How to Sell Stock on Fidelity: A Step-by-Step Guide
Selling stocks can be a daunting task, especially if you’re new to the stock market. However, with the right guidance, you can easily sell your stocks on Fidelity, one of the leading online brokers in the United States. In this article, we will provide you with a step-by-step guide on how to sell stock on Fidelity, ensuring a smooth and hassle-free experience.
Step 1: Log in to Your Fidelity Account
The first step in selling stock on Fidelity is to log in to your account. Go to the Fidelity website and enter your username and password. If you haven’t logged in before, you may need to set up a new account by following the on-screen instructions.
Step 2: Navigate to the Trading Section
Once you’re logged in, navigate to the trading section of your account. This can usually be found in the main menu or by clicking on the “Trade” button at the top of the page.
Step 3: Select the Stock You Want to Sell
In the trading section, you will see a list of your available stocks. Find the stock you want to sell and click on it. This will open a new window with detailed information about the stock, including its current price and the number of shares you own.
Step 4: Enter the Quantity of Shares to Sell
In the new window, you will need to enter the number of shares you want to sell. If you want to sell all of your shares, enter the total number of shares you own. If you only want to sell a portion of your shares, enter the number of shares you wish to sell.
Step 5: Choose Your Order Type
Fidelity offers several order types, including market orders, limit orders, and stop orders. A market order will sell your shares at the current market price, while a limit order allows you to specify the maximum price you’re willing to accept for your shares. A stop order will sell your shares when the stock reaches a certain price.
Step 6: Review and Confirm Your Order
Before submitting your order, review all the details to ensure they are correct. Double-check the number of shares, order type, and any other relevant information. Once you’re confident that everything is accurate, click the “Submit” button to place your order.
Step 7: Monitor Your Order
After submitting your order, Fidelity will process it and execute the trade. You can monitor the status of your order by checking your account or using the Fidelity mobile app. Once the trade is complete, you will receive a confirmation email or notification.
Conclusion
Selling stock on Fidelity is a straightforward process that can be completed in just a few simple steps. By following this guide, you can ensure a smooth and hassle-free experience when selling your stocks. Remember to review your order details carefully before submitting to avoid any mistakes. Happy trading!
