Guaranteed stop-loss orders

Guaranteed stop-loss orders (GSLOs) work exactly the same as regular stop-loss orders except that, for a small premium charge, they guarantee to close you out of a trade at the price you specify, regardless of market volatility or gapping.

# Forex Broker Year Regulator
1 XTB XTB 2002 BaFin, CNMV, CySEC, FCA, IFSC
2 City Index City Index 1983 ASIC, FCA, FSA, IIROC, MAS, NFA
3 Pepperstone Pepperstone 2010 ASIC, FCA
4 easyMarkets easyMarkets 2001 ASIC, CySEC
5 OctaFX OctaFX 2011 FCA UK
6 Core Spreads Core Spreads 2014 ASIC, FCA
7 Plus500 Plus500 2008 FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP
8 Spreadex Spreadex 1999 FCA
9 NordFX NordFX 2008 CySEC, VFSC
10 IG Markets IG Markets 1974 FCA, ASIC, FSCA, CFTC, NFA

What is the catch with using Guaranteed Stop Loss Orders?

Well, for a start they carry a hefty premium which is usually levied in the form of an extra point or two on the spread. Secondly, spread betting firms typically will only allow you to place guaranteed stops on the most liquid stocks;

Still not sure which broker? For a tailored recommendation, you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.