Features & benefits
A cash account allows you to trade stocks, mutual funds, and fixed income investments on North American markets.
Your account can be held individually, in joint ownership, or by a corporation or investment club. Others may trade on your behalf too. They just need your trading authority.
Managing your cash account
Before your buy order is approved, you must have sufficient cash or equity in your account. For most securities, payment is due in 3 business days after the order is filled.
You can place sell orders for up to the number of shares you hold in your account.