Home FAQs Uncategorized Can I cancel a Limit Order?

Can I cancel a Limit Order?

Your Limit Order can be cancelled or changed anytime before your target rate is reached by contacting an OFXpert by phone.

Please note: once your Limit Order target rate is reached, the deal is booked and guaranteed for you. This means the deal becomes legally binding when the market hits your target rate and OFX cannot cancel the Limit Order.

If you book a Limit Order, it may mean losing out if the market rate continues to move beyond your target.