Hello
I am getting ready to invest bt have a question about the trade price.
Scenario: I want to buy a stock. I see it for £50 at 1pm. I know the proce can change until the time that Freetrade will execute its order. Can I set a limit so that the system does not buy a stock if it goes beyond a certain limit. For example, I only want to buy the stock if it is between £50 and £52.
No. Limit orders are not yet available.
Hello @safe
Welcome to the forum
Unfortunately limit orders are not available yet. But they are on the way. You can vote here
So how is the order executed? If the price has gone up to £70 at 4pm, I wouldn’t really want to buy the stock anymore. What control do I have over the execution at 4pm?
Instantly
There’s no 4pm batch trade any more
Just be aware of the bid/ask spread
But trades are instant and free
Have a read of Freetrade’s execution policy.
As others have said, trades are instant during trading hours and limit orders are on the Freetrade roadmap under ‘3-6 months’.
Limit orders are very much in the pipeline! But for now use an instant order, they are free.
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