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What happens if I do not have sufficient funds available to make a purchase?
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You must have sufficient funds in your Interactive Investor Share Dealing account in order to execute any purchase orders including TradePlan purchase orders.

However, you can place a TradePlan order to buy shares without having the funds available at the time of placing the order, i.e. on the basis of future stock sales and cash transfers clearing before your limit criteria are met and further orders executed. This allows you to effectively 'programme' your trading account to execute a series of trades dependent upon different eventualities occurring in the market.

Please note that if you do not have sufficient cleared funds in your account at the moment any limit criteria are met, then the execution will fail and any TradePlan order will be cancelled.

To view your available funds, check the 'Available to Invest' box, which is located in the top right hand corner of the page within the Interactive Investor Share Dealing Trading Application. Any recent stock purchase/sales and money transfers will be taken into consideration when calculating your available balances.

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