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Types of orders

Some orders on Sharesies give you more control over the price you pay or receive for shares.

Ruby Gardner avatar
Written by Ruby Gardner
Updated over 8 months ago

Market orders

When the market is open and there are shares available, your order will be placed immediately.

There’s no way to confirm when your order for a company or exchange-traded fund (ETF) might fill on Sharesies.

Limit orders

Limit orders give you more control to buy or sell shares at a specific price, or better!

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

A limit sell order lets you set the minimum price you want to sell at per share.

When investing in US shares, you can’t place a limit order for a fractional number of shares—only whole shares can be purchased when placing a limit order.

Limit orders can take a little longer to fill.

Stop loss and trigger buy orders

Stop loss and trigger buy orders give you more control over the price at which your buy or sell order for a US investment gets sent to the market.

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