Yes, Angel One does support multiple order types on its trading platform, allowing investors to choose various execution methods like market orders, limit orders, stop-loss orders, and more.

What Order Types Does Angel One Offer?

Angel One offers a variety of order types to suit different trading strategies:

• Market Order: Buy or sell immediately at current market price.
• Limit Order: Set a specific price at which to buy or sell.
• Stop Loss Order: Automatically buy or sell when a stock hits your set price.
• Stop Loss Limit Order: Triggers a limit order once the stop-loss price is reached.
• Cover Order: Place an order with a mandatory stop-loss.
• Bracket Order: Combines target, stop-loss, and trailing stop-loss orders in one.

This range gives traders flexibility to respond to market changes and manage risk better.

Why Are Different Order Types Important?

Different order types help you trade smarter:

• Control Price: Limit orders let you set your entry or exit price.
• Manage Risk: Stop-loss helps protect against big losses.
• Serve Complex Strategies: Bracket and cover orders automate targets and risk.

Angel One gives you all these options so you can react quickly and trade with confidence.

How to Place a Market vs Limit Order on Angel One?

A Market Order executes immediately at the best price. A Limit Order waits until your target price is met. To use:

• Select your stock,
• Choose 'Buy' or 'Sell',
• Select order type (Market or Limit),
• Enter quantity and price (for limit),
• Confirm order.

What Are Stop Loss and Stop Loss Limit Orders?

Stop Loss Order: A market order triggered when a stock reaches your stop price.
Stop Loss Limit Order: A limit order that activates at a stop price but executes only at or better than your set limit price.
Use these to protect against sudden price drops or secure gains.

How Do Cover and Bracket Orders Work?

Cover Order: Place a main order with mandatory stop-loss. Ideal for leveraged trades.
Bracket Order: Let you set entry, profit target, and stop-loss in one go. Helps lock profits and limit losses automatically.
These are advanced features available on Angel One’s platforms.

Can You Modify or Cancel Orders?

Yes, you can modify or cancel orders before execution. Just go to 'Open Orders' in your Angel One app or website, select the order, and choose 'Modify' or 'Cancel'. This gives you control if markets move against you or your plans change.

Which Order Type Is Best for You?

Choose based on your trading style:

• Day trading: Market or limit orders for fast entry and exit.
• Risk management: Stop-loss or SL limit orders to preserve capital.
• Goal-oriented: Bracket orders to automate profit and loss.

Angel One’s wide range of order types supports all these needs.