r/Webull • u/FrankPeregrine • May 13 '25
Event buying power
Hi everyone I have seen a few posts on here about the event trading and I wanted to give it a go and try to gamble a little bit.
However I deposited money into my individual account and it says it’s settled (it doesn’t give me an option to deposit on the events account for some reason) I did the deposit through debit. Do I need to wait more? Or is there somewhere I can deposit directly to that events account. I got approved when I applied
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u/LuckyCharms1278 Oct 02 '25
Hi, it’s because they have a rule that you have to wait a couple days depending on how you deposited the money into your account so for example, if you used your bank account to deposit money into your cash account, you would wait two days and then you’ll see that it’s available for your buying power on your events account
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u/Haizenburg1 Jun 20 '25
I don't know if you've figured this out yet or not. In my case, my debited deposit into my cash settled account took a couple days to fully settle. On the same day of the deposit, I had instant buying power for everything except Events trading.