How to place a limit order in FYERS?

How to place a Limit Order in FYERS?

A Limit Order lets you buy or sell a security at a price you specify or at a better available price. Unlike a Market Order, a Limit Order gives you control over the maximum price you are willing to pay when buying or the minimum price you are willing to accept when selling.

How to place a Limit Order on the FYERS App

  1. Open the FYERS App and select the required symbol.
  2. Tap Buy or Sell to open the order window.
  3. Select the required product: Delivery, Intraday, or MTF, as applicable.
  4. Under Regular, select Limit.
  5. Enter the required Quantity.
  6. Enter the Price at which you want to place the Limit Order.
  7. If required, tap Advanced to view additional order settings.
  8. Review the order details, including the required funds and applicable charges.
  9. Tap Buy Qty or Sell Qty to place the order.

How to place a Limit Order on FYERS Web

  1. Log in to FYERS Web at fyers.in/web and select the required symbol.
  2. Click Buy or Sell to open the order window.
  3. Select the required product, as applicable.
  4. Under Regular, select Limit.
  5. Enter the required Quantity.
  6. Enter the required Price.
  7. Expand Advanced if you want to configure any additional available order settings.
  8. Review the order details, including the required funds or margin and applicable charges.
  9. Click Buy or Sell to place the order.

How to place a Limit Order on FYERS Trader

  1. Log in to FYERS Trader at trade.fyers.in.
  2. Select the required symbol and open the Buy/Sell order panel.
  3. Select the required product, as applicable.
  4. Select Limit as the order type.
  5. Enter the required Quantity.
  6. Enter the Price at which you want to place the order.
  7. Review the order details.
  8. Click Buy or Sell to place the order.

How does a Limit Order get executed?

A Limit Order is eligible for execution only at your specified price. placing a Limit Order does not guarantee that it will be executed, because a matching order must be available in the market.

For example, if you place a Buy Limit Order at ₹100, the order can execute at ₹100 or a lower available price. If you place a Sell Limit Order at ₹100, it can execute at ₹100 or a higher available price.

Things to remember

  • A Limit Order gives you control over the execution price, but execution is not guaranteed.
  • A Buy Limit Order can execute at the specified limit price or lower.
  • A Sell Limit Order can execute at the specified limit price or higher.
  • If a matching order is not available at your specified price or a better price, the order can remain pending.
  • The available products and additional order settings can vary depending on the security and platform.
  • Review the quantity, price, required funds or margin, and applicable charges before placing the order.

What If...

ScenarioSolution
My Limit Order is not getting executedA matching order may not be available at your specified price or a better price. The order can remain pending until the required conditions are met or the order expires or is cancelled.
The market reaches my Limit PriceReaching the Limit Price does not by itself guarantee execution. Your order must also be matched with sufficient available quantity in the market.
Only part of my order is executedThis can happen when only part of the required quantity is available at your specified price or a better price. The remaining quantity can stay pending based on the order validity.
I select IOC validityThe order attempts to execute immediately. Any quantity that cannot be executed immediately is cancelled.
I want the Limit Order to take an automatic action if it remains unexecutedYou can refer to the Smart Limit Order FAQ to understand the available automated order options.