The new overview in the Scalable Broker shows you how much credit is available to you for investments as well as withdrawals. To access the overview, click on your balance on the overview page of your portfolio.
With the detailed balance overview, you can now easily see, at a glance, how much money you have in your securities account that can be used for securities purchases. This is also practical to see whether the proceeds of executed sales can already be used for purchases or paid out.
This is because proceeds from sales are only available as a credit balance immediately after the sale, minus a safety margin for any taxes. After booking, the full sales proceeds are then available to you on the following day.
However, sales proceeds are only available for payment after two trading days, when the trades have been booked by the custodian bank (so-called settlement). By means of the overview, you can now easily find out whether you can already reinvest the proceeds or have them paid out.
Risk Disclaimer – There are risks associated with investing. The value of your investment may fall or rise. Losses of the capital invested may occur. Past performance, simulations or forecasts are not a reliable indicator of future performance. We do not provide investment, legal and/or tax advice. Should this website contain information on the capital market, financial instruments and/or other topics relevant to investment, this information is intended solely as a general explanation of the investment services provided by companies in our group. Please also read our risk information and terms of use.
