Are there any restrictions on how often I can trade with an Instant GIA?

You can trade as often as you like, as long as you are not day trading. A day trade constitutes buying and selling the same asset within the same day. Your account will be frozen for 90 days if you day trade 3 times or more within 5 days. Day trading is extremely high risk and market volatility can greatly amplify loss, leading to substantial financial risks. 

The shares available for our Instant GIA are traded on the New York Stock Exchange (NYSE) which is open Monday-Friday (excluding US bank holidays) 9:30 am to 4:00 pm New York (NY)/Eastern Time (ET). This is usually 14:30 - 21:00 UK time but is subject to change according to daylight savings time. If you place your trade outside of market hours, you can expect your pending trades to complete when the NYSE next opens.

Still have questions?

Contact support@nuwealthapp.com and our dedicated Customer Support team will be more than happy to help.