This means you will have to have settled cash in that account before placing an opening trade for 90 days. For reference, ACH and check deposits typically become available for trading on the third business day after having been received.2019-10-07
Can you buy stock with unsettled cash?
Can you buy other securities with unsettled funds? While your funds remain unsettled until the completion of the settlement period, you can use the proceeds from a sale immediately to make another purchase in a cash account, as long as the proceeds do not result from a day trade.2021-07-08
Can you trade with unsettled cash?
Can you buy other securities with unsettled funds? While your funds remain unsettled until the completion of the settlement period, you can use the proceeds from a sale immediately to make another purchase in a cash account, as long as the proceeds do not result from a day trade.2021-07-08