Are my trades instant for Custom Portfolio?

Article author
Alexander G.
  • Updated

Buying and selling stocks in your Custom Portfolio is NOT instant. Acorns trades in what is called “omnibus trading”. 

Omnibus trading means we combine all our customers' requests into one big order. Then, during our scheduled trade windows, we make purchases and sales in bulk to meet our client's orders.

If you remove a stock from your portfolio, we’ll sell it on your behalf. Once the stock is sold, the funds will be sent to your linked bank account within 3-5 business days. 

If you add a stock to your portfolio, we will buy that stock on your behalf following your next investment. Remember, only new One-Time Investments, Round-Ups®, or Recurring Investments will be used to buy stocks in your Custom Portfolio. 

As a reminder, selling stocks may create a taxable event. If you have questions about your personal tax treatment, please consult a tax professional.

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