How to place a sell order?

Created by Mint Customer Service, Modified on Sun, 20 Jul at 1:52 PM by Mint Customer Service


 

  1. Open the app. 

  • On the home screen. 

  • Tap the middle icon with the crossing arrows. 

  • Choose an action. 

A menu will appear with two options: buy and sell.

                        


  1. Choose an action. 

  • A menu will appear with two options: buy and sell.

  • Tap sell.



  1. Select an account 

You will be asked to choose the account you want to trade with. There are two types of accounts:

  • Cash Account

  • Margin Account

Select your preferred account for the transaction. If you only have one account, you will still need to select it.



5. Select stocks

You can either:

  • Type the name of the stocks in the search bar or

  • Select it from the list of companies displayed below the search bar.







6.Enter order details

  • Choose the quantity of shares you want to buy.

  • Select the order price:

    •  Market price: this means you are selling the stock at its current price in the market. The order is executed immediately at the best available price.

    •  Limit price: this means you set the price you are willing to sell at. Your order will only be executed if the stock reaches that price.

Example: if a stock is currently trading at 48egp and you place a limit order at 50egp, your order will only go through if the stock price gains to 50egp.

  • Select the order validity (e.g. good for day, good until canceled or good until date)





7.Review your order

Tap review your order to see a summary of your purchase, including:

  • Account type

  • Order type

  • Date

  • Settlement

  • Quantity

  • Price

  • Order value

  • Validity 

  • Fees

  • Estimated total

  • Submit the order




8.Submit order

          Tap the submit button.

Your order is now placed! You will receive an SMS notification on your registered mobile number confirming the purchase details.



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