How to Cancel a Pending Order in Zerodha

If you’ve placed a pending order on Zerodha and need to cancel it, follow these steps to ensure that your order is effectively removed from the system. Zerodha, a leading stock brokerage firm in India, offers a user-friendly platform for trading in various financial instruments. However, canceling an order might seem a bit tricky if you’re not familiar with the platform. Here’s a detailed guide to help you navigate through the cancellation process.

1. Log in to Your Zerodha Account: To begin, you need to log in to your Zerodha account. Use your credentials to access the trading platform. You can do this via the Zerodha Kite web application or the mobile app.

2. Navigate to the Orders Section: Once logged in, locate the 'Orders' section on your dashboard. This section lists all your active, executed, and pending orders.

3. Find the Pending Order: In the 'Orders' section, filter or search for the order you wish to cancel. Pending orders are those that have not yet been executed. You can identify them by their status.

4. Select the Order to Cancel: Click on the order you want to cancel. This action will typically display more details about the order, including its status, type, and any relevant information.

5. Initiate the Cancellation: Look for an option to 'Cancel' the order. This option is usually represented by a button or link. Click on it to initiate the cancellation process.

6. Confirm the Cancellation: A confirmation prompt will likely appear to ensure that you want to proceed with the cancellation. Confirm the cancellation by clicking 'Yes' or 'Confirm.'

7. Verify Cancellation: After confirming, check the 'Orders' section again to ensure that the status of your order has been updated to reflect the cancellation. The order should now appear as 'Cancelled' or 'Rejected.'

8. Contact Support if Needed: If you encounter any issues or if the order does not cancel as expected, contact Zerodha’s customer support for assistance. They can help resolve any problems or clarify any doubts you may have.

Tips:

• Ensure that you cancel the order before the market closes or before the order is executed to avoid any issues.
• Regularly check your orders to keep track of their status and make necessary adjustments in time.

This step-by-step guide should help you effectively cancel a pending order on Zerodha. Following these steps will ensure that your order is removed from the system and that you avoid any unnecessary transactions.