Order Types

We offer several order types to help you keep control of your investments for times when you cannot constantly monitor prices.

Market

When the market is open we attempt to obtain a quote for your order by polling a number of Retail Service Providers for the best price available in the market at the time. This may lead to you receiving an improved price than the one being quoted by the market.

If a price is available electronically you will have 15 seconds to accept this price and place your trade.

If there is no firm quote available electronically you can send your order to us to facilitate the earliest possible execution of your trade.

Market orders placed when the market is closed will be dealt at the next available opportunity at the best price available, which may differ significantly from the indicative price shown at the time.

Limit

Limit orders let you leave an order to be dealt automatically once the price hits your specified limit. We will constantly monitor the share prices for you up to 90 days for UK orders and 20 days for international orders.

Limit (sell) - an order to sell only if the price rises to your specified level.
Limit (buy) - an order to buy only if the price falls to your specified level.

 

*All limit orders will be dealt with on a reasonable endeavours basis

Stop Loss

Stop losses let you leave an order to automatically sell if the price of a stock falls to your chosen level. The order will be dealt at market best as soon as the stop loss price has been reached.

Fill or Kill (all or nothing)

A fill or kill lets you place an order with a limit price, and if our dealers can get your limit price or better, there and then your order will be placed (filled). If it is not possible to get your desired limit price it will be cancelled (killed).

Risks

  • The value of your investments can go down as well as up. You may not get back all the money that you invest.