What is a Stop Order?

A stop order is an instruction to submit a buy or sell market order if and when the market price deteriorates to a specified price.

A stop order does not guarantee a specific execution price and may execute significantly away from its stop price.

A sell stop order is entered at a stop price below the current market price to limit the loss on a long position or protect its profit.

A buy stop order is entered at a stop price above the current market price to limit the loss on a short position or protect its profit.

Please note that only limit orders are supported during extended hours trading sessions.

You will not be able to place an extended hours stop order and any existing stop orders will not be triggered if a stop price is reached during extended hours.