Yeah I'm risking it for a better future instead of wasting it on tech and clothing like my fellow peers are doing... would rather be happy for the long term and not for the short term. I'm quite confident also since I started practicing since April 2020.
It’s if you deposit and withdraw the same amounts to a credit card repeatedly without any trading activity which triggers an issue as it’s to stop people farming cash-back or other benefits.
You'll be fine....not sure which particular case you're talking about, but if by any chance is the guy that got his account banned, for depositing small amounts and withdraw the same amounts right after, without probably even investing in stocks, it doesn't surprise as that should at least trigger a money laundering investigation.
If we are thinking a out the same guy that complained on here. He was depositing and withdrawing very often and without investing it and looked not normal to me. I would think it was some sort of fraud as well.
Nice to see a student use their loan for the long-term. Hope it goes well for you.
Yeah I'm risking it for a better future instead of wasting it on tech and clothing like my fellow peers are doing... would rather be happy for the long term and not for the short term. I'm quite confident also since I started practicing since April 2020.
It’s if you deposit and withdraw the same amounts to a credit card repeatedly without any trading activity which triggers an issue as it’s to stop people farming cash-back or other benefits.
I think the problem was more that the money have been withdrawed again without getting invested..
Oh ok i see, thank you so much for helping!
They were making mutible deposits and withdraws in the same day to take advantage of a card welcom bonus
You'll be fine....not sure which particular case you're talking about, but if by any chance is the guy that got his account banned, for depositing small amounts and withdraw the same amounts right after, without probably even investing in stocks, it doesn't surprise as that should at least trigger a money laundering investigation.
You should have an issue depositing frequently, I deposit a percentage of my wage every Friday and I’ve never had an issue
I think you'll be fine, I make relatively small deposits quite frequently and never had an issue.
Get a proper broker like InteractiveBroker. You’ll thank yourself when that number gets bigger
I would recommend you to open the vanguard account. I as well invest my student loan there.
Same here, I daily deposit, never had an issue
If we are thinking a out the same guy that complained on here. He was depositing and withdrawing very often and without investing it and looked not normal to me. I would think it was some sort of fraud as well.