Common use of Instant Access to Customer Deposits Clause in Contracts

Instant Access to Customer Deposits. Instant Access to Customer Deposits is a Broker service that offers limited margin to allow customers to trade using unsettled funds up to the temporary limit amount in their Customer Account. Instant Access to Customer Deposits requires a minimum deposit of $2,000 or 100 percent of the purchase price—whichever is less—in the Customer Account before purchasing a security. The Customer understands if Instant Access to Customer Deposits is utilized the Customer will not place trades that generate a debit balance.