Sale of Shares (FIFO)

Written by Eleana Ntagia

Updated: 2024-11-19 14:53:12

Important: XTB Ltd (Cy) does not offer real shares and ETFs

STC real shares are closed using the FIFO rule. FIFO is an abbreviation for First-In-First-Out. In the context of the financial market, FIFO is a rule regarding the order in which orders are executed by a broker.

According to the FIFO rule, the first order that is opened must be closed first, before closing subsequent positions that were opened later. This means that the Client cannot choose which specific positions he wants to close and which he wants to leave open.

You can close a position on real shares on the xStation platform in two ways:

1. By clicking on the red cross on the open position line

2. By opening a new order window on a given instrument and after adjusting the volume you want to close, clicking the SELL button.

🚩This is not applicable to Clients who opened an account with XTB Limited (CY).

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The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
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