How to place a basket order in FYERS Next?
Basket orders in FYERS Next let you group multiple trades and execute them together in a single action. This is especially useful for strategy-based traders, portfolio rebalancing, and managing multiple positions efficiently.
Steps to place a basket order in FYERS Next
- Log in to the FYERS Next trading terminal with your credentials.
- Go to the Trading tab.
- Select Basket Order from the dropdown menu or use the shortcut Ctrl + B.
- Add your desired scrips manually or import a saved list using the 'Basket file' option.
Review the basket:
- Check instrument names, quantities, and weights.
- Set order type (e.g., Market, Limit), price, product type, and validity.
- Once confirmed, click 'Place Basket' to submit all orders in one go.
To import a basket successfully, make sure your file follows the standard format required by FYERS. This usually includes:
- Symbol Name
- Quantity
- Order Type
- Buy/Sell
- Product Type
- Validity
Note: Save the file in .txt or .csv format as per the FYERS-supported structure.
What if...
Situation | Resolution |
---|
Basket file import fails | Ensure file is in correct format (.txt/.csv) |
Some orders not executing in the basket | Check limits, margin, or segment availability |
Need to repeat a common basket daily | Save the basket and reload when needed |
Basket orders simplify complex strategies by letting you manage multiple trades as a single action. Always validate all order details before placing the basket.
Last updated: 30 Jun 2025
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