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A stop order directs the purchase or sale of a stock once it reaches a specified stop price. When this price is met, the stop order converts into a market order and executes at the next available price, which may differ from the stop price.

With a sell trigger order, you set a price below the current market value. If the price drops to your trigger price, the position is closed. The execution price can vary from the trigger price.

For example, if stock X is trading at $5 per share and you set a sell stop order at $4, if the price drops to $4, the shares may be sold at the next available price. If the price remains above $4, your order is not executed.

• Go to Invest on the bottom menu
• Tap 'Trade' and select your desired instrument
• Tap 'Buy' or 'Sell'
• Tap the dropdown menu and select 'Stop order'
• Enter your desired limit price

Good-till-cancelled (GTC) orders are supported, allowing you to set expiry dates up to 90 days.

You can choose from 4 options to expire:

• On the same day
• In 90 days
• Select a custom date within the next 90 days