The Transfer Market
Last updated
Last updated
What is the transfer market?
The transfer market is a dynamic market where StocksFC users can buy and sell stocks with other users. It allows you to list your stocks for sale or place bids at specific prices, and explore current buy and sell offers. With dynamic pricing and active trading, the transfer market puts you in control of your portfolio and offers opportunities for users of all levels.
What is the difference between market buy/market sell and limit buy/limit sell?
You have two options when buying and selling stocks:
Market Buy
Buy stocks instantly for the best available price on the market - the trade will execute and you will receive the stocks instantly.
Limit Buy
Place a buy order for a specific price. If there is a matching sell order in the orderbook, your order will be instantly matched with the seller and you will receive your stocks instantly.
If there is no matching sell order at your desired price, your bid will remain in the order book, and other sellers will have the opportunity to sell to you at a later time. This allows you to acquire the stocks you want at a fair price, even if they are not available right away, you will receive a notification when another user fills your order.
Market Sell
Sell stocks instantly for the best available price on the market - the trade will execute and you will receive the funds instantly.
Limit Sell
Place a sell order for a specific price. If there is a matching buy order in the orderbook, your order will be instantly matched with the buyer and you will receive your funds instantly.
If there is no matching buy order at your desired price, your offer will remain in the order book, and other buyers will have the opportunity to buy from you at a later time. This allows you to sell your stocks at the price you want, even if there are no buyers right away, you will receive a notification when another user buys your stocks.
How do I make an order?
Go to the transfer market page for the player you want. You can search from the left panel on the transfer market page, or select a player from the all players page.
In the buy section, select Limit or Market.
Enter the price and the quantity you want and then click "Buy" or "Sell".
Review the order and click "Confirm".
What is the difference between the Transfer Market and an IPO?
An IPO (initial Player Offering) is when StocksFC releases the stocks to the users for a limited time period and specific price. When the IPO has ended, the stock (player) can be bought and sold between users on the transfer market.
Why can't I find the stocks I am looking for?
If you can't find the stocks you're looking for, it may be because the player has not yet been released on the platform. Keep an eye on the IPO page or wait for the player to become available on the transfer market.
How do I search for a player?
You can find the search function on the transfer market and the all players page.
How do I view the current price of a player?
The player's current price is listed on the transfer market page and the all players page.
How is the current price calculated?
The current price of a stock is the average price of the last 5 trades on the transfer market.
Why can't I see any sell orders for the player I want?
If you cannot find any sell orders available for the stocks you want to purchase on the transfer market, it's possible that current owners are not interested in selling at the current time.
However, you can still place an offer on the order book, which will be visible to sellers. If a seller is interested, they can choose to sell their stocks to you at the price you offered. With this feature, you can be confident that you'll be able to acquire the stocks you want at a fair price, even if they are not available immediately.
Do I pay commission on my purchases?
There is a 1% fee taken on trades on the transfer market.
I have purchased X amount of stocks - Why have I received a smaller amount?
This is because of shareburn, learn about shareburn here:
ShareburnWhat is the orderbook and how does it work?
Read about orderbooks here:
Orderbooks
