Order Types
Is there any limit to the number of orders placed via order slicing at FYERS?
Yes, FYERS has set a limit on the number of orders that can be placed using order slicing, applicable to both initiating new positions and exiting open positions. The limit is set at a maximum of 100 orders, regardless of the freeze quantity for the ...
What is order slicing and how to enable the feature?
Order slicing is an advanced feature tailored for traders aiming to execute large orders. It ensures seamless trading without majorly influencing the market price or necessitating multiple manual order placements. By intelligently dividing your ...
Why does my order get split into multiple trades?
When you place a trading order with FYERS, occasionally you might observe that it gets executed in segments, each at distinct prices and timestamps. This phenomenon is termed as order splitting. It is a consequence of several intricate factors that ...
What is stop-limit or trigger-limit order?
A stop-limit a.k.a trigger-limit order is a specialised conditional order that combines features of both stop and limit orders. It allows investors to set a specific price range for their trades: Stop/Trigger Price: This initiates the order once ...
Why did my CO/BO order get executed at different price points?
Cover Order (CO) and Bracket Order (BO) are types of multi-legged orders that come with pre-defined stop-loss and/or target levels, alongside the main entry order. The execution of these orders is dependent on the available Bid/Ask in the market for ...
Can I place BO/CO for options on the FYERS platforms?
Certainly! FYERS platforms support the placement of BO/CO orders for Index options. Although we previously suspended BO/CO orders for the Options Segment (from 27th September 2021 to 31st January 2023), we reinstated this feature for the Index ...
What product types can I use to place orders in Fyers?
There are various kinds of traders in the market having their styles and trading methods. Therefore, in order to meet all the their requirements, we provide you with multiple options on the order window. Majorly, they are divided into two types: ...
Which product option should i select on FYERS to extend my F&O contract until its expiry?
To hold an F&O contract position beyond the day, opt for the 'Invest' product on FYERS. Note: Any order of F&O contract placed under 'Trade' will be squared-off as per the intraday timings.
What is the effect of the trailing stop-loss order?
This order enables the investor to state the maximum possible loss without sacrificing the profits. Such orders help investors to lock in profits if the share price moves in their favour as the stop loss price will automatically recalculate to ...
What are price bands?
The exchanges have set a price band for all securities. The price bands act as a limit beyond which the price is not allowed to move on a particular day and the exchanges will reject orders that are set outside the minimum and the maximum of the ...
What is disclosed order quantity?
In normal orders, the entire order quantity is disclosed to the market. But order with a disclosed quantity allows the investor to disclose only a part of the order to the market. For example, Mr. X wants to buy 100000 shares of a stock at the ...
What are After Market Orders (AMO) / Schedule Order?
After Market Orders (AMO) a.k.a Schedule Orders allow investors and traders to submit orders outside the regular trading hours. Once placed, these orders are scheduled for execution on the subsequent trading day, adhering to the specified order type ...
Do After Market Orders have to be limit orders (AMO)?
No! After market orders need not be limit orders. You can place 'Market' Orders in AMO.
What is the validity of an IOC order?
IOC is referred to as ‘Immediate Or Cancel’. These orders get executed as soon as they are sent to the exchange, failing which they get cancelled. These orders do not remain pending in the system until a suitable match is found. In case, only a ...
What is the validity of a GTD order?
GTD refers to ‘Good Till Day’. In the event that these orders do not get executed immediately, they remain pending until the end of the trading day. After which, the exchange cancels all the pending orders.
What is a trailing stop-loss order?
A trailing stop limit order is designed to allow an investor to specify a limit on the maximum possible loss, without setting a limit on the maximum possible gain. These orders continuously recalculate the stop-loss price at a fixed amount below the ...
What is the effect of Bracket Order (BO)?
The investor can specify his/her profit expectation as well as the maximum risk that he/she would be willing to incur in a single order.
What is a Bracket Order (BO)?
It is an order which enables the investor to place two orders simultaneously. 1) The price at which he/she would sell the investment to book profits, 2) The price at which he/she would sell the investment to reduce losses. For example, suppose MR.X ...
What is a stop-loss order?
It is an order to exit an open position when it reaches a specified price. These orders are designed to limit the investor’s loss.
What is the effect of a stop-loss order?
These orders can protect the investor against the sudden movement in the security’s price. Using these orders you can define the downside for your position
What is the stop-loss trigger price?
Stop-loss orders are designed in such a way that the order remains inactive until the last traded price reaches the limit order price. The stop-loss trigger price enables the user to define at what price the stop loss order should get activated. Once ...
What is the effect of a limit order?
Limit orders get executed only at the specified price and will remain pending until that price is reached. Sometimes, these orders may not get executed at all.
What is a limit order?
A limit order is a type of order to either buy or to sell a security at a specified price. The order will either get executed at the limit price mentioned by you at the time of order placement or would not get executed at all. If the price does not ...
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 ...
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 5:00 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.
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 ...