What does 'Slippages' mean, and how can I minimise it using basket orders?
Slippage is the difference between the price you expect and the price at which your order actually executes. Basket orders on FYERS can help reduce slippage by sending all legs of a strategy together in a fixed execution sequence.
Why basket orders can help reduce slippage
- All legs are sent together: Hedge and exposure legs are placed as part of the same basket, which helps reduce legging risk.
- Execution follows a fixed order: In a basket, Buy legs are executed first, followed by Sell legs.
- Better price control: You can use Limit orders for sensitive legs to control the execution price.
- Faster repeat execution: Saved or cloned baskets help you act quickly when market conditions match your strategy.
How to use basket orders to minimise slippage
FYERS App
- Go to Orders → Baskets, then create or open a basket.
- Add all required legs, enter the quantities, and choose Limit or Market for each leg.
- Optional: Turn on Enable Multiplier to scale the entire basket. Review Funds req. and Funds avl. before placing the order.
- Tap Execute to place all legs together.
FYERS Web
- Go to Orders → Baskets, add the hedge and exposure legs, choose the preferred order type for each leg, review the required funds, and click Place.
Note: Basket execution order is fixed. Buy legs are executed first, followed by Sell legs.
Important: Enable Multiplier is available only on the FYERS App. It multiplies the quantity of every leg in the basket, and Funds req. updates automatically when you change it.
Heads-up: A basket leg can still be rejected because of insufficient funds, price band limits, or freeze quantity restrictions. Update the affected leg and execute the basket again.
What if…
| Scenario | What you can do |
|---|---|
| A leg is slipping more than expected | Change that leg to a Limit order or revise the acceptable price. Keeping all legs in one basket can help reduce execution mismatch. |
| I need the same hedge with a larger quantity | Use Enable Multiplier on the FYERS App to scale all legs together, then review Funds req. before execution. |
| One leg keeps getting rejected | Check for insufficient funds, price band restrictions, or freeze quantity limits. Edit the rejected leg and execute the basket again. |
| I want to reuse the same setup later | Save or Clone the basket, then review the prices and quantities before placing it again. |
Last updated: 26 Nov 2025
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