How Do I Sell Stocks on Fidelity Investments?
Fidelity offers an excellent selection of assets from stocks, ETFs, options to fixed income and cryptocurrency. It also provides a wealth of educational resources and research tools to help investors make informed decisions. You can access market insights, investment research, and educational materials to help you better understand your options regarding buying and selling assets. The steps outlined provide a great starting point when looking to maximize your returns through the sale of stocks.
Fidelity Investments is a well-rounded and regulated US brokerage firm providing various investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more. Its zero-fee index funds, comprehensive research offerings, and easy-to-use platform make it an excellent choice for investors of all skill levels.
If you're wondering how to sell stocks on your Fidelity Investment account, this guide provides easy-to-follow steps to get started.
Easy Steps to Sell Stocks on Your Fidelity Investment Account
Fidelity allows investors to buy and sell individual stocks on major stock exchanges worldwide. The brokerage firm provides an online platform that allows you to manage your investments, including selling stocks, with ease.
Here are a few steps to sell your stocks on your Fidelity Investment account:
- Log into your Fidelity Account: visit the Fidelity website and log into your account using your username and password.
- Navigate to an investment portfolio: Once logged in, navigate to your account overview page to access your portfolio. The portfolio reveals the list of all the stocks you own.
- Choose the stock to sell: The next step is to select the stock you want to sell from your portfolio. Click on the stock name or symbol to access detailed information and insights.
- Select the sell option: Navigate to the sell or trade button located near the stock information. Clicking on this option initiates the selling process.
- Specify the sale: You're prompted to provide details regarding the sale. This includes the number of shares you want to sell and the type of order you're placing. There are different order types you can pick from, such as a market order and a limit order.
- Review and confirm: Review the order details carefully to ensure accuracy. Check the selling price, quantity, and any associated fees. Once you are satisfied, click "Confirm" or "Place Order" to execute the sell order.
- Confirmation and settlement: After confirming the order, you receive a confirmation message indicating the order has been placed. The sale is processed, and the proceeds from the sale are typically deposited into your Fidelity account within a few business days.
Contact Fidelity Investment
You can sell your stocks on Fidelity Investment by phoning a customer support agent. The agent takes you through all the steps required to complete the process quickly and seamlessly.
How Long Does It Take To Sell Stocks on Fidelity?
Trading for the stocks and ETFs closes at 4 p.m. ET, but you can continue trading in the after-hours market. Generally, it takes one to two business days to sell stocks in Fidelity Investment. The short duration makes ETFs and stocks more suitable for investors who plan to trade more actively than those looking to buy and hold for the long term.
How Much Does It Cost to Sell a Stock on Fidelity?
Fidelity doesn't charge a fee or commission on stock or ETF trades. It's eliminated most account fees, including transfers, account closing, and wire and check fees. However, options result in a $0.65 fee per contract traded, with no cap on the cost.
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