Why Can’t I Withdraw My Funds?
If you need instructions on how to withdraw your funds, please visit our How do I withdraw? Article.
If you are having issues withdrawing your funds, it may be due to the following reasons:
Your Withdrawable Cash balance is 0 or lower than the input Amount to withdraw.
When you select to withdraw, you will be able to see your balance of Withdrawable Cash. There are a couple of factors that may affect this balance:
- One factor is the type of funding used for the account:
- If the account is funded by ACH (i.e., through Plaid), there is a 6 business-day holding period until the funds are withdrawable.
- If the account is funded via wire transfer, the funds are withdrawable immediately after the wire has completed.
Another factor is settlement:
- After selling a security, cash is not immediately available to withdraw. Security sales settle at T+1, so cash becomes withdrawable one business day after trades are made. Once cash is settled, it becomes withdrawable immediately.
Please visit our Why is my Cash balance different from my withdrawable Cash balance? Article for further information.
You are attempting to withdraw to a different bank account than the one you deposited from.
Our clearing firms require funds to be withdrawn to the bank account they were deposited from. If you no longer have access to this bank account, please contact us at help@composer.trade for next steps.
We need to verify information regarding your bank account.
If the above does not apply, we may need to verify information regarding your linked bank account before you can withdraw. If this is the case, please contact us at help@composer.trade for next steps.
Please see our fee schedule for more information on transfer charges and other services.