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Author Topic: Quick Etrade Question!
BananaBelly
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I am currently using an E-trade account which my dad set up for me a few years ago. I have recently started using it myself a few weeks ago. My question is, i sold some stocks this morning, and it shows that my account balance is correct, but my buying power has not increased, i was wondering how long it took for that to get in the system? I have already emailed them but i thouhgt this might be faster. Thanks1
Posts: 47 | From: Auburn, Al | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Bob Frey
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Should be 3 days
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BananaBelly
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Are there any other sites that do it faster or is that standard? I plan on switching to Scottrade or Freetrade soon anyway.
Posts: 47 | From: Auburn, Al | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Bob Frey
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As far as I know all stock trades have 3 days to settle.

Options settle next day.


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BananaBelly
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Thanks!
Posts: 47 | From: Auburn, Al | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
   

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