What Are Regular, Smart Stop-Loss, and Target Orders in FYERS?

What Are Regular, Smart Stop-Loss, and Target Orders in FYERS?

At FYERS offers different order formats to help you place trades based on your entry, exit, and risk-management needs. You can use Regular orders for standard buy or sell trades, while Smart Stop-Loss and Target orders help you define exit levels in advance.

At FYERS, Bracket Orders (BO) and Cover Orders (CO) have been replaced with the Smart Stop-Loss and Target order feature.

Types of Order Formats

Regular Order

A Regular order is the standard Buy or Sell order you can place as a Market, Limit, or Trigger order.

Regular orders are used when you want to place a standalone entry or exit order without predefined Stop-Loss or Target conditions.

Key points:

  • Can be placed as Market, Limit, or Trigger orders.
  • Does not require predefined exit conditions.
  • Suitable when you want to manage entry and exit manually.

Best suited for: Traders and investors who want full control over entry and exit without linked Stop-Loss or Target levels.

Smart Stop-Loss and Target Orders

Smart Stop-Loss and Target orders help you define exit conditions while placing an order.

A Stop-Loss order helps limit your loss by placing an exit order when the price moves against your trade.

A Target order helps book profit by placing an exit order when the price reaches your expected level.

When both are added during order placement, you can define your risk and reward before submitting the order.

Quick Comparison

FeatureRegular OrderStop-Loss and Target Orders
PurposeStandard buy or sell orderOrder with predefined exit conditions
Stop-LossNot linked by defaultCan be added during order placement
TargetNot linked by defaultCan be added during order placement
Order LinkageStandalone orderEntry order with linked exit conditions
ValidityAs per the selected order validityDelivery and MTF Stop-Loss/Target orders are valid for up to 365 days
Best Suited ForManual trade managementRisk and reward management during order placement

Last updated: 01 Aug 2026

    • Related Articles

    • How to Place Smart Stop-loss and Target Orders on FYERS

      Bracket Orders (BO) and Cover Orders (CO) have been replaced with Smart Stop-loss and Target orders. This feature allows you to define risk-management and profit-booking levels while placing an order. Smart Stop-loss and Target orders are OCO (One ...

    • How To Place and Modify Stop-Loss and Target Orders in Scalper on FYERS App?

      Stop-loss and target orders in Scalper on the FYERS App can be added and modified directly from Charts after execution or preset before placing a trade. Scalper allows risk management to be handled from the same chart screen. Stop-loss and target are ...

    • What types of orders can I place using Quick Trade in FYERS?

      Quick Trade in FYERS Trader lets you place one-click orders from TradingView charts, Depth of Market (DOM), or the Buy/Sell panel using your saved preferences. You can place Intraday or Overnight orders and configure predefined Stop-loss, Target, and ...

    • How will orders execute with Stop-loss and Target?

      Earlier, some order formats were referred to as Bracket Order and Cover Order. These are now replaced with Smart Stop-loss and Target in the order window. Orders placed with Smart Stop-loss and Target will not get split into multiple BO/CO legs. The ...

    • How do I place stop-loss and target orders in FYERS Option Scalper?

      In FYERS Option Scalper, you can add stop-loss and target levels directly from the chart. Once your order is executed and the position line appears on the chart, you can use SL (Stop-loss) and TP (Target) to place exit orders without opening the ...