How to Place First Order in OptionX

LAST UPDATED APRIL 30, 2025

Learn how to place your first order in OptionX with this step-by-step beginner’s guide. From logging in and enabling paper trading to using the one-click Price Ladder, this guide is perfect for new traders and scalpers seeking fast and efficient trade execution.

1. Login to OptionX Platform

Step 1: Head over to OptionX and log in to your account

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Step 2: Not Ready to Trade Live? No worries! You have two options:

1. Enable Paper Trading – Practice unlimited risk-free with virtual trades.

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2. Connect to Your Broker – Follow our Broker Integration Guide to start live trading.

2. Price Ladder

Step 1: Go to the Widgets section.

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Step 2: Click on Price Ladder.

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Step 3: Type and select your Preferred Index (NIFTY 50) from the list.

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Step 4: Price Ladder will be Opened for ATM (Eg. NIFTY 24 APR 2025 24150 CE)

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3. Order Entry Panel

When the Price Ladder opens, it comes pre-filled with:

Options Contract: ATM NIFTY50 24 APR 24150

Order Type: Single Limit

Quantity: 75 (1 lot)

Want to customize you entry? Check out our Entry Panel Guide

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4. Place Limit Order

Step 1: To place Buy Oder click on any price in the Bid column.

Example: Clicking on the bid near ₹124 places a buy order for 75 quantity of NIFTY 24 APR 24150 CE.

Great — your order is placed!

💡 OptionX gives you easy drag & drop order modification and One-click Auto Stop Loss Trailing Features.

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And you’ve got the fill!

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Similarly you can place sell order in the Click on any price in the Offer column to place a Sell order.

5. Exit Your Position

Step 1: Click on Exit to sell the order — either partially or fully

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Step 2: Or simply place a reverse order using the ladder (Sell if you bought, Buy if you sold).

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Congratulations! 🎉 You just exited with a 20-point profit in a bullish move!
Welcome to smarter options trading with OptionX

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