Category: 11. Stops and Limits

Guaranteed stops will close out your position at a set level, regardless of any slippage. Guaranteed stops are free to set, but you’ll be charged a fee if your guaranteed stop is triggered

Trailing stops follow favourable market movements to lock in profits, while capping your downside risk. However, they too can be subject to slippage

Normal stops will close out your position at a set level, but they could be liable to slippage if the underlying market price changes quickly