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Is it possible to recover from a good faith violation and continue trading cryptocurrencies on optionshouse?

avatarMahesh JakkulaDec 25, 2021 · 3 years ago3 answers

I recently received a good faith violation on optionshouse while trading cryptocurrencies. Is there any way to recover from this violation and continue trading on optionshouse? What are the steps I can take to resolve this issue?

Is it possible to recover from a good faith violation and continue trading cryptocurrencies on optionshouse?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, it is possible to recover from a good faith violation and continue trading cryptocurrencies on optionshouse. When you receive a good faith violation, it means that you have violated the trading rules by using unsettled funds to make a trade. To resolve this issue, you can deposit additional funds into your account to cover the unsettled funds. Once the funds have settled, you will be able to continue trading without any restrictions. It is important to carefully monitor your account and ensure that you have sufficient funds to cover your trades to avoid future violations.
  • avatarDec 25, 2021 · 3 years ago
    Recovering from a good faith violation on optionshouse and continuing to trade cryptocurrencies is indeed possible. When you receive a good faith violation, it serves as a warning that you have used unsettled funds for trading. To resolve this issue, you can either deposit additional funds to cover the unsettled funds or wait for the funds to settle. Once the funds have settled, you can resume trading without any restrictions. It is crucial to be mindful of the settlement period and ensure that you have enough settled funds in your account to avoid future violations.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can recover from a good faith violation and continue trading cryptocurrencies on optionshouse. When you receive a good faith violation, it means that you have violated the trading rules by using unsettled funds. To resolve this issue, you can deposit additional funds into your account to cover the unsettled funds. Once the funds have settled, you will be able to continue trading without any restrictions. It is important to be aware of the trading rules and ensure that you have sufficient settled funds in your account to avoid future violations. If you have any further questions or concerns, you can reach out to optionshouse customer support for assistance.