Cash Account
This is an excellent broker but you need a cash account, because many traders do not have $ 25k to trade without day trade restrictions. It must also be competitive and with some differentiating element that makes it attractive; And the first option when someone thinks about opening a cash account and what could most attract is that the funds are settled immediately, it would be a plus and would have a tremendous acceptance. Greetings and I hope you take it into account!
Cymbal
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Team moomoo : Hi there, we appreciate your feedback and insight, we are happy to let you know that we have put cash account into serious consideration, and are working to improve settlement period. Please stay tuned![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Chhavin : Following up on the cash account. This cash sweep thing is rather confusing, also notice the when doing a trade there is a cash and buyable margin I really don't get it. If the cash is being used should it be considered as a cash account and no day trade should be counted.