Understanding Market Orders on FYERS

What is a market order on FYERS and how does it work?

A market order is an instruction you provide to your broker to buy or sell a security at the best available current market price. Prioritising immediate execution, this order type might not guarantee the exact transaction price. As the market fluctuates in real-time, the execution price can be different from the Last Traded Price (LTP) you observe when placing the order.
For example, if stock ABC has an LTP of ₹100, a Best Bid of ₹99, and a Best Offer of ₹101:
  • A market buy order will likely execute at ₹101.
  • A market sell order will likely execute at ₹99.
Note: If securing a specific transaction price is crucial for you, we suggest using limit orders on the Fyers platform instead of market orders.

    • Related Articles

    • Why is my market order in the options segment rejected?

      If your market order in the options segment is getting rejected at FYERS, it's likely due to our policy to safeguard traders from poor execution in illiquid markets. Here's a breakdown of when market orders are allowed and when they aren't. When are ...

    • What is Post-Market and can I place an order during Post-Market?

      The post-market session offers a short trading window after the regular market hours. While it's limited in scope, FYERS allows you to place specific types of orders during this period. Here's how it works. What is the Post-Market session? The ...

    • Can I place market orders for commodity options on FYERS?

      At FYERS, placing market orders in the MCX Options segment is not allowed due to the low liquidity in commodity derivatives, particularly options, in India. Many of these contracts are illiquid, and allowing market orders could lead to erratic trades ...

    • What is Pre-Market and how can I place the order during that time?

      The pre-market session allows investors to place equity orders just before the regular market opens. It’s a short window where you can queue your trades in advance so that they are eligible for early matching once live trading begins. What is the ...

    • What is GTT? Can I place a GTT order in FYERS?

      GTT, or Good Till Trigger, is an advanced order type that allows you to set Buy or Sell orders at a predetermined price, which remains active until the trigger condition is met — or for a maximum of one year from the date of order placement. What is ...