How can I place orders in the illiquid stocks in Fyers?

How can I place orders in the illiquid stocks in Fyers?

Placing a market order in illiquid stocks can be very risky as there might be a massive difference in the Bid & Ask price of the stock that might lead to freak trades. Therefore, it is always recommended to place a limit order where the order will be executed only if the stock price reaches your preferred limit price. As a thumb rule, it makes sense to place only limit orders to minimize slippage/impact cost.

For more details on how to place a limit order, refer to this article.

    • Related Articles

    • Can I place market orders in commodities options?

      No, you will not be able to place market orders in the MCX Options segment. In India, commodities derivatives (Especially Options) are traded in very low volumes and most of them are illiquid ones. The availability of Market orders in these options ...
    • Can I place BO/CO orders in the Options Segment?

      Yes, you can place the BO/CO orders in Index options using FYERS Platforms. Earlier, the BO/CO orders were disabled for Options Segment (i.e., between 27th September 2021 and 31st January 2023). However, from 1st February 2023, we've re-enabled the ...
    • What is GTT? Can I place a GTT order in Fyers?

      Good Till Trigger (GTT) is an order type that is placed to set a Target or the Stop-Loss with validity of up to 1 year from the date of order placement. In simple words, you can set the price at which you want to Buy or Sell a particular scrip, and ...
    • Do After Market Orders have to be limit orders (AMO)?

      No! After market orders need not be limit orders. You can place 'Market' Orders in AMO.
    • What product types can I use to place orders in Fyers?

      There are various kinds of traders in the market having their styles and trading methods. Therefore, in order to meet all the their requirements, we provide you with multiple options on the order window. Majorly, they are divided into two types: ...