Cancel or replace an order | Robinhood

Cancel or replace an order

After placing an order, you might have the option to cancel or replace it before it’s executed within the app.

You can cancel any pending order. However, you currently can only replace a pending stop order or a limit order with a new order for the same order type (stop or limit) it’s replacing.

Keep in mind

You can only cancel or replace pending orders in the app. You can’t replace an order that’s been executed in the market or in your account through the web.

To cancel or replace a pending order in the app:

  1. Select AccountHistory
  2. In Pending, select the order to cancel or replace (if applicable)
  3. Confirm the order details, and then select:
  • Cancel order (last step if canceling)
  • Replace order (if applicable)
  1. If replacing an order, change the price or other eligible fields
  2. Select Continue
  3. Select Review, and then swipe up to submit
  4. Select Done or View order if you want to replace with this new pending order
Note

Even if you try to cancel or replace a regular-hours order (good-til-canceled or good-for-day) for a NASDAQ-listed stock between 9:25 AM ET and 9:30 AM ET, we’ll keep the order open in the pending state until the opening cross for the stock. The opening cross usually happens at 9:30 AM ET. This is a NASDAQ rule that we can’t change, so be sure to cancel or replace your pending order before 9:25 AM ET to avoid an execution.

Cancel a pending fractional order

You can cancel a pending fractional order the same way as you would cancel a pending whole-share order. However, you can’t replace a fractional order.

Also, the following are a few times when you can’t cancel a pending fractional order:

  • During a trading halt: If a security or the market overall is experiencing a trading halt, you may have the option to cancel pending fractional orders, but the cancel requests won’t be processed until the halt is lifted. These halts aren't Robinhood’s decision and the timing of them is beyond our control.

  • Between 9:20 and 9:30 AM ET: If you placed a fractional order outside of trading hours and you want to cancel it prior to market open, you must do this before 9:20 AM ET. You can’t cancel fractional orders between 9:20 and 9:30 AM ET because it's too close to the market open.

Note

If you place a fractional order and it’s routed to a market center but a trading halt goes into effect before the order executes, you can't cancel it. The order will execute when the halt is lifted.

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker-dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Review a list of RHC licenses for more information.The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information. Credit card products are offered by Robinhood Credit, Inc. ("RCT") (NMLS ID: 1781911) and issued by Coastal Community Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Robinhood Gold is offered through Robinhood Gold, LLC (“RHG”) and is a subscription offering premium services available for a fee.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

RHF, RHY, RHC, RCT, RHG, and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT, RHG, and RHS are not banks. Products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. RHC isn’t a member of FINRA and accounts are not FDIC insured or protected by SIPC.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

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