What are “Restricted Funds” that I see in my account?

Restricted Funds are set aside when you place any limit orders that are not immediately filled. The funds are needed in the event that your limit price is met and triggers the action you requested. When your limit order is filled, the restricted funds are used to complete the transaction.

Restricted funds are also created when you place a market order when the market is closed. As with limit orders, the restricted funds will be used once the order executes.

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