Iceberg Vs Basket orders

I extensively use Iceberg orders to place orders more than freeze quantity on Dhan. It is seamless and effortless. But i get a doubt if there are more slippages because of iceberg compared to basket orders (which is time consuming to create). Has anyone tried both and found any advantages/disadvantages? Any feedback in this issue would be much appreciated.

Karthik S

Iceberg or basket orders doesn’t cause slippage by itself. Slippage depends on liquidity of the instrument. Also you can use limit orders instead of market orders if you are too concerned about slippage. But with limit orders, order fill is not guaranteed.