Stop Loss on Share Dealing Position

[Guest Ketan]

Hello,

Relatively new trader here - the tutorials on Stop and Limit orders are clear, however on a Share Dealing account can you not set a Stop to an existing position? Or at all? When selecting 'Sell' the Stop order option is available.

Sorry if this may seem obvious to some, on the Help section it states that IG only provide this function to Spread bet and CFD accounts, if this is the case why is the option visible on the Share Dealing platform?

Thank you,

Ketan

[Caseynotes]

7 hours ago, Guest Ketan said:

Hello,

Relatively new trader here - the tutorials on Stop and Limit orders are clear, however on a Share Dealing account can you not set a Stop to an existing position? Or at all? When selecting 'Sell' the Stop order option is available.

Sorry if this may seem obvious to some, on the Help section it states that IG only provide this function to Spread bet and CFD accounts, if this is the case why is the option visible on the Share Dealing platform?

Thank you,

Ketan

Hi, I think the problem is with the exchange, so you should be able to set a stop order once the trade has been opened, I don't think they do trailing stops either so you would need to adjust it on a regular basis.