Limit order – stop loss
You determine the target price.
What is a limit order?
With a limit order, customers with a customer account can make a purchase or sale that is to be executed in the future – at a price that you yourself set for the product. If the current price falls below or exceeds this fixed price, a binding order process is triggered. You can also adjust or cancel your limit order at any time in the customer portal.
How do you place a limit order?
1. Log in to your account: Register for a personal philoro account or log in directly.
2. Select a product: Choose the product you want and click on “Limit Order.”
3. Set the limit order: You will be redirected to a page where you can customize your limit order (stop loss) according to your preferences regarding order type, expiration time, and unit price.
4. Personal information: After placing the limit order (stop loss), all you need to do is fill in your personal information and confirm the order.
5. Active limit order: In your customer account, you can view and manage your orders at any time.
Example of a limit order – purchase of a Gold Philharmonic 1oz coin
You would like to purchase the Gold Philharmonic 1 ounce at a price of €2,936.
You can now place a limit order or stop loss order at €2,936 for a period of 30 days. As soon as the price reaches or falls below the specified level within the set time period, the limit order is triggered.
You will receive immediate confirmation of your order and an order confirmation once your offer has been accepted.
Example of a limit order – sale of a silver Philharmonic 1oz coin
The silver Philharmonic 1 ounce coin currently has a selling price of €33 (as of August 12, 2025).
However, you would like to sell it at a price of €40. You can now place a limit order or stop loss order at €40 for a period of 30 days. As soon as the price is reached or exceeded within the specified time period, the limit order is triggered.
You will immediately receive a sale confirmation and an order confirmation after your offer has been accepted.
FAQ - Frequently asked questions about Limit Order
You select your desired product, for which the purchase or sale is to be executed in the future – at a price that you yourself determine for the product. If the current price falls below or exceeds this fixed price, a binding order process is triggered. In addition, you can adjust or cancel your limit order at any time in the customer portal.
If a limit order is not triggered within its validity period, it will be set to inactive.
A desired price is set via the limit order directly under the desired product by specifying a specific price when buying or selling.
The order will only be executed if the specified price is reached, and the limit order is active.