What is the difference between cash balance and settled proceeds?

Cash balance refers to the total amount of cash in the trader’s account, including settled and unsettled cash. Uncleared deposits are funds that have been deposited but have not yet cleared, and cannot be used for trading until they have. Settled proceeds refer to the cash from settled trades that have been completed.

What is settled cash & how does it work?

They can provide useful insights into how much money you have invested and how much cash is still available to trade. Settled Cash represents the amount of money in your Fidelity account that’s entirely cleared and available for trading without any restrictions. Securities bought using settled cash can be sold at any time.

What is the difference between settled cash and unsettled cash?

It is the cash that has been settled from trades that have already been executed, and it can be used to make additional trades. Unsettled cash, on the other hand, is the portion of a trading account’s cash balance that is tied up in trades that have not yet been settled.