How do I close positions placed using Quick Trade settings in FYERS?
Positions placed using Quick Trade on FYERS Trader (https://trade.fyers.in/)
can be closed from the Positions tab or directly from the chart.
Since Quick Trade commonly uses Cover Orders (CO) and Bracket Orders (BO),
these positions have specific exit requirements.
Ways to Close Quick Trade Positions
From the chart: Open the symbol’s chart and use the on-chart exit to square off the position.
Note: If you're exiting a Cover Order (CO) or Bracket Order (BO), always use the Positions tab or the chart to exit.
Counter orders (e.g., placing a sell against an open buy) won't close these trades due to order linkage rules in the OMS.
If your trade has SL/Target legs, refer to this article to understand how they're set.
What if...
| Scenario | Outcome |
|---|
| I try to close a CO/BO using a counter order | The order won’t close. Use Positions or the chart to exit linked CO/BO legs. |
| I placed a Quick Trade without SL/Target and want to close it | It behaves like a normal intraday order. For behavior details, refer to this article. |
| I’m on FYERS Web/App and can’t find the exit | Manage Quick Trade positions on FYERS Trader. The feature isn’t available on FYERS Web/App. |
Tip: Exiting from the Positions tab ensures linked Stop Loss and Target legs in BO/CO are cancelled automatically in the correct sequence.
Last updated: 09 Sep 2025
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