Buy
HeyTrade offers you a wide variety of companies so that you can invest in the main markets and asset classes safely and at a very low cost.
Investing with our app is super easy:
Access the 🔎 Search tool to locate the company you are interested in buying.
Click on the orange "Buy" button at the bottom of the screen.
From there you can select whether you want to place a market order or a limit order. You can see the available orders here.
Select the number of shares and, in the case of limit orders, you will also have to indicate the limit price and the validity of your order with a maximum of 30 days from the current date.
Click on "Review order" to view all the details of your purchase as well as expenses and commissions.
If everything is correct, press the "Press and hold to confirm" button for a few seconds to verify.
Since the price of a stock can vary from the time an order is placed until it is executed, before placing a purchase order you must have an available balance of at least 103% of the transaction.
In both market and limit orders, the time it takes for an order to be executed is only a matter of seconds. Keep in mind that mobile operators and transatlantic lines are involved in the process and, in some cases, there may be a few seconds delay in the response.
And that's it! We will send you an e-mail with the details of the operation, which you can also check in the Transactions section.
Sell
If buying is easy, selling is even easier. Let's get started:
Access your Portfolio and locate the position you want to sell.
Click on the orange "Sell" button at the bottom of the screen.
From there you can select whether you want to place a market order or a limit order. You can see the available orders here.
Select the number of shares you wish to sell and, in the case of limit orders, you will also have to indicate the limit price and the validity of your order with a maximum of 30 days from the current date.
Select the number of shares and
Click "Review order" to view all the details of your sale as well as expenses and commissions.
If everything is correct, press the "Press and hold to confirm" button for a few seconds.
That's it! Once your sale is executed, the money will appear in your account within seconds so you can trade again. You'll also receive an email confirmation with the details of the transaction, which you can find in the "Transactions" section.
Key points to remember💡
About fund availability
When you sell shares, the settlement process is completed on T+2 (two business days after the sale). This means the sale amount will be immediately available for you to trade with, but you won't be able to withdraw it until two days after the transaction.
About order execution
Orders are usually executed in a matter of seconds, although there might be a few seconds of delay during periods of high volatility.
About limit orders
It's important to know that a sell limit order does not function as a stop-loss.
If you set a price below the current market price, the sale will be executed immediately, as the system considers the current price to be better than the one you requested.
Your limit order will only remain pending if the price you set is higher than the current trading price at that moment.
We hope you have found this information useful. If you have any questions, please write us through our chat or send us an email to support@heytrade.com. It will be our pleasure to help you! 😊