What is Cover Order?
Cover Order (also called co) — An intraday order placed with a compulsory stop-loss, giving higher leverage because risk is capped by the mandatory stop.
In simple terms
A cover order won’t let you enter without setting a stop-loss.
Why Cover Order matters when you invest
Understanding cover order helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Cover Order — frequently asked questions
What is Cover Order?
An intraday order placed with a compulsory stop-loss, giving higher leverage because risk is capped by the mandatory stop.
What does Cover Order mean in the stock market?
An intraday order placed with a compulsory stop-loss, giving higher leverage because risk is capped by the mandatory stop. A cover order won’t let you enter without setting a stop-loss.
Can you give an example of Cover Order?
A cover order won’t let you enter without setting a stop-loss.
Put it into practice — open a free account.
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