cash account trading | BTCC Knowledge

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What are the rules when trading in cash accounts?

There are rules you should be aware of when trading in cash accounts. One rule of cash accounts is when you buy securities, you must fully pay for the securities on or before the settlement date. If you aren’t fully paid by then, you could create good faith or freeride violations.

What is cash trading?

It is the buying or selling of securities by providing the capital needed to fund the transaction without relying on the use of margin. Cash trading can only be carried out if the brokerage account has sufficient cash needed to complete a transaction.

Should you trade in a cash account or a margin account?

Many new investors start out trading in a cash account instead of a margin account; after all, it's the simplest way to start. In a cash account, investors must pay for securities in full. An investor using a cash account is not allowed to borrow funds to pay for transactions in the account (that would be trading on margin).

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