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How Do I Sell Stocks on Interactive Brokers?

Sell stocks on Interactive Brokers by placing an order. When you place an order to sell a stock, you can enter it as either a market or a limit order. When you place a limit order, Interactive Brokers will set the price at which your shares are. Read on to learn how to sell stocks on Interactive Brokers.

1. Log In to Your Account

First, log into your account and click on Trade in the top menu bar. Next, click on the New Order button. This will bring up a new page with several tabs. Click on the Execution tab, then scroll down until you find the Sell button.

2. Select the Symbol That You Want To Sell

The best way to sell stocks is to select the symbol you want, enter the number of shares to sell, and click the Sell button. If you're selling multiple lots of the same stock, ensure you select the size before clicking Sell. You can also use limit orders to get a better price if you sell large stocks quantity.

3. Select Sell

Open a trade by entering the New Order page. Use the Buy/Sell drop-down menu to select Sell. The next two fields are mandatory. Enter the number of shares you want to sell and your desired price.

Enter the destination of your order in the Account field. You can choose from any accounts available in your account summary or click on Other Account to enter a different account number. Enter an optional limit price for your order in the Limit Price field and then click on Submit Order.

4. Specify How Much of a Security You Want To Sell

You can set the number of shares you want to sell or type in a price per share. When you visit the selling page, enter your login name and password. It will take you to a new page showing a list of the items in your account. To begin, click on the item you want to sell. Once you select an item, click on Sell Shares.

5. Confirm Your Information

Ensure that your information is correct. Enter the accurate number of shares to sell. Check the box for short sales (this is only applicable if this is your first time selling). If everything is correct, then you can click on Sell and confirm the trade.

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Christian has been writing about long hold times and customer service call center experiences since 2010. He's been featured in Bloomberg, the Wall Street Journal and the Boston Globe.

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Interactive Brokers

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