Ask Colin

Is there a stockbroker that accepts stop orders for shares?

Full service brokers: I am told there are a few take limited stop orders. However, I believe it is only for good (read large) clients and there is nowhere near the flexibility in types of stop order possible in futures. One reason is that there is not the same leverage and therefore the same risk.

On-line brokers: Many have the facility to place stop orders to sell or to buy, so this may be what you are looking for. I use CMC Markets Stockbroking and they have this facility. However, I have never had to use it.

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