Cleared Funds
Money that has fully arrived in an account and is available to use, rather than still in transit.
In plain English
Money that has fully arrived in an account and is available to use, rather than still in transit.
When you deposit by bank transfer or card, the money may show up but not yet be cleared funds. Until it clears, a broker may not let you trade with it or withdraw it.
Clearing times vary by payment method. Do not plan a trade around money that is still in transit.
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