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How to sell a stock?

How to sell shares in Hapi: A step-by-step guide

Learn how to place a market sell order, which is an order to sell a stock immediately. Keep in mind that the last-traded price is not necessarily the price at which your market sell order will be executed. Your trade will be at the best available price when selling securities following the NBBO rule.

For more information on the types of orders available at Hapi go here.

How to sell a Stock:

  1. Access the details of a stock.

  2. At the bottom of the page, select the Sell button. Note: If you’re using the app, you’ll first need to select “Trade,” and then the “Sell” button will appear.

  3. Enter the quantity of shares you would like to sell or select the Sell All option.

  4. Review your order and confirm that all details are correct.

  5. Confirm, submit your order, and you're done!

Can I sell everything with a limit order?

Yes, as long as the value of the sale at your limit price is at least USD 5. Limit orders have this minimum amount.

If your position doesn't reach USD 5 at that price, you'll see the message “Use a market order to sell this quantity”. In that case:

  1. Change the order type to Market.

  2. Select Sell All.

  3. Review and confirm your order.

With a market order, Sell All has no minimum amount, so during regular market hours you can sell an entire position even if it's worth less than USD 5. Outside regular hours, only limit orders are accepted.

📌 Example (illustrative only; it does not represent real results or a recommendation): you hold 2 shares of XYZ.

  • With a limit sell order at USD 3 per share, the sale adds up to USD 6: you can submit it.

  • With a limit sell order at USD 2 per share, the sale adds up to USD 4: you'll see the message and can sell everything with a market order.

⚠️ With a market order you don't choose the price: it is executed at the best price available at that moment, which may differ from the one you see on screen.

Do you have any other questions about how to sell shares? You can contact our support team here. We're here to help!

Stocks and ETFs are offered by Hapi Securities LLC, member of FINRA and SIPC (CRD #311868); custody and clearing through Apex Clearing Corporation. Hapi is self-directed and does not provide investment recommendations. Investing involves risk, including the possible loss of capital.

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