What if the account doesn't have sufficient buying power for the applicable monthly fee?
In case your account doesn't have sufficient buying power to cover the Vest fee applicable, the system will block the equivalent amount from your buying power, which may result in negative buying power for your account.
Whenever you subsequently add funds to your account or get a cash balance from the sale of any holdings, the pending fee amount will be adjusted the next business day.
The pending fee amount, when charged, will be reflected in the Transaction History section in the Profile menu.
Related Articles
How is buying power calculated?
Buying power is defined as the cash dollar amount available for trading in the account. For unrestricted cash accounts, all buy trades are debited and all sell trades are credited from the cash available to trade balance as soon as the trade ...
Why can't I see any balance in my buying power? My buying power shows as 0 even when I have cash in my account.
There must be certain unsettled funds in your account and/or you must have incurred 3 or more Good Faith Violations. The time taken for the settlement of trade is T+1 business days. Once the funds are settled, you can see the same in your buying ...
How is unsettled cash different from buying power?
Buying power is defined as the cash/dollar amount available for trading in the account. For unrestricted cash accounts, buying power includes your settled cash + unsettled cash (all buy trades are debited, and all sell trades are credited from the ...
How can I get monthly statements of my holdings?
You can get your monthly account statement under the “Profile” section of the platform
How do I transfer funds from an Indian Bank account to my US Brokerage Account?
Log in to your Vested account and follow these steps: Click on the "Transfer" tab. Choose the Indian Bank option. Select from the list of supported banks, such as ICICI, HDFC, IDFC, Kotak, Axis, SBI, and IndusInd Bank, as they offer an online ...