What is meant by trade confirmation and settlement? How long does each take
Trade Settlements 2 full business days from trade date
When you place a buy or sell order, the price is locked in at the time of execution during trading hours through our dealer network. At that point your order is confirmed and the trading price is fixed.
Once placed, your account will reflect the order status in real time — moving from pending to confirmed to settled. Settlement typically completes by the end of the second business day after your trade, at which point your holdings or cash become available. For variable weight bars, final confirmation requires verification of the weight, serial number, and brand before the order is fully settled.
Once your trade is executed, the price is protected from any market movement through to settlement.
After confirmation, proceeds — whether cash or metals — are generally available for further trading within minutes. Please note that while funds can be used for trading right away, withdrawals are not immediately available as part of our secure trading process.