To withdraw money from a Qapital Invest Goal, we have to sell shares of your investments before making the money transfer.
Typically when you initiate a withdrawal, we’ll create the sell order on the next business day. After the trades are executed, it takes 2 business days for the funds to settle in your account per Securities and Exchange Commission (SEC) regulations. After that, we initiate a transfer of the funds. This whole process can take 7-9 business days to complete.
Additionally, the first time that you make a deposit into your Invest account, Qapital will hold the funds for 5 business days to prevent fraudulent activity. We understand this can be frustrating, but know that this hold-period is designed to keep your funds safe.
Please note: Business days are Monday through Friday, and do not include weekends and federal holidays.