Can buy or sell shares at a set price?
Yes! Pearler allows you to place limit orders for manual AU & US share orders.
You can place limit orders by specifying a limit price on the "Buy" screen (click "Advanced") when making an investment on Pearler. Most limit orders have an expiry of 30 days before the order is automatically cancelled.
With a limit order, you set the price at which you are happy to buy or sell at. It doesn’t matter what the current market price is, you will only trade at a price that is acceptable to you.
For a buy order, you would set a price below the current market price to try and get the shares at a cheaper price.
For a sell order, you would enter at a price higher than the current market price to try and get a better sale price.
If you want to edit the limit price, you will need to cancel and replace the order.
If you have any questions, feel free to reach out via our live chat function :)
Hayden Smith
14 January 2021