Additional cash / security buffers
Upvest adds a +10% buffer to nominal sell orders and unit by orders
Order Type | Reason |
---|---|
Nominal sell order | To account for possible price fluctuations, Upvest adds a 10% buffer, i.e. the order is processed if it is estimated to be no more than 90% of the user's current position. |
Unit buy orders | To ensure sufficient cash balance to purchase securities, i.e. the order will be processed if it is estimated to be no more than 90% of the user’s cash balance. |
Orders may be cancelled by Upvest in the event of insufficient cash balance or insufficient securities. However, it is important to note that if an order is cancelled by Upvest, the order can never be executed or placed again, so you can safely place the order again.