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ocb***com05/30/2020 14:26

$Zomedica Corp question guys.... can you trade, and sell during pre market with webull? does webull give you instant access to deposits made to webull via a act? once you sell your shares, how long before it's ready to withdraw from webull, and back to bank account? thanks

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NotTraderJoe·05/30/2020 15:53

you can trade extended hours. You get immediate buying power on all deposits. 3 deposits at a time. Each deposit takes around 5 days to clear. Sales clear in a day or two. Make sure your trades settle before liquidating your account or you will get a good faith violation and they shut you down for 90 days.

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Jeremy English·05/30/2020 14:50

Yes, from 04:30 until Open, and Close until 20:00 (EST), WeBull allows buying and selling shares. You can also place orders for options contacts from 08:00 until market close, but those PM orders won't fill until 09:30 at Market Open (provided they were going to fill immediately considering your limit settings). When I deposit from my bank account, it takes 4-5 days until the "incoming deposit" notif goes away. When I have bought everything up to the limit of my liquid funds, I have zero buying power remaining. When I sell shares, those funds move from the 'market value' side, to the 'cash' side, but there funds aren't available to trade with again until the following day. I have a cash account instead of a margin account, to get in less trouble with getting in and out of trades more swiftly. Hope this helps.

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NotTraderJoeReplyocb***com·05/30/2020 15:54

unlimited day trades with a cash account. But it takes 2 days to settle so you have to wait to trade again anyway. Better just to stick with margin account.

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Notgoodatanyofthis·05/30/2020 15:21

The pattern daytrader rule is regulated by the SEC.

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ocb***com·05/30/2020 14:52

it did help. thanks for elaborating

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