Order Placement
Is it possible to modify my order type from Trigger Limit to Limit or Market on FYERS?
On FYERS, whether you can modify your order from a Trigger Limit to a Limit or Market order depends on the rules of the exchange on which the order is placed: NSE Exchange: Modification is allowed. This gives traders using the NSE platform ...
Is it possible to modify my order type from Limit to Trigger Limit/Stop Limit on FYERS?
On FYERS, the ability to modify your order type from Limit to Trigger Limit (also known as Stop Limit) depends on the exchange where your order is placed: MCX Exchange: Modification is not allowed. If you have placed an order in the MCX segment and ...
What is reverse position/s in trading and how can I reverse a position in FYERS?
In trading, 'reversing a position' refers to the act of closing an existing position and immediately opening a new one in the opposite direction. This strategy is often used to respond to changing market conditions or to adjust trading strategies. In ...
Why am I getting an error stating "Limit price should be in multiples of 0.05"?
When placing an order in Equity and Equity Derivatives, it's essential to ensure the limit price aligns with specific increments to maintain market stability and orderliness. As such, on FYERS, the limit price must be set in multiples of 0.05. If ...
Why am I getting an error stating 'Stop loss should be less than limit price'?
The error 'Stop loss should be less than limit price' is a protective measure ensuring your trades are logically consistent. When placing a Buy order: Limit Price: Represents the maximum price you're willing to pay for a stock. Stop-Loss: Acts as a ...
Why is my order rejected stating "Non compliant account due to Aadhaar PAN seeding / Nomination"?
If you receive a message saying "Non compliant account due to Aadhaar PAN seeding / Nomination," it means that you have not completed one or both of the following procedures: You have not linked your PAN with your Aadhaar. You have not updated your ...
Why am I getting an error stating 'This scrip is marked under ASM/GSM by the exchange'?
The error 'This scrip is marked under ASM/GSM by the exchange' pops up when you attempt to place orders in securities listed under Additional Surveillance Measures (ASM) or Graded Surveillance Measures (GSM) by the exchange. Why are ASM/GSM ...
Why am I getting an error stating 'This scrip is in T2T segment and cannot be squared-off until settlement'?
If you encounter the message 'This scrip is in T2T segment and cannot be squared-off until settlement', it's because you're attempting to trade stocks categorised under the Trade to Trade (T2T) settlement series. What is T2T Segment? The T2T segment ...
What is Margin Required?
Margin required is the amount of funds you're required to maintain to place a particular order. The order will not be placed if your available fund is less than the required margin. Note: 1. The required margin is subject to change if you're placing ...
How to Place a Bracket Order on Fyers Web?
Bracket Order (BO) is an innovative intraday trading product that allows traders to place the main order alongside a simultaneous stop-loss and target order. This ensures efficient trading and minimizes risks. Placing a bracket order on the Fyers ...
How to place Cover Order on Fyers Web?
A Cover Order is a unique intraday order, coupling an initial order (be it Long or Short) with a pre-defined stop-loss order. By setting a stop-loss, you inherently protect your position from potential severe market downturns. Here's a simple guide ...
What are the various error messages displayed in the New Order Window?
In order to simplify the order placement, we've given a tool kit for all the error messages. The messages in the quotes below are displayed on our new order window whereas the bold ones are descriptions: "Disclosed quantity should be less than or ...
What is disclosed quantity?
The Disclosed Quantity (DQ) option allows you to disclose only a part of your order quantity, to the market makers. In simple terms, DQ hides your actual quantity from the market and enables you to trade in a discreet manner. For instance, Mr. ...
How does the basket order option work in the order panel?
The basket order feature under the order panel is incorporated for ease of adding scrips to the basket or creating new baskets. All you have to do is go to the desired scrip, open the order panel, click on show more and enable the option of 'Basket ...
What is validity?
Validity is the tenure until which the order placed is valid. There are two sub-categories of validity: Day Immediate Or Cancel Day: The order placed (Other than the market order) will be valid throughout the Day. If the order is open throughout and ...
What is the difference between Trade and Invest in the order panel?
‘Trade’ option is nothing but Intraday where the Buy and Sell-side of the transactions happen on the same day. Trade is divided into 3 sub-categories: Intraday Cover Order (CO) Bracket Order (BO) ‘Invest’ option is for taking an overnight position ...
What is a Schedule Order?
Schedule Order (previously known as After Market Order) is an order placed during the offline hours of the market. In simple words, a Schedule order is an order placed after the markets are closed for the day. It will be executed on the next trading ...
What is product and order in the user settings of the order panel?
The product and order type function helps you to preset your preferences. Product type includes Intraday, BO, CO, and Invest, whereas Order type includes Market, Limit, Trigger, and Trigger Limit. This feature has been incorporated into the New Order ...
What is the difference between Actual price, Absolute %, and Absolute value?
The pre-set option of Actual price, Absolute %, and Absolute value is to be set for placing Stop-loss/Take profit. Actual Price means the stop-loss and take profit has to be set in the real value of the stock. For example, HDFC Ltd is trading at ...
What is position sizing in the new order window?
The position sizing function will help you auto-fill the quantity based on the percentage entered and the availability of margin. For instance, Mr. Joshua, a client of Fyers, has a balance of ₹1,00,000 in his trading account, and his trading pattern ...
What is the hide order window in Fyers?
The hide order window feature has been incorporated to help you minimize the order panel without losing your modifications and check out other charts of scrips. For Instance, you wish to place a Buy cover order at the market in GAIL as displayed in ...
What are alerts in the order panel?
The alerts option in the order window has been introduced to keep a check on your trading patterns and risk management. There are four options for setting alerts, namely: Price Stop-loss Value Max Loss Price: In this box, you need to enter the ...
How to place Stop-Limit/Trigger-Limit order on Fyers Web?
A Trigger-Limit/Stop-Limit Order, formerly known as a Stop-limit order, allows traders to specify an entry or exit point in the market at a defined price level, with a range. It combines the features of a limit order and a stop order. When you place ...
How to place trigger order/stop-loss market order in Fyers Web?
Placing a trigger order, earlier known as a Stop order or Stop-loss market order, allows you to set a specific price point for executing your trade. Let's delve into the process: Buy Trigger Orders: Set above the current market price. Sell Trigger ...
How to place a limit order in Fyers Web?
A limit order is an order placed at a particular price. Buy Limit orders are to be placed below the current market price & Sell Limit orders are to be placed above the current market price. Go to the scrip you wish to place an order in and click on ...
How to place a market order on FYERS Web?
A market order is placed to buy or sell stocks and investments at the best available price in the market at a particular time. You can place a market order in Fyers, effortlessly: 1. Go to the scrip you wish to place an order in and click on the Blue ...
Popular Articles
How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:30 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
What are the latest features in FYERS Web?
The latest TradingView library has been integrated on the FYERS Web and the following are the feature updates. New Features: 1. Icons have been provided for Exit positions, Fund Transfer, Basket Order, My Account, User Settings, Refresh Trading ...
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not impose any Annual Maintenance Charges (AMC). However, it's essential to note that clients who opened their accounts between 1st April 2020 and 4th June 2021 were subjected to AMC charges until 30th September.
What is the FYERS 30 Day Challenge, and why was it discontinued?
To encourage discipline among traders, we introduced FYERS 30 Day Challenge. Essentially, if you are in net profits for a period of 30 trading days, the brokerage charges incurred during the period will be refunded up to a limit of ₹10,000 per ...