What is the freeze quantity in currency derivatives set by the exchange?
The freeze quantity is the maximum number of lots that you can place in a single order for currency and cross-currency derivative contracts. This limit is predefined by the exchange to ensure controlled and stable trading activity.
Exchange-defined freeze limit:
- Freeze quantity for currency derivatives = 10,001 lots
- Applies to both currency and cross-currency pairs
If you try to place an order exceeding this quantity, it will be automatically rejected with the error: "Freeze Quantity Limit Exceeded."
What happens when I need to trade more than the limit?
FYERS has enabled an order slicing feature that automatically splits your larger orders into multiple smaller ones, all within the permitted freeze quantity.
This helps you:
- Execute high-volume trades efficiently
- Avoid manual splitting
- Prevent order rejections due to freeze limits
To learn how to activate order slicing, refer to this article: What is order slicing and how to enable the feature?
What If...
| Scenario | Explanation |
|---|
| I place a 12,000-lot order in USDINR | It will be rejected unless order slicing is enabled. |
| I enable order slicing | The order will be split automatically to stay within 10,001 lots per slice. |
| I’m not sure of the freeze limits | Check the contract specifications or order window for real-time validation. |
If you frequently place high-volume trades, enabling the order slicing feature can improve execution speed and reduce the risk of rejections.
Last updated: 28 Jun 2025
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