Advanced Dealing (TradePlan)

Halifax Share Dealing's Advanced Dealing (TradePlan) tools help you take control of risk and make the most of the rise and fall of the stock market, without having to keep a constant eye on share prices.

Choose from our range of five different TradePlan's...
Limit Order	A Limit Order lets you set a price above which you will not buy and below which you will not sell investments
Stop Loss*	A Stop Loss order lets you set a price to sell shares which is lower than the current price. It aims to protect you from falls in a share price.
Target Setting	Use Target Setting to maximise profit when share prices rise and protect against losses when they fall. This TradePlan is a combination of a Limit Order to sell at a higher price than the current price and a Stop Loss order to sell at a lower price than the current price.
Range Trading	Use Range Trading to specify the prices which you wish to buy and sell a particular stock without the need to constantly watch share prices. It's a combination of two Limit Orders, one to buy shares at a lower price than the current price, and one to sell them at a higher price.
Price Locking*	Use Price Locking to track a rising share price and protect you if the price begins to fall. It is an intuitive Stop Loss order that automatically adjusts your stop price to lock in rises when shares climb and protects you from sharp falls.

Set up your TradePlan instruction online or by telephone then leave the rest to us. When market conditions match your requirements, TradePlan will execute your instruction automatically. You can amend or cancel a TradePlan order at anytime before it expires.

Please note TradePlan is only available on CREST eligible UK investments.

How much does it cost?

When you set up a TradePlan we will make a charge of £2, but if a trade is executed, we’ll reduce the commission on that trade by £2. For example, for a TradePlan order placed online, you will pay a £2 TradePlan fee taken when you set up the plan and £9.95 reduced commission taken when the deal executes. All deals executed within a TradePlan are at the reduced rate.

A charge of £2 will be made each time you amend the plan. If your TradePlan expires before it has been executed then the £2 charge will not be refunded. You can cancel a TradePlan at any time without an additional charge.

TradePlans on our Self-Select Stocks & Shares ISA and SIPP are FREE, so there’s no reduction in commission on the deals executed.

*Our Stop Loss and Price Locking facilities do not use a guaranteed stop loss. When the share price reaches your Stop Loss price, your order will go into a queue to be actioned. This means that the price dealt may, on occasion, be either higher or lower than the trigger price.

Please remember the value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested. If you're in any doubt about the suitability of any of our products, or whether to buy or sell shares, you should consult an appropriate Financial Adviser.

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