I have created an account and it shows that I have $500000 to trade. I bought 100 stocks of FB (note that the market is closed).
- It allowed me to make this transaction. I think it shouldn't allow when the market is closed.
- It allowed and my cash balance is not adjusted, i.e. I still have $500000 as cash balance.
Transactions
Cash in your hand: $500000.00
Stock name | Status | Quantity | Stock code | Price | Gain/loss
Alphabet Inc Class C | BOUGHT | 50 | GOOG | $0.00 | $0.00