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?
Register for a personal philoro customer account or log in directly.
Select your desired product and click on Limit Order.
You will be redirected and can customize your limit order in terms of order type, expiry time, and unit price according to your preferences.
After placing the limit order, all you have to do is fill in your personal details and confirm the order.
You can view and manage your orders at any time in your customer account.
Example of a limit order – purchase of a Gold Philharmonic 1oz coin
However, you would like to purchase it 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.