How to sell a Fractional Share (Stock Bit)?

Thank you for stopping by. This article will guide you through the process of selling a fractional share on our platform.

You can sell as little as $5 of your Stock Bit. If you're selling your entire holding, there’s no minimum amount.

Keep in mind, if the fraction is very small, market movement could prevent the trade from being executed.

Instructions:

1. Log in to your SoFi Invest account
   First, access your account on either your mobile device or website. Then, choose the Invest account you wish to make the trade in.
2. Access your portfolio and select the stock to sell
   After logging in, locate the stock you wish to sell under My Investments (website) or Investments (mobile app)
   
   

3. Enter the trade details (i.e. the amount you want to liquidate)

   Please note: When selling a fractional share, a $5 minimum is required. However, when liquidating the entire holding, there is no minimum amount.

   • Website instructions

     1. Enter the amount you want to liquidate (minimum $5)

     2. Click Review
        

   • Mobile app instructions 

     1. Tap Trade then Sell

     2. Select Market Order - Dollars
        

     3. Enter the dollar amount
        
        

Note: An error message will be displayed if the sell order is for the entire position and is under $5.

4. Review and place your order

1. 1. Before confirming the sale, review the details of your order. Double-check the amount of fractional shares you are selling, as well as the current price and any applicable fees.

   2. Once you’ve reviewed your order, click Place Trade (website) or Slide to Confirm (mobile app)
      
      

      
      

       

After selling your fractional shares, the transaction will be reflected in your portfolio. You can track the sale status, including the proceeds from the sale. You will also receive a confirmation email detailing the completed sale and any associated fees.