Stock Trading and Other Things

Do stock brokers charge commission for stop loss orders not executed?

If I scoot my stop loss order up based on an R-multiple will I be charged commission for placing all of the orders or just the one that is actually executed?

Public Comments

1. It should be the actual order executed.

2. No only when the trade is completed

as far as UK brokers i have used are concerned

3. No

4. No. They only charge for orders that are executed (actually occur).

If you do place a limit order for 1000 shares and only 500 get purchased because only that many shares trade at your limit, you will still get charged the commission.

5. You normally pay commission on bargains or trades, therefore the answer is NO.

6. i know firstrade does not charge me if the order is not executed.