Limit orders allow you to buy fractions automatically. You choose an preferred asset, the number of fractions, your desired price and a validity period. As soon as an offer at or below your desired price becomes available, the purchase is executed against the best available offer.
A Limit Order does not guarantee execution. If several customers create the same order, the order created first is prioritised. You can find the current status of your order in the app.
How do I create a limit order?
You can place a limit order in the Trading tab.
Open the “Trading” tab in the app and select “Limit Orders”.
Tap “Set Limit Order”.
Select the asset, number of shares, desired price and validity period.
Tap “Continue”, review the details and confirm the order via the tab "Place chargeable order".
The Limit Order is only considered created once the app displays a confirmation or a corresponding order status.
Reviewing or deleting a Limit Order
You can find your open orders under “Trading” > “Limit Orders”. To delete an open order, tap the bin icon next to the relevant order. Orders that have already been executed cannot be deleted.
If the process stops with an error message or the order status remains unclear, see "Why can’t I create a Limit Order?" for the next steps.