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Limit order FAQ

Some helpful bits of info about Limit orders

Sharesies Help avatar
Written by Sharesies Help
Updated over 3 years ago

Can I place a limit order for a managed fund?

Managed funds aren’t traded on-market. The price is set by the fund manager based on the Net Tangible Assets (NTA). Due to this, you can’t place limit orders for them.

Can I place a limit order with my auto-invest?

Limit orders can’t be used when setting up an auto-invest. This is because auto-invest orders use the market order function.

Can I place a limit order using a Kids Account?

Kids Accounts can place limit orders too! It’s the exact same as how you’d do it within a normal Sharesies account. No special conditions apply! Go forth!

Can I place a limit order for US shares?

You can place a limit order for whole US shares, but you can’t place a limit order for a fractional number of US shares.

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