Zerodha RMS has an account level limit of 3000 MIS orders per day. Is order modification also counted in this limit?
example. if I place 3 orders and modify them 25 times. will be order limit be counted as 3... or my order limit will be 150 (3 orders * 25 modifications) Thanks in advance
No, for modification it's a max of 25 modifications per order. This is not included in the 3000 order limit. Both are different request types. Order placement is POST and order modification is PUT. Both have a different sets of rate limits.
