There is no cost for placing a stop order if the order is never executed.

Name: There is no cost for placing a stop order if the order is never executed.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A stop order is a type of order placed with a broker to buy or sell a security when it reaches a certain price. If the stop order is never executed, there is no cost involved. However, if the stop order is executed, there may be fees or commissions charged by the broker.

There Is No Cost for Placing a Stop Order If