Can I withdraw funds deposited into my account to meet a Day Trading Call or the minimum equity requirements immediately after they are deposited in to the account?
No, funds used to meet a Day Trading Call or the Day Trade Margin Account minimum equity requirements must remain in the account for at least 2 business days following the close of business on any day in which the deposit is received. The funds deposited into the account are still subject to our standard rules of deposit, however. For example, if you pay by check, you may not withdraw that money for eleven business days.
Related Questions
- Can I withdraw funds deposited into my account to meet a Day Trading Call or the minimum equity requirements immediately after they are deposited in to the account?
- Can I withdraw funds that I use to meet the minimum equity requirement or day trading margin call immediately after they are deposited?
- Where can I use my check card to withdraw cash, inquire about account balances, or transfer funds from my account?
