WebMar 21, 2024 · Summary. A stop-limit order is a trade tool that traders use to mitigate risks when buying and selling stocks. A stop-limit order is implemented when the price of stocks reaches a specified point. A stop-limit order does not guarantee that a trade will be executed if the stock does not reach the specified price. WebTo help you manage this risk, Phemex offers tools such as take profit and stop loss conditional orders. With these orders you can define and improve your trading strategies while maximizing opportunities for profit. Since May of 2024 Phemex also offer an innovative zero-fee spot trading service.
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