How to place a smart limit order in FYERS?

How to place a Smart Limit Order in FYERS?

Smart Limit Orders in FYERS allow you to automate how your unexecuted Limit orders behave by setting a trigger price, end time, and what action to take if the order isn’t filled. You can choose to either convert it to market or cancel it at a specified time. Advanced options like MPP and order tagging offer further control for active traders.

On FYERS App

  • Log in to the FYERS App.
  • Search for the stock and tap Buy or Sell.
  • Select the Order Type as Limit.
  • Enter the desired Quantity or Amount.
  • Set the Price at which you want to place the Limit Order.
  • (Optional) Enable Trigger Price and set the desired trigger level.
  • Set the End Time for the order.
  • Under Action at End Time, choose either:
    • Convert to Mkt – to auto-convert to market if unfilled
    • Cancel – to auto-cancel the order if still pending
  • Tap Show Advanced to configure:
    • MPP (Auto/Custom)
    • Max Price – maximum allowed price if using auto conversion
    • Order Tag – optional label for strategy tagging
  • Review required margin, charges, and available funds.
  • Tap Buy [Qty] to place the Smart Limit Order.

What if...

ScenarioWhat to check
Order didn’t convert to marketCheck if Convert to Mkt was selected under Action at End Time and the time was correctly set.
Trigger Price disabledThis is an optional setting and must be manually enabled if required.
Order auto-cancelledYou may have selected Cancel instead of Convert at end time.
Unable to enter Max PriceEnsure MPP is set to Custom. Max Price can’t be defined in Auto mode.
Smart Limit Orders behave like regular Limit Orders unless end-time actions are configured. If no action is set, they remain pending until manually modified or cancelled.

Last updated: 28 Aug 2025

    • Related Articles

    • How to place a Smart Limit Order on FYERS Trader?

      Smart Limit Orders give you better control over order execution by combining limit price logic with optional market conversion and expiry settings. Here's how you can place one on FYERS Web: Steps to Place a Smart Limit Order Select a stock or ...

    • How to place smart limit order on Fyers Web?

      To place a Smart Limit Order on FYERS Web, follow these steps: Select a scrip and go to Buy/Sell. In the order window, find and click on the 'Smart' tab to access advanced order types. Choose 'Smart Limit Order'. Enter the required inputs: Quantity: ...

    • How to place a Smart Step order in FYERS?

      Smart Step in FYERS is a feature that automates the averaging process when a stock’s price moves within a specific range. With Smart Step, you can define price intervals (ticks) and quantity increments to automatically place additional buy or sell ...

    • How to place a limit order in FYERS Trader?

      A limit order allows you to buy or sell a stock at a specific price or better. This gives you control over the execution price—ideal when you want to avoid unfavorable price fluctuations. What is a Limit Order? Buy Limit Order: Placed below the ...

    • How to place a limit order in FYERS?

      A Limit Order lets you buy or sell a stock at a specific price or better. It gives you control over the execution price, unlike a Market Order which executes at the current available price. Limit Orders are available across Intraday, MTF, and ...