In response to your feedback, Motif is excited to offer single stock trading to give you even greater flexibility and convenience in meeting your particular investing needs.
Previously, in order to trade a single stock or ETF, you were required to do so within a motif. By introducing Single Stock Trading, we provide you greater flexibility to trade stocks on an individual basis outside of a motif.
You now have two new options when trading single stocks or ETFs at Motif.
Buy or Sell Single Stocks or ETFs Outside of a Motif
To trade stocks outside of a motif, login and click Trade Stocks from the Stocks & IPOs drop-down in the site navigation bar.
When buying or selling a single stock outside of a motif, you can trade by dollar amounts or number of shares.
Add a New Stock or ETF to a Motif You Already Own (up to a maximum of 30 stocks per motif)
Start by clicking on Trade Stocks from the Stocks & IPOs drop-down in the site navigation bar. You can add new stocks to a motif you own as long as the selected motif contains less than the maximum number of stocks allowed (30).
When you trade stocks in a professional motif, your position will become a custom motif.
Remember, in addition to the 2 new features covered above, you can still trade individual stocks and ETFs in the following ways within an existing motif.
Add shares to a stock you already own in an existing motif
To add shares of a stock you own in an existing motif, start from the Positions and Balances page.
The Positions and Balances page contains all the motifs and single stocks you own listed in one place. Click on any motif to get to its motif details page where you will see a list of all the stocks and ETFs in the motif. To the right of each stock is a trade button. Click on it to buy more shares of the stock.
Sell some or all of a single stock in a motif you own
Once again, start from the Positions and Balances page (see section above). Click on a motif you own to get to its motif details page, find the stock you want to sell and click on the trade button to the right of it. The stock symbol and the motif name will be pre-populated as seen below. Specify the quantity or sell all.
Single stock commissions are just $4.95 per transaction.