Available balance

Your available balance is the amount you can use for new orders. It is the cash in your account that is not already held for open orders or open positions.

• When you place an order, the cost of the order is held until it is matched or canceled.
• If you cancel an order, or it is rejected, the funds held for it return to your available balance.
• When a position settles, the funds released by the settlement are added back.

Because positions on STX are fully collateralized, you need enough available balance to cover the maximum loss on a new position. See Trading and orders and Portfolio value.