Auto Trading is a feature that allows you to automate your trades for stocks, ETFs, and crypto based on your preferred frequency—whether it's daily, weekly, every other week, monthly, or quarterly.
This feature provides flexibility and ease in managing your portfolio, offering you the versatility to diversify your investments effortlessly.
Setting up Auto Trade is a straightforward process:
1. Simply choose the Auto Trade option when you click buy on stocks or ETFs or Crypto (for fractional assets you can enter the auto-trade amount in $. For none fractional assets, you can enter the auto-trade as number of shares).
2. Select your desired frequency, and the first order will be placed immediately. Subsequent trades will be scheduled according to your chosen frequency, giving you control and automation in one.
📝 Important notes:
- You need to make sure you have enough buying power to execute the trade before its scheduled time or the auto-trade execution will fail.
- You can manage your Auto Trades conveniently in the 'Orders' tab. Here, you can view your scheduled auto-trades for the next trading day and make cancellations if necessary. It's a hassle-free way to stay on top of your automated trading strategy.
- Please note that commissions associated with Auto Trades will be reflected in the Orders tab. Stay informed about the commission costs for each auto-trade transaction to make confident and well-informed decisions!