Is it possible to modify my order type from Limit to Trigger Limit/Stop Limit on FYERS?
On FYERS, the ability to modify your order type from Limit to Trigger Limit (also known as Stop Limit) depends on the exchange where your order is placed:
MCX Exchange: Modification is not allowed. If you have placed an order in the MCX segment and wish to change it to a Trigger Limit order, you need to cancel the existing Limit order and place a new Trigger Limit order.
BSE Exchange: Modification is not allowed. Similar to the MCX exchange, if you've placed an order in the BSE segment, you must cancel the pending Limit order and place a new Trigger Limit order.
NSE Exchange: Modification is allowed. If your order is in the NSE segment, you can easily modify it to a Trigger Limit order by selecting the Modify option and ticking the 'Trigger buy/sell' checkbox.
This shows that the NSE exchange uniquely allows for the modification from Limit to Trigger Limit orders, offering traders on FYERS the flexibility to adjust their trading strategies as needed.
Related Articles
Is it possible to modify my order type from Trigger Limit to Limit or Market on FYERS?
On FYERS, whether you can modify your order from a Trigger Limit to a Limit or Market order depends on the rules of the exchange on which the order is placed: NSE Exchange: Modification is allowed. This gives traders using the NSE platform ...
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 ...
How to Place a Trigger Order/Stop-Loss Market Order in Fyers App
A trigger order, commonly known as a stop order or stop-loss market order, allows you to set a specific price for buying or selling. Specifically, buy trigger orders should be placed above the current market price, and sell trigger orders should be ...
How to place trigger order/stop-loss market order in Fyers Web?
Placing a trigger order, earlier known as a Stop order or Stop-loss market order, allows you to set a specific price point for executing your trade. Let's delve into the process: Buy Trigger Orders: Set above the current market price. Sell Trigger ...
How to place Cover Order on Fyers Web?
A Cover Order is a unique intraday order, coupling an initial order (be it Long or Short) with a pre-defined stop-loss order. By setting a stop-loss, you inherently protect your position from potential severe market downturns. Here's a simple guide ...