What is a limit order?

What is a limit order?

A limit order is a type of order to either buy or to sell a security at a specified price. The order will either get executed at the limit price mentioned by you at the time of order placement or would not get executed at all. If the price does not reach the limit price, the order will remain pending until cancelled at the end of the day.

    • Related Articles

    • What is stop-limit or trigger-limit order?

      A stop-limit a.k.a trigger-limit order is a specialised conditional order that combines features of both stop and limit orders. It allows investors to set a specific price range for their trades: Stop/Trigger Price: This initiates the order once ...

    • What is the maximum per order limit in FYERS?

      To maintain trading risk controls and comply with exchange standards, FYERS has a per order limit of ₹6 crores. If an order exceeds this value, it will be automatically rejected. What happens if I exceed the limit? You’ll receive an error message ...

    • What is the effect of a limit order?

      Limit orders get executed only at the specified price and will remain pending until that price is reached. Sometimes, these orders may not get executed at all.

    • What is a stop-loss order?

      It is an order to exit an open position when it reaches a specified price. These orders are designed to limit the investor’s loss.

    • Why Is My OFS Order Rejected?

      Applying for an Offer for Sale (OFS) through FYERS is usually smooth, but in some cases, your order may be rejected. This typically happens due to compliance requirements, insufficient funds, or exchange rules. Common Reasons for OFS Order Rejection ...