Re: Anybody else using Zecco have orders rejected for no reason?
[ QUOTE ]
[ QUOTE ]
Agree. Looks like OP doesn't have a margin account.
[/ QUOTE ]
I do have a margin account, at least I think so...gonna have to find that # and call...I looked for it before but couldn't find it. And I've already made several trades (without waiting 3 days) where my buying power posted pretty quickly.
[/ QUOTE ]
OK, the problem is it's an IRA account, which isn't allowed to have margin.
However, it seems like with my old online broker there was no 3-day waiting period for sell orders to settle. Do other online brokers have some other means of allowing you to turn around and trade more quickly? The customer service representative mentioned something about other brokerages forwarding the cash to your account immediately or something...?
|