My account is restricted from trading credit from my account i have to wait till settled funds

ByAmara5

Here’s the summary of the user’s issue and the solutions presented:

  • Main Problem: The user is unable to trade with unsettled funds in their account, which restricts their trading ability until the funds settle after about five days.
  • Possible Solutions:
    • Check the Message Center on Fidelity.com for any notifications regarding account restrictions.
    • Review the potential impact of cash trading violations or Pattern Day Trade (PDT) rules on their account type (cash or margin).
    • Access additional resources on trading restrictions and avoiding cash trading violations provided by Fidelity.
    • Contact Fidelity directly via Modmail or private message on their social channels for personalized assistance regarding the account issue.
Here’s the full thread
Soccerstar9000
06/17/2024 at 08:05:21 PDT
whenever i try and trade with 0 settled funds but credit it wont let me till that credit goes into settled funds which take like 5 days. severely restricts my trading ability
FidelityCaitlin
06/17/2024 at 11:26:51 PDT
Hey there, @Soccerstar9000. Thanks for reaching out! To determine why your account is restricted, you may first try reviewing your Message Center on Fidelity.com for a message with information about the restriction. Generally, there are cash trading violations or Pattern Day Trade (PDT) rules that may have an impact, depending on whether you have a cash or margin account. We go over these restrictions in more detail at the resources below if you’re looking for an overview. Trading FAQs: Trading Restrictions: https://www.fidelity.com/trading/faqs-trading-restrictions Avoiding cash trading violations: https://www.fidelity.com/learning-center/trading-investing/trading/avoiding-cash-trading-violations Margin requirements for day traders: https://www.fidelity.com/learning-center/trading-investing/trading/day-trading-margin With that said, we can’t speculate without reviewing your account. For us to do so, you can reach out to us via Modmail if you have a Reddit, or a DM/Private Message on our other social channels, and we’ll follow up with you there. Modmail: https://www.reddit.com/message/compose?to=/r/fidelityinvestments Please let us know if we can help further. 🟢

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