When Does My Trade Settle?

Stock, ETF, and options trades take 1 business day to settle. This follows the Trade Date + 1 business day (T+1) rule adopted since May 2024. Until settlement completes, the cash from a sale is considered "unsettled".

Withdrawals and FX transactions require settled funds to ensure that the transaction is final, but you can still trade because brokerage accounts allow unsettled funds to be used for new trades under certain conditions. Webull and other brokerages extend you a temporary credit for new trades while waiting for the original sale to settle.