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. You may transfer stocks into this account from your other accounts with Pi Securities, or from accounts with other brokers.
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.
You will need to set up ATS with Pi Securities and pass our risk process in order to use this account.
Your trading limit for opening new positions is up to 5 times the value of your collateral.
The value of your collateral will be marked to market and your purchasing power may be increased or reduced as the market value of the stocks you hold in your account fluctuates.
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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