Benefits of Real-Time Order and Trade Monitoring with WebSocket

What are the benefits of using the websocket for managing orders and trades?

Utilizing the WebSocket for orders and trades offers significant advantages for traders. It provides real-time updates on your orders, executed trades, and current positions. This immediate flow of information enables you to make timely and informed decisions, enhancing your ability to react swiftly to market movements. It also helps in closely monitoring the progress and performance of your trading activities, ensuring a seamless and efficient trading experience.

    • Related Articles

    • Can I Place Basic Trades Like Buy/Sell Using FIA?

      Yes, FIA (FYERS Intelligent Assistant) lets you place basic Buy and Sell orders directly through chat. You can execute Market, Limit, Stop-Loss (SL), and Stop-Limit (SL-L) orders using simple natural commands—all securely connected to your FYERS ...

    • How can I use the callback API to know the status of my orders and trades?

      To keep track of the status of your orders and trades, you can utilize the order websocket. By subscribing to this websocket, you will receive timely information about all your orders, including updates on order confirmations, modifications, and ...

    • How can I view and manage my orders in FYERS?

      You can view and manage all your order types — including Stocks and F&O, Smart orders, Mutual funds, and IPO applications — using the dedicated Orders section in FYERS. Accessing the orders module Log in to FYERS on mobile or web. Tap or click the ...

    • What functionalities does the order websocket in API v3 offer?

      The order websocket in API v3 is an advanced feature that provides access to a richer set of information related to trading. It includes updates on orders, trades, and positions, as well as alerts and EDIS (Exchange Data Interface System) details. ...

    • Can I Place and Manage Trades With FIA?

      Yes, you can place and manage trades directly using FIA (FYERS Intelligent Assistant). FIA allows you to execute orders, track live positions, and even modify or close them—all via simple chat commands within the FYERS ecosystem. Supported Order ...