There is no penalty for closing a brokerage account, as long as you have done so in accordance with the terms of your account.
There could be a few reasons why your public account is restricted. One possibility is that you have violated the terms of service. For example, if you are spamming or harassing other users, your account may be restricted. Additionally, if you are using your account to engage in illegal activities, your account may be restricted.
When you close a stock account, the funds are transferred to your brokerage account. Depending on the brokerage firm, the funds may be immediately available for trading or may need to be held until the account is fully closed.
If you close your trading account, all of your open positions will be closed and you will not be able to trade for the remainder of the day.
Yes, your employer can see your trades. However, you may be able to keep some information confidential if you keep it in a separate file or on a private computer.
There are a few potential reasons why your public account might be frozen. First, if you’ve violated our terms of service, your account may be frozen as punishment. Second, we may need to investigate an allegation made against you. Finally, if we believe that your account is being used for illegal or abusive activities, your account may be frozen to prevent those activities from continuing.
There is no way to remove 90-day restrictions on Robinhood without a full account termination. You can contact customer service for assistance but it is likely that you will need to provide proof of your identity and account ownership in order to have the restrictions removed.
If you do not close your Demat account, the bank may charge a fee of $35 per month. Additionally, the bank could sell your account to a third party and you would not be able to access it or withdraw any money.
To permanently delete your Robinhood account, go to robinhood.com and click on the “Settings” link in the upper-right corner of the homepage. From there, click on “Account Settings.” On the next page, you’ll see a section called “Deactivate Your Account.” Click on that and confirm your decision by clicking on the “Deactivate My Account” button.
To delete your Demat account online, follow these steps:Log in to your Demat account at www.demat.com.Click on the “Account Details” link in the upper right corner of the page.Under “Account Status,” click on the “Delete Account” link.Enter your account password and click on the “OK” button.
Yes, you can close your Demat account without closing your trading account.
If your Demat account is closed, you will not be able to access your funds and you will not be able to open a new Demat account.
Your employer will likely ask for your brokerage account information if they are considering you for a position in their company.
No, your boss cannot watch you on camera all day. The company’s policy is that employees are to be in the office for 8 hours per day, and no more than 40 hours per week.
There is no federal or state law that requires you to disclose your investments to your employer, although some companies may have their own policies requiring disclosure. Generally speaking, you are not required to disclose any information that would identify the specific stocks or securities you own or the value of those holdings.
