Stock Order Types That Put You in Control

Automate your stock order types for greater control over your trading strategy. Choose from stop markets, stop limits, trailing stops, and conditional orders.

Buy or Sell at the Best Available Price

  • If you have a predetermined price, you can set up a stop market order to automatically buy or sell a stock when your target price is reached. Once activated, the stop market order becomes a market order.
  • Market orders seek execution at the next available price.
  • Markets can move fast, but our rapid and reliable order execution consistently seeks the best available price on every trade.

Automate Your Entry and Exit Strategies

  • Easily combine individual orders into an automated entry and exit strategy with conditional orders.
  • Consider using a One Triggers/One Cancels Another strategy to submit an order entry.
  • Include both a protective exit point with a stop order and a target exit point with a limit order.

Help Protect Your Gains and Limit Your Losses

  • Help reduce or limit your risk with trailing stops and bracket orders using a One Cancels Another (OCA) order.
    • These stock order types are designed to let your winning trades run.
    • They may also allow for strategic exits if the market moves against you.

Let the Market Make the Best Choice

  • If you’re deciding between two stocks, consider using a limit order for both and allow market conditions to make the choice for you.
  • You can use either a One Cancels Another (OCA) or One Triggers/One Cancels stock order strategy.
  • You can also use Trade Triggers to help you execute your entry and exit strategies based on the market conditions you specify.

Explore More About Stock Order Types

New to stock investing and want to know more? We’re here to help. Visit our Education Center to learn more about investing in stocks.

AdChoices

Execution price, speed and liquidity are affected by many factors, including market volatility, size and type of order and available market centers. You are responsible for all orders entered in your account when a trigger you set is activated. Please make sure you keep sufficient funds or positions in your account to support the trigger.

Investing involves risk, including loss of principal.  When redeemed, an investment may be worth more or less than the original investment amount.

With a stop limit order, you risk missing the market altogether. In a fast-moving market, it might be impossible to execute an order at the stop-limit price or better, so you might not have the protection you sought.

Trailing stop and stop market orders will not guarantee an execution at or near the activation price. Once activated, they compete with other incoming market orders.

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