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Question

Can I buy and sell in the same day?

Answer

Yes, you can buy and sell on the same day. 

If you have a MarketMaster® and the trades settle on the same day they will simply be debited and credited from your account, if there is any shortfall due we will action your Direct Debit (if you have one). If you do not have a direct debit you will need to make arrangements to pay the money into your account by the due settlement date.

The same applies for Investment ISA and SIPP account, however please be aware that funds must be paid into your account in advance of trading and these are subject to current tax allowances.


If you have a Share Deal account with us you can also buy and sell on the same day, if the trades are in the same stock with the same settlement date we will merge the payments and you will either be paid or pay any profit or loss. If you trade different stocks they will need to settle separately.

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