Can there be just one order in basket order or is there a minimum number of contracts we need to punch to use basket order?

You can place a Basket order containing a single order.

However the purpose of Basket order is to place multiple orders at one time.

2 Likes

One order is sufficient, ideally.

If you place 4 order, brokerage for 4 orders will be charged.

If you place 1 order, brokerage for 1 order will be charged.

Basket orders are meant to place more than 1 order, logically.

If you are just placing a single order, you could place it normally. The charges will be same.

1 Like

There are 20 stocks in one basket. When Market is open we don’t really want to change limit price for each stock.

Can you add feature in which if we place basket order. Each stock order placed as limit price order with whatever current price of stock is.