Can I place a stop loss order?
Yes – you can place a stop loss order for any UK-listed share you hold. To place a stop loss order, click the ‘Deal’ button next to the share in your portfolio, and for ‘Order type’, click ‘Stop loss’.
A stop loss is an order to sell the share if its value falls to, or below, a level you specify (the trigger price). 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.
A stop loss order can be in place for up to 90 calendar days. During that time, you can amend or cancel the order (as long as it isn’t in the process of being executed) by clicking ‘Active orders’ in the ‘My account’ menu. Just choose the order you’d like to cancel, or click ‘Cancel and rebook’ to edit it. On our mobile app, you can cancel an order by swiping it within the ‘Active orders’ screen.
Just keep in mind, however, that we can’t absolutely guarantee that your stop loss order will be executed. Circumstances beyond our control – unusually volatile market conditions, for example – may mean it won’t be possible to execute your order as requested.
We don’t accept any liability for any loss or potential loss you may suffer if there is a delay or failure in executing a stop loss order. Please note, we don’t offer trailing stop losses.