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+2 business days. Once the funds are settled, you can see the same in your buying power and available for withdrawal. When you sell shares - it takes T+2 business days for your funds to settle in the cash balance of your Vested account.
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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 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 ...
How do I know if my dividends are added to my Vested account? Where can I see the log of all the past dividends that I have received?
The dividends are credited to your Cash wallet and the amount will reflect under your Vested account’s cash balance. You can see the same in your ‘Account Statement’ under the ‘Profile’ tab. This information will also be available in the ‘History’ ...
What is unsettled cash?
The proceeds created by selling a security are considered unsettled funds/unsettled cash from the time you place a trade order until the completion of the settlement period. Because stocks have a two-business-day settlement period, proceeds generated ...
Do I earn interest on my idle cash?
Yes, you will earn interest on the idle cash in your portfolio. Vested has made available an automatic bank sweep vehicle on free cash in your investment account. The sweep program is FDIC-insured for up to $250,000 in cash and enables you to collect ...