Limit & Stop Orders FAQ

Can I modify or cancel my orders?

On web or mobile, open the Open Orders list, select your order, and choose Edit or Cancel.

What happens if the market gaps past my price?

If a gap skips your limit price, the order stays open until the price returns or expires. A stop order becomes a market order and fills at the next available price, which may differ from your stop.

Will stop orders always protect me?

Stop orders help limit losses, but they can still slip in fast or illiquid markets. For tighter control, use a stop-limit order with a minimum fill price.
When should I use a stop-limit versus a trailing stop?

Use a stop-limit to guarantee a minimum exit price in volatile conditions. Use a trailing stop to lock in profits as the trend moves in your favour.

Disclaimer:
AVA guarantees all Limit orders will be executed at the specified rate, not a better rate. AVA does not guarantee it Stop Losses and Trailing Stop. If there is a sharp market move, and the current price of an instrument breaks through the client’s Stop Loss or Trailing Stop rate, the order will be executed at the next available price.

Limit & Stop Orders

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