You can open new positions as long as you have collateral in your account equivalent to at least 20% of the value of the positions you want to open. We accept collateral in the form of cash deposited into your account and stocks you hold in your account. Trades settle at T+2. Funding for purchases is debited directly from your bank account via the Automatic Transfer System (ATS) two business days after you make a trade.
If you have further inquiries, please feel free to reach out to our "Customer Support team" via the following official channels and we will get back to you as soon as possible.
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Pi Securities through social media channels.