Limit and Stop Orders

Limit and Stop orders allow you to set up longer-term instructions to sell your shares. Only whole share sales can be supported, so this won't apply to fractional holdings.

The default expiry for these orders is 90 days, but this can be changed during step 6 below 📆

Limit Orders

A limit order allows you to set a limit price, or the price at which you're willing to sell your shares if the current market price were to rise.

Your order will only be executed at your limit price or higher.

To set up a limit order, please follow the instructions below:

Select the share you want to sell
Tap Sell
Tap Market order at the bottom left of the screen
Tap Limit order
Enter the price you'd like to sell your shares at and tap Continue
Enter the number of whole shares you'd like to sell at this price
Tap Review order
If you're happy with the instruction, tap Confirm

Stop Orders

A stop order allows you to set the stop price, or the price at which you want to trigger a market sell order for your shares if the price were to fall.

Please note that a stop order does not guarantee that your order will be executed at the stop price, it simply triggers a market order when the stop price is reached.

To set up a stop order, please follow the instructions below:

Select the share you want to sell
Tap Sell
Tap Market order at the bottom left of the screen
Tap Stop order
Enter the price you'd like to sell your shares at and tap Continue
Enter the number of whole shares you'd like to sell at this price
Tap Review order
If you're happy with the instruction, tap Confirm

Updated on: 13/12/2024