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Instant Deposits & Withdraw. Access to detailed MorningStar analysis for just $5/mo. (May be other brokerages have started matching Robinhood but the one I us
by 8ytecoder 4y ago
Instant Deposits & Withdraw.
Access to detailed MorningStar analysis for just $5/mo.
(May be other brokerages have started matching Robinhood but the one I use ETrade still takes 2 full days to settle and then another 3 days to withdraw cash. It also takes 2-3 working days to deposit cash. So if you spot a buying opportunity you can't. Or, you'd always keep cash lying around and ready in the account.)
- bombcar 4y agoOr get a margin account, as that's all Instant D&W is. My TD Ameritrade lets me buy from deposit instantly, and doesn't "show" margin usage as it clears, even though it's clear from the amount I can buy that it's just the margin on the account. Withdrawals are basically instant, too though the ACH takes its normal time.