At SoFi, we are committed to helping our members get their money right. SoFi Invest is designed to lower the barrier to access for retail investors while giving them the tools to make informed, long-term investing decisions.
There are times where the market may submit a market-wide trading halt on specific stocks. When this occurs, no trades, in this specific stock, are able to be executed. Once trading commences, you should be able to submit new trades.
If there is no market-wide trading halt on your stock, please note your order type:
- MARKET ON OPEN, the execution of your order will be completed on the next market open. Due to after-hours trading, the price you see today may change overnight! You will get whatever the stock is trading at when your order goes through as a Market Order on Open*.
- LIMIT ORDER, your order will not execute until the limit price is reached. SoFi currently only supports Limit Orders for whole shares, during market hours, and does not have stop-loss limit orders at this time.
- MARKET ORDER, your order will execute immediately and show under completed transactions.
*Note: If you place an order on Friday, the next market day would be Monday (with the exception of holidays).