How to place a trigger order or stop-loss market order in FYERS?

How to place a trigger order or stop-loss market order in FYERS?

Setting up a trigger order—commonly referred to as a Stop-Loss Market (SL-M) order—helps you automate trading actions when a specific price level is reached. It’s a handy tool to limit losses, lock in profits, or enter trades during breakouts without having to watch the markets constantly.

What is a Trigger Order?

A trigger order executes only when the market hits a predetermined price level:

  • Buy Trigger Order: Placed above the Last Traded Price (LTP)
  • Sell Trigger Order: Placed below the LTP

Example: If the LTP of a stock is ₹100:

  • To buy once the price rises to ₹102, place a buy trigger at ₹102.
  • To sell if the price falls to ₹98, place a sell trigger at ₹98.

How to Place a Trigger Order on FYERS (Web & App)

  • Search or Select the Scrip: From your Watchlist or use the Smart Symbol Search.
  • Initiate Buy or Sell:
    • Web: Click on Buy or Sell.
    • App: Swipe left on the scrip and tap Buy or Sell.
  • Enable Trigger Order: Tick the checkbox for Trigger Buy/Sell.
  • Choose Order Type:
    • Select Market Order for immediate execution once triggered.
    • To execute at a preferred price, untick Market Order and enter a Limit Price.
  • Enter Trade Details: Fill in the Quantity and Trigger Price.
  • Place the Order: Click or tap Buy/Sell. Your order executes at market price once the trigger price is hit.
Tips: Trigger orders work across Equity, F&O, and Commodity segments. Make sure:
 - Buy trigger price is above LTP.
 - Sell trigger price is below LTP.

What If...

IssueWhat to Check or Do
You enter a trigger price below LTP for a Buy OrderOrder will be rejected. Recheck and correct the price level.
You want a specific price on executionUse a Trigger Limit Order instead of Market.
You see "Trigger not reached"This is normal. The order waits until the market hits the trigger.
Segment is not accepting orderEnsure the segment is active and margin requirements are met.

Last updated: 13 Jun 2025

    • Related Articles

    • How do I place a Trailing Stop-loss (Smart Trail) order in FYERS?

      Trailing Stop-Loss (TSL) is a Smart order type that adjusts your stop-loss price dynamically as the market moves in your favor. This helps you lock in profits while limiting downside risk. The feature is available across all FYERS platforms — App, ...

    • How to place a GTT order in FYERS?

      GTT (Good Till Triggered) lets you create long-lived conditional orders. When your trigger price is hit, FYERS places a limit order automatically at your specified limit (if provided). GTT is available for equities in Delivery/Overnight and MTF (not ...

    • How to place Stop-Limit/Trigger-Limit order on Fyers Web?

      A Trigger-Limit/Stop-Limit Order, formerly known as a Stop-limit order, allows traders to specify an entry or exit point in the market at a defined price level, with a range. It combines the features of a limit order and a stop order. When you place ...

    • Can I Place SL-M (Stop Loss-Market) and SL-L (Stop Loss-Limit) Orders With Quick Trade?

      Yes — Quick Trade on FYERS Trader (https://trade.fyers.in/) supports both SL-M and SL-L for Intraday trades. These stop-loss types help you automate exits when your trigger price is reached. How SL orders work in Quick Trade SL-M (Stop Loss-Market): ...

    • How to place a stop-loss order from Positions in FYERS?

      You can place a Stop-Loss order directly from your open positions to manage risk. This is supported for all equity and F&O positions in both the FYERS App and FYERS Web. On FYERS App Go to the Portfolio tab → You’ll land on Positions. Tap on the ...