Follow these steps to sell stocks on eToro:
- Open etoro.com, and log in to the platform
- Either on the web platform or on the mobile trading platform, click on your portfolio, and click on the item you want to sell
- Close your position, and buy something else or choose to withdraw your money
How to invest in stocks with eToro?
To place a trade, you need an investment account with a stock broker or investment platform. At eToro, investing in stocks is a straightforward process. eToro’s platform is easy to use and offers zero commissions as well as low minimum investments. This means that investing in stocks is something that anyone can do.
How do I Sell my stocks?
How do I sell stock? You can use your portfolio page to see the stocks you hold. Tap on the asset you want to sell. All of your positions (also referred to as lots) for that asset will be displayed. Click the red “X” or swipe left next to the position you wish to close.
How do I Close a position on eToro?
Click on the red X next to the position you wish to close. (On the eToro mobile app, swipe left on the position you wish to close and tap the red X .)
How do I enter a sell order for an asset?
Tap on the asset you want to sell. All of your positions (also referred to as lots) for that asset will be displayed. Click the red “X” or swipe left next to the position you wish to close. Confirm your choice. Note, for the time being, you may only enter sell orders for stocks during market hours.
Why can't I sell stock on eToro?
The sell option is not available for volatile stocks. Hence, it is greyed out for any high-risk stock. The sell option is also disabled after trading hours, and if there is no more stock to sell. Not all markets are available for trade at the moment on eToro.
How do I sell in eToro?
Select the stock you own and want to sell. Click on the red cross on the right side area to close the trade. A pop-up will open displaying the stock's value and showing the profit or loss you'll make by selling the stock. Click on 'Close Trade' to sell, and the money will be added to your eToro account.
How do I sell my profit on eToro?
To do so, follow these steps:Click on the relevant trade in your Portfolio to open the Edit Trade window.Click on TAKE PROFIT. If there is currently no Take Profit and you wish to add one, click Set TP.Adjust your Take Profit setting.Click Update in order to save the change.
How do I sell one share on eToro?
How do I close / sell a position?Click on "Portfolio" to see all the instruments you are currently trading.Click on the relevant instrument to see the breakdown into individual positions.Click on the red X next to the position you wish to close.
How do I buy and sell on eToro?
Buying a stock outrightHead to our Markets page, and then select Stocks to access the full list of stocks that are available to trade.Select the stock that you wish to invest in, then select Trade.Select BUY.Enter the amount of money you wish to invest in the stock or the number of units of stock you wish to buy.More items...
Is closing a trade the same as selling?
“Closing a trade” means terminating an investment. In the laymen's terms it would be called “selling” a stock or a financial asset. Selling an asset, synonymous with “short selling”, means entering into a contract with a broker, or simply an investment, where you believe an asset will decline in value.
Can I withdraw my profit in eToro?
No problem! Customers may withdraw funds from their eToro account at any time. Funds can be withdrawn up to the value of the balance of your eToro account, minus the amount of margin used. Funds are withdrawn using the same method, and sent to the same account, as previously used for your deposit.
What happens if I take profit on eToro?
A Take Profit (TP) is an instruction to close a trade at a specific rate if the market rises, to ensure your profit is realized and goes to your available balance. Note, take profit orders are not available on stocks in the US.
How do I close a trade on eToro?
Go to your Portfolio here (or enter your eToro account and click Portfolio in the left-hand menu) to see all the instruments you are currently trading. Click on the relevant instrument to see the breakdown into individual positions. Click on the red next to the position you wish to close.
What is a sell position?
A SELL trade closes at the BUY price. In other words, opening a SELL position on an instrument you are already trading will not close your BUY position. Each position is a unique investment.
How much is eToro withdrawal fee?
a $5 feeYes, all withdrawal requests are subject to a $5 fee. Any withdrawals sent in currencies other than USD are subject to conversion fees.
When should you close a position?
Traders will generally close positions for three main reasons: Profit targets have been reached and the trade is exited at a profit. Stops levels have been reached and the trade is exited at a loss. Trade needs to be exited to satisfy margin requirements.
