A buy limit order lets you set the maximum price that you’re willing to pay for a share.

A sell limit order lets you set the minimum price you’re willing to sell at.

If you place a limit order, it’ll sit on-market for up to 30 trading days for US and New Zealand investments (or a different time frame notified to you), or 30 calendar days for Australian investments, waiting for the market to reach your price. Your order won’t go through unless shares at your limit price (or better) are available, and there are no other orders ahead of you in the queue.

How to buy investments

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