How to place a market order in FYERS?

How to place a Market Order in FYERS?

A Market Order lets you buy or sell a security at the best available price in the market. You do not need to specify a price; however, the actual execution price may vary depending on available market liquidity.

How to place a Market 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 Market.
  5. Enter the required Quantity.
  6. If required, tap Advanced to view additional order settings.
  7. Review the order details, including the required funds and applicable charges.
  8. Tap Buy Qty or Sell Qty to place the order.

Note: During the CAS session, the FYERS App displays a message indicating that a Market Order will be placed as an MPP order.

How to place a Market 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 the regular order options, select Market.
  5. Enter the required Quantity.
  6. Expand the additional order settings if you need to configure any available advanced options.
  7. Review the order details, including the margin or funds required and applicable charges.
  8. Click Buy or Sell to place the order.

How to place a Market 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 Market as the order type.
  5. Enter the required Quantity.
  6. Review the order details.
  7. Click Buy or Sell to place the order.

Things to remember

  • A Market Order does not let you specify an execution price. It is sent for execution at the best available market price.
  • The final execution price can differ from the price displayed when you place the order because market prices and available liquidity can change.
  • Available products and order options can vary depending on the security and platform.
  • Review the order details, required funds or margin, and applicable charges before submitting the order.

What If...

ScenarioSolution
I cannot select Market as the order typeThe Market option may not be available for the selected security or under the current trading conditions. Use the order types available in the order window.
The execution price is different from the price I saw before placing the orderA Market Order executes against available prices in the market. The execution price can therefore differ from the price displayed when the order was submitted.
My Market Order is not fully executedExecution depends on available market liquidity. Check the order status to see whether the order has been fully or partially executed.
I place a Market Order during the CAS session on the FYERS AppThe order window indicates that the Market Order will be placed as an MPP order.