Guide to Order Slicing Limits at FYERS for Trading Positions

Is there any limit to the number of orders placed via order slicing at FYERS?

Yes, FYERS has set a limit on the number of orders that can be placed using order slicing, applicable to both initiating new positions and exiting open positions. The limit is set at a maximum of 100 orders, regardless of the freeze quantity for the specific trading instrument.

When you attempt to place an order that necessitates slicing into more than 100 individual orders, it will be rejected. In such cases, you will need to manually place your orders. This limit ensures that order slicing is used effectively without overwhelming the trading system.

For example, if you plan to trade 7,000 lots or 105,000 quantities in Bank Nifty, and the freeze quantity is 900, order slicing can only manage up to 100 orders. This means it can handle 90,000 quantities (or 6,000 lots). Therefore, an order for 7,000 lots will exceed the 100 order limit and will be rejected. The rejection message will state: "Max order limit breached for <Contract details> via order slicing. Place orders manually." In such situations, it is advisable to split your large order into smaller segments, such as 6,000 lots and 1,000 lots, to facilitate seamless execution.

    • 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: ...

    • What is the difference between Market, Limit, and Trigger orders in FYERS?

      At FYERS, we offer different types of order pricing so you can control how and when your trades are executed. Here’s how Market, Limit, and Trigger orders work — and how they behave based on live bid and ask prices. Order types explained 1. Market ...

    • 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 ...

    • What is order slicing and how to enable the feature?

      Order slicing is an advanced feature tailored for traders aiming to execute large orders. It ensures seamless trading without majorly influencing the market price or necessitating multiple manual order placements. By intelligently dividing your ...