Can you put a stop limit sell on a stock? / How do I set up a stop limit order?

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Stop Limit (Stop Limit Sell) Orders can be used if you want to specify the price at which a sell order is triggered, and subsequently, specify the price at which you would like it to execute. This order type requires the selection of two prices: a stop price (which designates when the order is activated), as well as a limit price (which designates the minimum price at which a sale would be executed). 

SoFi’s stop limit orders are “all or none” - we cannot complete partial fills. This means the market will have to fill all of your requested shares, at your limit price or better, for the order to go through. 

These orders are also automatically designated as Good 'Til Cancelled (GTC), meaning the order will remain pending on the account for 12 months unless canceled, or a corporate action was to occur. SoFi currently only supports stop limit orders for whole shares during market hours.

Submitting a Stop  Limit Sell order on the Web:

  1. You can select ‘Stop limit’ by clicking on the ‘Order Type’. You will then enter the number of shares you would like to sell.
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  2. Stop Price is the price that will trigger the order to become active and will become a Limit order.
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  3. Stop Limit Price is the minimum price at which a sale would be executed. If the limit price is not hit, the order will not execute.
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  4. Once you have entered your Stop price and Stop limit price, you will be able to review your trade and submit it.
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Submitting a Stop Limit Sell order on the App:

  1. On the security’s tearsheet, you will tap on “Trade” in the bottom right corner of the screen and select “Sell”.


  2. On the next screen you can select ‘Stop limit’. You will then enter the number of shares you would like to sell.


  3. Stop Price is the price that will trigger the order to become active and will become a Limit order.

  4. Stop Limit Price is the minimum price at which a sale would be executed. If the limit price is not hit, the order will not execute.

  5. Once you have entered your Stop price and Stop limit price, you will be able to review your trade and submit it. 

  6. Your Stop Limit trade will be in your pending activity for 12 months unless triggered/executed or canceled.

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