What is the maximum amount I can place per order in FYERS?

What is the maximum amount I can place per order in FYERS?

At FYERS, the Maximum limit set is ₹4.5 crores per order. If you're trying to place an order beyond the ₹4.5 crores limit, the order will be rejected and you'll get the below error:

"RED:RULE:{Single Order Value}Current:INR 82472500.00 Set:INR 45000000.00 for C-{Your Client ID} [FYERS_RISK_CUG]"

However, to avoid such scenarios you can place your desired order using 'Basket order' seamlessly. For instance, using the above error message, the order value is ₹5 crores can be split into 2 legs of ₹2.5 crores each and added to the basket.

For more information on how to place basket order, refer to this article.

    • Related Articles

    • What are the different Order Types available in Fyers?

      Order types help you to place orders at your desired price. Ideally, there are 4 types of orders you can place in Fyers: 1. Market 2. Limit 3. Stop 4. Stop-Limit 1. Market Order: If you want to Buy/Sell at the Market price, you can place a market ...

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

      Good Till Trigger (GTT) is an order type that is placed to set a Target or the Stop-Loss with validity of up to 1 year from the date of order placement. In simple words, you can set the price at which you want to Buy or Sell a particular scrip, and ...

    • Why is my OFS order rejected?

      Placing an OFS Bid in FYERS is simple. However, your OFS order could be rejected for any of the following reasons: If the price entered is less than the floor price or more than the capped price set by the company. If your KYC details are not up to ...

    • What is the maximum amount I can bid for OFS?

      At FYERS, Investors can place bids in the 'Retail' category up to ₹2 lakh across exchanges. We do not support other categories such as High Networth Individuals (HNIs), Foreign Portfolio Investors (FPIs), etc. Note: All the bids placed above ₹2 Lakhs ...

    • How can I place orders in the illiquid stocks in Fyers?

      Placing a market order in illiquid stocks can be very risky as there might be a massive difference in the Bid & Ask price of the stock that might lead to freak trades. Therefore, it is always recommended to place a limit order where the order will be ...