- Getting Started
- Update my information
- Account and Trading Security
- Security of my funds
- Change my password
- What are inactivity fees?
- What is buying power?
- How to close my Hapi account?
- How to transfer stocks from another broker to Hapi?
- What happens to my assets in case I die?
- How does Hapi Fully Paid Securities Lending Program work?
- Documents and Taxes
Investing in Hapi
- Do I own my shares?
- How to buy a stock?
- How to sell a stock?
- What are Exchange Traded Funds (ETFs)?
- What are Fractional Shares?
- What types of orders can I find in Hapi?
- How do I Cancel a pending Order?
- ¿Qué es un Clearing House Fee?
- What is trade settlement?
- Where can I find my dividends?
- What's an IPO?
- What happens to my stocks if they get delisted from the stock market?
- What are recurring investments?
- Holidays in the Stock Market 2024
- Day trading
- Cash Account Violations
- Referral program
- Hapi Learning
What are recurring investments?
Recurring investments in Hapi allow you to automatically invest in stocks, ETFs, and cryptocurrencies. This option enables you to schedule buy or sell orders automatically, customizing the frequency, amount, and time period in which you want these transactions to be executed. This facilitates the automation and customization of your investment strategy according to your financial goals.
How do recurring investments work?
For example, you can set up a recurring investment to buy $20 worth of the "HAPIS" stock every Friday for the next 10 weeks. This way, you don't need to log into the platform weekly to make the purchase, as the transactions will occur automatically. This allows you to average prices and execute a more planned investment strategy without the need for daily intervention.
What are recurring investments for?
Greater Flexibility: Decide when and how orders will be executed, adapting them to your investment style (daily, weekly, monthly). You are in control.
Planning investments and saving time: Establish long-term strategies and execute operations systematically without the need to log in daily or constantly monitor the market.
Averaging Prices: Take advantage of the "dollar-cost averaging" strategy by automatically investing at different market times.
How do I create a recurring investment or order?
Note: You can schedule a recurring investment by dollar amount or number of shares.
Order confirmation details:
How do recurring investments work with my buying power?
When scheduling a recurring investment, the total amount of the order is reserved from your buying power to ensure its execution. This includes the set quantity with the operation fee multiplied by the number of scheduled repetitions.
Why was my recurring investment paused or skipped?
Paused or canceled order: If you pause or cancel the order, it will not be executed.
Recurring stock purchase: The total investment amount is set with an estimated based on the current value of the stock; if it increases, the order will be executed up to the buying power limit and then it will be canceled.
Recurring cryptocurrency purchase: The cryptocurrency price is set with an estimated value based on the current value; if it increases, the order be executed up to the buying power limit and then it will be canceled.
How to edit or cancel a recurring investment or order?
Are all assets on Hapi eligible for recurring investments?
Yes, you can make recurring investments with all the assets available on Hapi.