When can I execute a day trade?
Mohamad Daou avatar
Written by Mohamad Daou
Updated over a week ago

With Raseed Day Trading, users can execute trades by using only deposited cash or settled funds. Users cannot trade with funds from sale until the trades are settled, which is 2 business days for stocks.

Example:

Jan 1 - Buy $100 of XYZ stock

Jan 1 - Sell $150 of XYZ stock

Jan 3 - Buy $150 of AAA stock with settled funds from the sale of XYZ stock

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