Why Does My Dashboard Show Enough Buying Power, But My Trade Gets Rejected for Insufficient Funds?
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Your dashboard may show enough buying power, but trades can still be rejected due to insufficient margin. The dashboard reflects available cash, not the margin required by the broker for each trade.
This issue often arises because the buying power displayed in the TradersPost dashboard reflects the available cash reported by the broker, not the actual margin requirements for the trade. If you attempt to open a position that exceeds the available margin, your trade may be rejected, even though your dashboard shows enough buying power.
Key Points
• The buying power shown is essentially the available cash in your account, not your usable margin.
• Margin requirements are not tracked in real-time by TradersPost, and only the broker determines whether you meet the margin for a specific trade.
• For example, if you already have an open position and limited margin, your broker might reject an additional trade due to insufficient margin, even if your dashboard shows enough cash.
Solution
Be aware of your broker’s margin requirements when trading, especially in accounts with multiple open positions, as the displayed cash may not reflect the true funds needed to execute additional trades.