Skip to content
On Monday, February 19, 2024, ToledoTrade and all United States exchanges will be closed in observation of Washington's Birthday. Click for more details.

What is an all or none order (AON)?

An all or none order attribute specifies to fill your order all at once or none at all. An all or none order does not take any partial order fills. ToledoTrade will typically route the order to the native exchange, or hold the order if an all or none qualifier isn’t supported. When held, Toledo Trade will attempt to simulate orders as follows:

  • For US stock orders: The NBBO must qualify limit price AND the NBBO size must be equal to (or greater than) the order size + 1000 shares.
  • For US options orders: The NBBO must qualify limit price AND the NBBO size must be equal to (or greater than) the order size + 10 contracts.

For example, an AON order to buy 1500 shares of ABC at $10.00/share will be held until the NBO qualifies (is less than or equal to $10.00) and the NBO size is equal to or greater than 2500 shares.

The order will remain active until it either executes or is canceled. The AON attribute can be used in conjunction with the basic order types and all times in force.

Jason Toledo

Jason brings more than 15 years of experience in online trading. Prior to starting ToledoTrade in 2019, Jason held senior and executive level positions at Scottrade, OptionsHouse and Zacks Trade. Jason is passionate about educating self-directed traders and is a leader and expert in the online trading industry.

See Why Our Clients Love Us*

I’m able to trade US stocks from NZ very inexpensively and they also have great software and great support. No complaints at all!

Lei Y
New Zealand
Rating: 5.0

I just started with ToledoTrade, and I was shocked at the service and pricing. The platform is user friendly and very custom to each trader’s needs. Much better than large companies.

John L
United States
Rating: 5.0

“High quality and high touch levels of support. Very responsive to any issues. No monthly platform or inactivity fees.”

Muzammil S
United Arab Emirates
Rating: 5

“Very patient and caring. Helps you with anything you need. Great place to do business!”

Mary K
United States
Rating: 5.0

“I highly recommend ToledoTrade! If it wasn’t for ToledoTrade I wouldn’t be where I am right now with my trading. They are very attentive to my needs and always go beyond what is expected of them. I highly recommend ToledoTrade.”

Jerry K
United States
Rating: 5

“You are recognized as a person at ToledoTrade. All questions are answered promptly and honestly. You will be a stress free investor.”

Kathie B
United States
Rating: 5

“ToledoTrade is simply the best broker. The commission fees that they charge for buying and selling stocks is very cheap. The trading app (Handy Trader) that they have is amazing. They provide excellent customer service. I truly recommend ToledoTrade for you.”

Fadi B
United Arab Emirates
Rating: 5
* Testimonials appearing on this site are not considered paid testimonials and are actual client submissions based on individual experiences or clients who have used our products and/or services. However, individual results vary and are not necessarily representative of all those who will use our products and or/services. These testimonials are in no way guarantees for future performance or success. The testimonials displayed are given verbatim except for correction of grammatical or typing errors. Some have been shortened. In other words, not the whole message received by the testimonial writer is displayed, when it seemed lengthy or or the entirety of the testimonial did not seem relevant for the general public. ToledoTrade is not responsible for any of the opinions or comments posted to our site.

Securities and futures offered through Gar Wood Securities LLC. Member FINRA | SIPC | NFA. Check the background of Gar Wood Securities LLC DBA ToledoTrade on FINRA’s BrokerCheck.

ToledoTrader Logo White

We support clients from most countries all over the world. Stop paying your stockbroker so much in commissions, and make the switch to ToledoTrade today.

Contact Us

Monday – Friday
(excluding market holidays)
9 AM EST – 4 PM EST

727.339.6868
727.339.6867
Main HQ:
1250 E Diehl Rd STE 115 Naperville, IL 60663
Branch Office
600 1st Ave N STE 314 St. Petersburg, FL 33701
No appt. required.