FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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A Bracket Order is an advance order type to help traders to limit the losses and increase chances of profitability. It's an order with an opposite-side order placed together (i.e. a buy order is bracketed by a high side sell limit order, and a low side sell stop order).
Bracket orders (BO) have a fixed stop-loss trailing order. To advance this further, some broker offers Bracket Order Trailing Stop-loss. This provides an ability to trail your stop-loss (dynamically). It means the stop-loss keeps moving based on the direction your stock or contract moves.
Bracket orders and cover orders are key risk management tools for a trader. A handful of stock brokers offer this order type to the traders.
Broker | Category | Brokerage (Eq Intraday) | Active Clients | Request Callback | Review | Compare |
---|---|---|---|---|---|---|
Kotak Securities | Full Service Broker | Free | 1,382,036 | Open Account | ||
HDFC Securities | Full Service Broker | 0.032% | 1,244,723 | |||
Motilal Oswal | Full Service Broker | Rs 0 (Free for lifetime) | 958,025 | Open Account | ||
Dhan | Discount Broker | Rs 20 or 0.03% of trade value, whichever is lower | 739,810 | |||
Paytm Money | Discount Broker | Rs 20 per executed order or 0.05% whichever is low | 735,825 | Open Account | ||
Sharekhan | Full Service Broker | 0.02% on market rate or minimum 1 paisa per share | 690,766 | |||
5paisa | Discount Broker | Rs 20 per executed order | 526,773 | Open Account | ||
Fyers | Discount Broker | 0.03% or Rs 20, whichever is lower | 240,489 | Open Account | ||
Alice Blue | Discount Broker | Rs 20 per order or 0.05% whichever is lower | 161,168 | Open Account | ||
Anand Rathi | Full Service Broker | 0.02% | 139,339 |
Read more about Bracket Order Explained with Example
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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Pls suggest which broker provides the following features in Web application:
1. Bracket Order for Intraday (this is very commn) and Delivery (this is required)
2. Non-Cash Limit
3. GTD with No Money Blockage
4. AMO/ PMO (this is easily found)
5. API Key