Order Types
What is order slicing and how to enable the feature?
Order slicing is a feature that allows you to trade large orders without affecting the market price or placing multiple orders manually. It automatically splits your orders into smaller chunks based on the freeze quantity of the instrument you are ...
Why does my order get split into multiple trades?
When you place an order on FYERS, you may notice that it gets executed in parts at different prices and times. This is called order splitting, and it happens because of various factors that affect the order matching process on the exchange. Some of ...
What is stop-limit or trigger-limit order?
A stop-limit order is a conditional order placed at a specific price with a range. It is an extension of the stop/trigger order where buy orders are placed above the market price and sell orders are placed below the market price. But unlike a stop ...
Why did my CO/BO order get executed at different price points?
The BO/CO orders are multi-legged orders placed with stop-loss or/and target along with Leg 1 order (entry) of Buy or Sell. All order types are executed based on the Bid/Ask available in the market for the scrip, you wish to trade in. However, In ...
Can I place BO/CO orders in the Options Segment?
Yes, you can place the BO/CO orders in Index options using FYERS Platforms. Earlier, the BO/CO orders were disabled for Options Segment (i.e., between 27th September 2021 and 31st January 2023). However, from 1st February 2023, we've re-enabled the ...
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: ...
What product should be selected to carry forward the F&O contract till expiry?
In order to place an overnight carry forward position in any F&O contract, you have to select the Product ‘Margin’ as shown in the image below: Note: Any order of F&O contract placed in CNC will be rejected
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)?
After Market Orders (AMO) are placed in the system after the markets are closed for the day. AMO will be executed on the next trading day as per the order type and price mentioned. The timings for placing AMO orders for Equity Cash and Equity ...
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 the effect of a market order?
Market orders usually get executed immediately at the best prevailing prices in the market. The investor will not know the exact price at which the order will get executed while placing the order. For instance, let’s assume that the LTP of ABC stock ...
What is a market order?
A market order is an order to either buy or sell an investment at the best available price in the market at that particular moment in time.
Popular Articles
How much time does it take to process the withdrawal request?
At FYERS, the withdrawal timings are as follows: Requests placed between 5:30 AM and 6:00 PM will be credited by end of the same day, unless you have any open commodity positions/orders in the MCX segment. In that case, your requests will be credited ...
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 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 ...
Does FYERS levy Annual Maintenance Charges (AMC)?
There is no Annual maintenance charges in FYERS. Note: AMC was charged to the clients who had opened their account between 1st April 2020 and 4th June 2021 till 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 ...