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