What is a Limit order?
A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
How do I make a limit order?
Here is how you can buy/sell a stock using a Limit order:
Go to “Trade”
You can choose a stock from your Watchlists or by using our search tool to find the stock you're interested in
Tap on the stock you wish to buy
Select "Buy" or “Sell” according to the action you want to make
Click on "Market Order" in green on the top right of the screen and change it to "Limit Order"
Type the amount in shares or USD you want to buy
Add the limit price (the maximum price at which you're willing to buy)
If you want to sell, type the amount in shares or USD you want to sell
Add the limit price (the lowest price at which you’re willing to sell)
Click on "Review" to see the order summary
Then click on "Confirm Buy" or “Confirm Sell”
Your Limit order is now created.
If the stock reaches the limit price, the order becomes a market order and it is filled at the next available market price.
Need more help?
Contact our Streetbeat Support team using the "Talk to us" button in the app.