Selling on eToro
eToro allows you to trade stocks without commissions, and it's simple to sell on eToro. All you have to do after logging onto the platform, or the mobile trading platform, is access your portfolio, select an instrument, select the sell option, and close the deal.
What Is Short Selling?
When markets are down, short selling is a great way to make a profit. It’s a strategy that allows traders to create a position that will increase in value if the price of a financial asset falls. This is used as a hedging tool or when markets are dropping.
How To Open a SELL Position on eToro
Creating a short position on eToro is simple. To do so, simply open a trade and change the toggle from “BUY” to “SELL”. The position will open as a short-selling position once you do that and open your trade. The position will display in your portfolio as a “SELL” position after you open it.
Closing a Trade on eToro
You can only close trades that you currently own on the eToro platform. Let's assume you purchased or sold positions in DIS (The Walt Disney Company) last month and made a decent profit today. To lock in the profits and close your trade, simply go to your portfolio and choose “DIS” from the list of stocks.
How to sell crypto on eToro?
Selling cryptocurrency on eToro is pretty much the same as selling other assets. Here are the steps to sell crypto on eToro:
Things To Keep in Mind
You want to be mindful of 6 main points in the Open Trade if you open a SELL position.
About the author
Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”.
Step by step: How to sell stocks on eToro
eToro offers commission-free stock trading. Account opening is fast and seamless.
Author of this article
Eszter is a Brussels-based content editor and writer with over fifteen years of experience in journalism. She thrives in researching complicated issues and explain their essence in a plain and clear language to guide you through the world of finance.
Can Users Sell on the eToro Crypto Exchange?
eToro’s crypto exchange allows users to buy and sell various cryptocurrencies. Apart from Bitcoin, you’ll find many other cryptocurrencies such as Ethereum, DASH, XRP, and more.
How to Sell Stocks on eToro
When it comes to selling stocks on eToro, things can get a little confusing because there are two different options on the platform—“short selling a trade” and “closing a trade.” Let’s first understand the difference between these options.
How to Short Sell on eToro
As we mentioned earlier, short selling means you sell the stock first and then buy it back later. So you’re selling a stock you don’t even own, which means there’s no point in going to the Portfolio section. Instead, follow these steps:
How to Close a Trade on eToro
We already explained that closing a trade means simply selling a stock you own. And the process of closing a trade is pretty much the same as the steps we explained earlier when explaining how to sell crypto.
Conclusion
eToro is a huge trading platform with millions of users, and it’s a great way to get started with trading. You can also find educational material on eToro designed to help beginners learn more about trading. There’s a demo account feature where you can practice trading with virtual money.
How to place a trade on etoro?
To place a trade, you need an investment account with a stock broker or investment platform. At eToro, investing in stocks is a straightforward process. eToro’s platform is easy to use and offers zero commissions as well as low minimum investments. This means that investing in stocks is something that anyone can do.
How long do traders hold stocks?
Traders hold stocks for a much shorter period of time than investors, often buying and selling within weeks, days, or even hours. Instead of focusing on the company’s long-term prospects like investors do, traders focus on which direction the stock is likely to head in next and try to profit from that move.
Why do people invest in stocks?
Investing in stocks. The goal of investing in stocks is generally to build wealth over the long term. Investors will often hold stocks for years, or even decades, with the aim of generating substantial profits from both rising stock prices and dividends over time.
What are the risks of investing in stocks?
Risks of investing in stocks include market risk, stock-specific risk, and liquidity risk. Investing in stocks on eToro is a straightforward process. eToro’s platform is easy to use and offers zero commissions as well as low minimum investments.
Why is investing in stocks important?
Investing in stocks can be one of the most effective ways to grow your wealth over time. While stocks can be volatile in the short term, in the long run they tend to provide much higher returns than other assets such as government bonds and cash savings.
How are stocks driven?
Historically, stocks have delivered excellent returns to investors over the long term. Stock prices are driven by supply and demand. Supply and demand can be influenced by a number of factors including company news, economic developments, and investor sentiment. There are many different approaches to investing.
How does trend trading work?
Trend trading: this strategy aims to generate profits by analysing a stock’s trend. A trend occurs when a stock moves in one direction for a long period of time. Once you have identified the trend, it may be possible to profit from it by trading in the same direction as the trend.