How stop loss orders work in general
A standard stop loss becomes a market order when the stop level is reached, which means the fill price can differ from the stop price in fast or gapping markets. This difference is called slippage. Some brokers also offer guaranteed stop losses on certain instruments, usually for an extra charge, and trailing stops that move with the price. Each variant has different behaviour and costs, so understand the mechanics generally before checking what Avatrade specifically offers.
- A standard stop loss does not guarantee the exit price, only that an order is triggered
- Price gaps, such as those over weekends or around news, can cause fills beyond the stop level
- Guaranteed and trailing stop variants, where offered, have their own terms and possible charges


