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Closing my stock position

If you want to close your entire stock position, you must submit a quantity-based order rather than a price-based order.

For example, if you have 0.482 units of AAPL (worth $79 in current market value) in your investment account, and you want to sell all of it:

  1. Click the 'Sell' button
  2. Submit a quantity-based order on the AAPL cell - you can either manually enter 0.482 or select 'Sell all AAPL' to automatically fill in the maximum quantity you can sell
  3. Click the 'Sell AAPL' button to submit your order

If you use the USD cell to enter the current market value of $79, this will submit a price-based order. Due to fluctuating prices, price-based orders will not guarantee that your entire stock holding will be sold.

Withdrawing money to your current account is only possible once the trade has settled — this normally takes 1 trading day.

The funds will be deposited into your USD current account.