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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 'Max' to automatically fill in the maximum quantity you can sell,
  3. Click '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 available once the trade has settled — this normally takes 2 trading days. The funds will be deposited into your USD current account.