Investments & orders

Wealthyhood offers a wide range of stocks and ETFs from all around the world.

• ETFs: You can invest in ETFs from all asset classes, including stocks, bonds, commodities and real estate, different sectors and geographies. You can also access a wide range of thematic ETFs, including Biotechnology, Cloud Computing, Artificial Intelligence, Digitalisation, Clean Energy, Video Gaming and many more.
• Stocks: Wealthyhood also offers a broad range of individual stocks, from the US, UK, European and global markets, like NVIDIA, Apple, Amazon, Tesla and many more.

We’re continuously adding new stocks and ETFs to our platform. If you can’t find what you’re looking for, you can request an instrument in the app by contacting our team at hello@wealthyhood.com or through the in-app chat.

Our team reviews requests and adds new instruments when possible. However, some instruments, like US-listed ETFs, REITs, and crypto, are not available.

Wealthyhood offers two types of orders: Market Orders and Limit Orders.

1. Market Orders: buy or sell an instrument immediately during market hours, at the best available price at that moment.
2. Limit Orders: buy or sell an instrument only at a specific price you choose (your limit price) or better. A buy limit order will only execute at your limit price or lower; a sell limit order will only execute at your limit price or higher. You also set an expiry date of up to 30 days. If the market never reaches your limit price before then, the order simply expires without executing. Limit orders are currently available for individual buy and sell orders only. They're not available for portfolio buy orders, repeating investments or portfolio eebalancing.

We do not offer short selling.

For Market Orders, you may only cancel an order before it has been forwarded to a trading venue for execution. If cancelling is still available, you can cancel through the Wealthyhood app, but due to the fast pace of execution, there's no guarantee the cancellation will be processed before the order is completed.

For Limit Orders, you have more flexibility. You can request to cancel your order at any time before it has been executed, directly through the app. This is because Limit Orders can stay open for hours or days while waiting for the market to reach your Limit Price. That said, there's still no guarantee a cancellation will be processed before your Limit Price is reached and the order executes.

So, please make sure you check the accuracy of the details of your order and are prepared to commit to the transaction. For Market Orders in particular, the order is often forwarded for execution immediately during market hours.

You have the option to place buy or sell orders for either individual assets or your entire portfolio.

• For Buy Orders on individual assets, the order will be submitted based on the cash value you want to invest.
• For Portfolio Buy Orders, you may choose to place an order based on your "Template Portfolio" allocation (if such an allocation has been defined) or based on your current holdings allocation at the time the order is placed. In both scenarios, the Portfolio Buy Order will be automatically converted into individual asset orders according to the respective allocation weights.
• For Sell Orders of individual assets, you will specify the number of shares you want to sell.

Once we accept your order, we either execute it directly or forward it to a third-party broker. How your order is executed depends on whether it's a market order or a limit order.

For Market Orders, we offer two execution methods:

• Real-time or Express Execution: Orders placed within market hours will be executed instantly. If you place an order outside market hours, it will be queued and executed at the opening of the next market session. The regular trading hours depend on the exchange on which the instrument is traded, and this information is communicated to you before submitting your order confirmation. Real-time or Express Execution is available for both buy and sell orders in stocks and ETFs.
• Smart Execution: Orders are executed within a designated trading window every weekday. The beginning of the trading window is communicated to you before submitting your order confirmation. If you place an order after the beginning of the trading window, it will be executed in the corresponding trading window of the next business day. Although orders are executed within the designated trading window, it may take some time until you receive confirmation of execution and the order status is updated on your Wealthyhood account. Smart Execution is only available for buy orders in ETFs, buy and sell orders in selected stocks, and buy and sell orders in ETFs and selected stocks if performed through automated rebalancing.
• When both execution methods are available for your order type, you can select your preferred method before placing your order confirmation. When Smart Execution is not available, Real-time or Express Execution is automatically used.

