Auto Invest
Auto Invest allows you to set up stock purchases that occur automatically on a set schedule. For example you could use it to buy $20 of a stock every week.
*Images are for illustrative purposes only and not a recommendation
How To Schedule an Auto Invest:
Select the stock you’d like to purchase and tap “Buy”
Tap the drop down menu where it says “Standard One-Time Order”
Select “Auto Invest”
Select a frequency from the options of daily, weekly, and every two weeks, and tap “Done”
Select a preset amount or tap “…” and enter a custom amount, then press “Next”
Note: There is a $10 minimum for Auto Invest purchases
Select an amount and tap "Next"
Tap "Confirm" to schedule your automatic purchase
Common Use cases for Auto Invest
You want to invest a portion of your paycheck on a consistent basis
You want to spread out your buys of a stock over time to reduce the impact of a single day’s price on your average entry price
You want to gradually accumulate a larger position in a certain stock without having to remind yourself on a daily or weekly basis to place the order
How to Cancel an Auto Invest:
Navigate to the stock with the active Auto Invest purchase
Scroll down to see your active Auto Invest purchase
Tap on the purchase
Press the “Cancel” button
Confirm the cancellation
Important Things to Note
While Auto Invest stock purchases can be set up at any time, the orders will be placed during market hours on days when the market is open (Mon-Fri 9:30AM–4PM EST).
The order placement times will be based on the time that you set up the purchase. If you set up an Auto Invest trade during non-market hours, the trade will be scheduled to occur after the next Market open.
Disclaimers
Auto Invest is not a price guarantee. The stock may, and often does, change between scheduled trades.
Brokerage services by Cash App Investing LLC, member FINRA/SIPC, and a subsidiary of Block, Inc. formerly known as Square, Inc. Investing involves risk; you may lose money. Please see the Cash App Investing disclosures.
Cash App Investing may add, remove, or change the securities it supports at any time in its sole discretion.
Cash App Investing is a self-directed service; you are solely responsible for orders placed through your account. Cash App Investing does not provide investment advice or recommendations. Fractional shares investing may involve additional risks such as non-transferability. For additional information regarding the unique risks and limitations of fractional shares, please see your Investing Customer Account Agreement.
Fees for stocks may apply such as regulatory transactional fees and external account transfer fees, please see the investing House Rules for further information.