What does T+1 trade settlement mean?
The standard time for the settlement of sell trades on the U.S. exchange is T+1 day, where ‘T’ refers to the transaction date and ‘+1’ refers to one business day later.
This means the cash for executed sell orders takes one business day after the trade to be cleared into your trading account.
The settlement date for all trades is available on the trade confirmation email. You can also access a calendar of settlement amounts on the Stake platform under Buying power > Funds & balances. You can click on Settlements to view a list of trades due to settle.
Can I trade on unsettled funds?
If you feel restricted by the standard T+1 settlement, you can trade on unsettled funds as part of Stake Black, our premium membership. One of the advanced features on Stake Black Wall St is Instant Buying Power, which allows you to bypass T+1 and trade immediately after a sell, reinvesting that money in a heartbeat. Learn more about Stake Black here.
Please note that you cannot withdraw unsettled funds from your USD balance.
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