Cash account and purchasing power?
14/05/2025
14/05/2025
14/05/2025
Cash account means that transactions must be paid in full at the time of order execution.
The regulation of securities transactions are established by the Federal Reserve Board, in accordance with Regulation T. That is, purchases made in Cash Accounts are carried out only if the amount is available in the account at the time of purchase.
Not being able to operate short or leveraged, Purchasing Power is the amount of money you have available to trade on Avenue.
Sometimes you can see a difference between the value of purchasing power and the value available for withdrawal, and this is due to the fact that, after a sale, the settlement of these resources occurs in T+2.
The amounts executed from a sale made today will usually be available for withdrawals two days later, but your purchasing power is computed immediately if you do not have any blockages in your account (see further explanations in Good Faith Violation).