> How do you withdraw money from online stock trading?

How do you withdraw money from online stock trading?

Posted at: 2014-12-05 
The money is held in your account, many firms have money market for their clients so that when a customer has free credit balance, the money is moved to a money market account.

However, no firms hold "physical" money. Money is held in banks, depositories or investment accounts.

If you want money taken from your account, nofity the brokerage firm and they will either write you check or wire the funds to your bank account althuogh there may be a charge for the wire. Brokerage firnms use several types of bank accounts - it's unimportant to the customer as to what account they use, the firm by llaw must account for each and every bank account they use

You CAN NOT receive your "portfolio" in cash. In order to receive anysecurities from your account you must request the brokerage firm to transfer & ship the securities (portfolio) to you

Of course you can receive any monies that are in your account, it will not be sent tp you "cash" but rather they will send you a check

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To recieve the cash, you must liquidate the asset for your profit to be realized, and once the order has been filled and the cash is in your account, you are then able to withdraw the profits.

I've just started to study online stock trading, and I have a few questions that few books and advisers seem to answer directly: When you do make a profit from buying and selling stocks, where is the "physical" money being held? They say it's held in an account-but WHERE is it?

For instance, say you wanted to withdraw $500 from your account after a successful month-how does the brokerage firm obtain that money to send to your account?

Furthermore, can you receive your profits in cash, and if so, is there a limit?