For Limit Orders, execution works differently. Instead of executing right away, your order waits until the market reaches your chosen limit price (or a better price) at some point before your expiry date. There's no guarantee it will execute at all. If the price never reaches your limit price, the order simply expires. Limit orders also execute on an all-or-nothing basis, so we don't currently support partial fills. Once your limit price is reached, we forward your order to a trading venue or third-party broker in the same way as any other order.

Some of the investments available on the Wealthyhood app can be bought and sold in amounts smaller than a whole share. These are fractional shares. Fractional shares are portions of a whole share in a company or an exchange-traded fund (ETF).

These shares allow investors to own a smaller portion of a single share, making it more accessible for those with limited capital or who want to diversify their investments across multiple assets.

For example, if a company's stock price is $1,000 per share, an investor could buy a fractional share worth $100, representing 1/10th or 0.1 of a share. This enables them to invest in high-priced stocks without needing the full amount for a whole share.

Fractional shares represent a portion of a full share in a company, which means they carry the same risks as entire shares. The fractional part of a share is non-transferable, but you can always buy and sell it through the Wealthyhood app.

For Market Orders, yes. Τhe prices shown when you place an order are indicative and may change due to market fluctuations, so your order might be executed at a slightly higher or lower price than shown.

For Limit Orders, no. Υour order will only ever execute at your chosen Limit Price or better (a Buy Limit Order at your Limit Price or lower, a Sell Limit Order at your Limit Price or higher). If market conditions allow an even better price, you'll benefit from that automatically.

After each transaction, you will receive a trade confirmation with the details of the executed order. You can always check the status of your order and view this trade confirmation in your Wealthyhood app. Additionally, you can generate an account statement to review your holdings and activity.

The minimum order for individual stocks and ETFs is €1. However, you can always sell the full amount of a holding, even if it is less than €1. For portfolio buys, the minimum order is €20.

Rebalancing your portfolio helps you maintain the asset allocation you have defined for your Template portfolio. You can do this by setting up automated rebalancing on a monthly basis.

If activated, automated rebalancing will take place on the first Monday of the month at 12 pm. If the first Monday of the month falls on a bank holiday, the rebalancing process will take place on the next trading day.

Automated rebalancing takes place during two consecutive trading sessions. First, overweight assets are sold, and then, the proceeds are used to buy underweight assets.

For example, suppose your Template portfolio allocation is 60% stocks, 30% bonds and 10% gold. After market fluctuations, your allocation shifts to 70% stocks, 20% bonds, and 10% gold, with a total portfolio value of €10,000. If you decide to rebalance your portfolio, the process is as follows:

• On the first trading day, rebalancing will sell €1,000 worth of stocks, reducing their allocation to 60%.
• Then, on the next trading day, it will use the proceeds to buy bonds, increasing the allocation to 30%.
• The gold allocation will remain at 10%.

Automated rebalancing does not take into account the market conditions at the time of rebalancing.

Although the dividend payment date (when the company distributes dividends) is specified, it may take a few business days for the funds to reach the investment firm before being passed on to your account. Once we receive the dividend from our partner, we’ll automatically credit it to your account. You don’t need to take any action, and you’ll receive a notification along with a record in your activity feed in the app.

Yes. Dividends are rounded to the nearest cent, and you’ll receive a percentage that corresponds to the fraction of the share you own. For example, if you hold 0.5 of a dividend-paying share, you’ll receive half of the dividend amount.

Dividends are typically subject to local withholding taxes in the country where the company is listed, which are automatically deducted where applicable. The rate depends on that country's rules and any applicable tax treaties.

For US stocks specifically, where you qualify, we've submitted the W-8 BEN form on your behalf, which can reduce the standard US withholding tax rate applied to your dividends.

Keep in mind that Wealthyhood does not offer tax advice. If you need further assistance, we recommend consulting an independent professional.

No, Wealthyhood does not offer leverage or margin accounts. Our platform is designed for long-term, responsible investing, where the focus is on steady growth rather than short-term gains through high-risk strategies.

Leverage involves borrowing money to increase the size of your investment, which can amplify both potential gains and losses. While it can lead to higher returns, it also significantly increases risk, as even small market downturns can lead to large losses, potentially more than your original investment.