Just like with buying, there are different types of sell orders for your stocks. These are automatically defined depending on when the order is placed.
- Market sell: This order sells your stocks immediately at the current price during market hours. If it is not completed, it will remain active until 3 pm CST on the next business day. If the price does not match the one you confirmed, we will cancel it to protect your investment.
- Limit sell order: This allows you to set a minimum price for the sale. Your order will only be executed if the stock price is equal to or higher than the price you set. This helps you secure a profit or limit a loss. The order will remain active until 7 pm CST on the next business day. If by that time the price does not match the value you confirmed, the sale will be canceled to protect your investment.
- Scheduled sale: This order is completed when the market reopens. If the price changes by more than 5%, the sale will be canceled to protect your investment.