How do I place a limit 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. In the ‘Order type’ drop-down menu, just choose ‘Limit’.
You can keep a limit order 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.
Keep in mind that we can’t guarantee that your limit 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.
Also, if the investment you’re dealing in lacks liquidity, we may only be able to execute part of your order on a given day. If this is the case, and your order takes several days to complete, you'll get a contract note each day telling you how much of your order has been executed. For every day that your order takes to execute, our standard online dealing charge will apply.
Want to learn more about getting a quote? Watch our video explaining how online share quotes work.