there are many things still to improve before introducing new features. First thing is to make mobile app better. Back office still have to improve a lot to catch with other leading brokers. Create a better support staff. There are many things to make it better.

    • Tejas Khoday Tejas Khoday says:

      Hi Riyas, The new mobile app is under development. You can expect it to be much better than the existing one for sure! Yes, back office will improve in version 2. Currently, we’re finishing up what’s important. We are training our support team regularly. If you have found some to have a lack of knowledge that could be because they are new joinees.

  • Avatar Naman says:

    Hello Tejas !

    The stock exchanges have mandated that intra-day traders have to pay the entire initial margin before placing the order (effective Jan 2020). Does it mean that leverage on cash equity segment and F&O will be reduced ? If yes, by how much ? How is it going to affect my trading at Fyers ?
    Please explain !

    Thank You

  • Avatar Soorya says:

    I wanted to start this new year investing in spicejet and few other listed companies thanks fyers for enabling BSE.

  • Avatar Ankita says:

    It’s indeed Great news on the new year, thank you for adding BSE platform. Wish you a very happy new year to the Fyers Team.

  • Avatar Bikash says:

    Thanks for adding BSE trading option. It would be easier now to invest in some growth stocks,which have not in NSE segment. Can I invest in Nifty BeES through Fyers for a horizon of 20 years?

  • Avatar Sunderan Raju says:

    I’m an Arbitrageur and this is something I’ve been waiting for. I used to trade in Zerodha but the issues there are skyrocketing. My friends recommended FYERS. Gonna give it a try. Cheers

  • Avatar Gunjan Mehra says:

    Hey Tejas, by when are you guys planning to introduce the currency fno segment for bse? Also, update on the IPOs purchase option through your platform.

  • Avatar Jiten says:

    Will thematic have access to BSE?

  • Avatar Maaya Vritra says:

    The article https://fyers.in/support/article/how-do-i-add-the-new-segment-exchange-to-my-existing-trading-account/ is so helpful for me. I am gonna activate my BSE segment.

  • Avatar Sukerthi says:

    Thanks for adding BSE in Fyers platform, please introduce the equity sip plans, It would be helpful for small traders like me who couldn’t invest more capital at once.

  • Avatar Karthik says:

    Thank you so much for adding BSE Segment, good news for all the fyers client, New year started with a very good news

  • Avatar Harsha says:

    Thanks for adding BSE and we can have BSE charts too.

  • Avatar Raj Kumar says:

    Thanks for adding BSE trading option. Please add third party trading platforms and intraday screeners in fyers web. Increase leverage like wisdom capital.

    • Tejas Khoday Tejas Khoday says:

      Can you suggest any third-party platforms? Our Trading APIs are free so integration is not the problem. You could also perhaps approach the platform and try to make things happen. For more info. check this out – https://fyers.in/fyers-api/

  • Avatar Raj Kumar says:

    Thanks for adding BSE trading option. Please add foxtrader and three in one option to after Kavy fiasco

    • Tejas Khoday Tejas Khoday says:

      Hi Raj Kumar,

      1. We don’t have any plans of launching Fox Trader at the moment. Our Trading APIs are free. Any platform can use it and integrate it with FYERS. You can do it using Fox Trader too. Check this out – https://fyers.in/fyers-api/
      2. We haven’t considered a 3-in-1 option however, we are working on a solution to provide more safety with regards to the Demat Account.

    • Tejas Khoday Tejas Khoday says:

      Hi Raj Kumar,

      1. We don’t have any plans of launching Fox Trader at the moment. Our Trading APIs are free. Any platform can use it and integrate it with FYERS. You can do it using Fox Trader too. Check this out – https://fyers.in/fyers-api/
      2. We haven’t considered a 3-in-1 option however, we are working on a solution to provide more safety with regards to the Demat Account. This will happen in early 2020.

  • Avatar Fyers Client says:

    Hi Tejas Ji,

    Thanks for enabling the BSE exchange as a new year gift to us, your clients. This does help the active daytraders like me, who can now save on the exchange charges. Since the transcation charges for BSE is comparatively less than NSE this new feature addition on you platform is valuable to us.

    Wish you and your wonderful team at Fyers a year of growth and prosperity.

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