Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are there any restrictions on funds deposited via electronic funding?

April 26, 2017deposited electronic funding funds

0

Posted

Are there any restrictions on funds deposited via electronic funding?

1 Answer

0

Posted

Yes. Funds cannot be withdrawn or used to purchase non-marginable securities, initial public offering (IPO) stocks or options until three business days after deposit settlement. All electronic deposits are subject to review and may be restricted for 60 days. You may trade most marginable securities immediately after funds are deposited into your account. Read Funding Restrictions for more information.