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

    • How to place a trigger order or stop-loss market order in FYERS?

      Setting up a trigger order—commonly referred to as a Stop-Loss Market (SL-M) order—helps you automate trading actions when a specific price level is reached. It’s a handy tool to limit losses, lock in profits, or enter trades during breakouts without ...

    • How to place a market order in FYERS?

      A market order allows you to buy or sell stocks and contracts at the best available price at that moment. It ensures immediate execution based on current market liquidity. Follow these steps to place a market order on FYERS Web or FYERS App: Select ...

    • How to Place a Market Order on FYERS Trader?

      Placing a market order on FYERS lets you buy or sell a stock instantly at the current market price. This is useful when fast execution is more important than setting a specific price—ideal during fast-moving market conditions or when quick entry or ...

    • Can I subscribe to both order updates and market data simultaneously through WebSocket on FYERS?

      No, on FYERS, you need to subscribe to order updates and market data separately when using WebSocket. Each of these subscriptions requires individual handling for efficient data management.

    • How does the Sticky Order Window setting work in FYERS?

      The Sticky Order Window is a simple preference that helps you keep the order panel fixed to your current view while navigating the platform. It’s useful when placing multiple orders across instruments or when you don’t want the window to reset every ...