How can I place and manage a limit or stop loss order?

A limit order is an order to buy or sell a share at a specified price or better. You can place a limit order on the 'Buy and sell' page for an investment. To do this, choose ‘Limit’ within the ‘Order type’ drop-down menu. Alternatively, you can place limit and stop loss orders on our mobile apps in the same way you would on our website.

A stop loss order is an order to sell the share if its value falls to, or below, a level you specify (the trigger price). You can place a stop loss order for any UK-listed share you hold. When making a deal within your account, you’ll need to select this specific order type and you’ll also need to set a bottom price, which is the lowest you’d be willing to sell at if your stop loss is triggered.

It isn’t guaranteed that your limit or stop loss order will be executed. Sometimes, circumstances may be beyond our control (for example, if market conditions are particularly volatile), and it won’t be possible to execute your order as requested.

We may also only be able to execute part of your order on a given day if the investment you’re dealing in lacks liquidity. If your order takes several days to complete due to this, you'll get a contract note each day telling you how much of your order has been executed. Our standard online dealing charge will apply to every day that your order takes to execute.

Are there any additional charges for placing a limit or stop loss order?

There are no additional charges for placing a limit or stop loss order. When your order executes, our usual dealing charges will apply. You can visit our charges and rates page for more information.

Can I edit or cancel a limit or stop loss order?

As long as your order isn't currently being executed, it can be amended. A limit order can be kept in place for up to 90 calendar days. During that time, you can amend or cancel the order (as long as it isn’t being executed) by reviewing your ‘Active orders’. Simply choose the order you’d like to cancel, or click ‘Cancel and rebook’ to edit it.