Withdrawable Balance

A withdrawable balance is the amount an account can actually pay out at a given moment, which is normally smaller than the balance shown and smaller again than the equity figure beside it. The difference is not a fee; it is everything on the account that is committed, unsettled or non-transferable. Four things typically stand between a balance and a payment. Margin supporting open positions is committed and cannot leave while they are open. Unrealised profit is a valuation rather than money received, and many firms will not release it until the position is closed. A recent deposit may still be inside the period during which the payment could be reversed. And any non-withdrawable credit on the account is, by its own terms, not the client's money to take. The practical consequence is that a payout request can be reduced or refused without anything having gone wrong, and the number to look for before requesting one is the withdrawable figure rather than the balance — where a platform does not show it separately, it is worth establishing which of the four is in the way rather than assuming a problem.