What stocks/ETFs are not eligible for Stop Loss orders?
Here’s a summary of the main problem and solutions discussed:
- Main Problem: The user is unable to create a Stop Loss order for an ADR due to an error message indicating that the security is not compatible with Stop Loss orders.
- Solution: Stop orders are not always accepted; eligibility can depend on market conditions and specific securities, but there is no definitive list of ineligible securities.
- Recommendation: For more detailed information, the user is encouraged to read about order types and conditions on Fidelity’s website.
- Further Assistance: The user is advised to contact Fidelity’s trading team for more specific inquiries regarding their issue.
Here’s the full thread
I’ve tried to create a Stop Loss order for an ADR, but an error message pops up saying that the security is not compatible with Stop Loss orders. Is there any defined list of securities that Stop Loss orders can’t be created for? Thanks.
Thank you for reaching out, @MLG. I’ll provide you with some information today.
So you know, stop orders are not always accepted. The specialists on the various exchanges and market makers have the right to refuse stop orders under certain market conditions. Not all securities are eligible for stop orders, though we do not have a list. You can read more using the link below.
Order Types and Conditions: https://www.fidelity.com/webcontent/ap002390-mlo-content/19.09/help/learn_order_types_conditions.shtml
If you would like to talk more about specifics, we recommend speaking to one of our trading team members.
Contact us: https://www.fidelity.com/customer-service/contact-us
Please let us know if you have additional questions for us. We’re happy to help. 🟢