Or do you have to add more money to the account?
2006-09-01 14:47:23 · 3 answers · asked by will_1120 1 in Business & Finance ➔ Investing
When I opened an online account I was able to place a buy order immediately, before any money was transferred. This was about 10 minutes from first clicking the "Open Account" button.
The buy was confirmed and I had 3 days to settle. Of course I just went ahead and arranged for electronic transfer. This was verified in about 20 seconds and posted to my account (total time about 15 minutes). The funds were transferrd via ACH and comfirmed early the next morning.
Thats why you have an online account.
2006-09-01 15:31:34 · answer #1 · answered by veritas 5 · 0⤊ 0⤋
THats what the deposit was for...to buy stock, why else open a trading account...to keep buying you may need additional funds if you are still holding the original positions. Or you could buy and sell, then buy something else.
2006-09-01 21:56:44 · answer #2 · answered by Nikki 2 · 0⤊ 0⤋
On etrade I could
2006-09-02 18:23:13 · answer #3 · answered by Byron W 3 · 0⤊ 0⤋