When can the proceeds after the contract is closed be withdrawn?

When can the profit after closing the Zimo contract be transferred out? This is a question that concerns many investors. In contract trading, the profits after closing the position cannot be transferred out immediately, but need to go through a certain settlement and liquidation process. Generally, profits will be settled into your account within T 1 or T 2, depending on different exchange regulations. During this period, you can continue to perform other trading operations, but you cannot withdraw the profit from closing the position. Therefore, when conducting contract transactions, investors need to pay attention to the time when profits are received after the contract is closed, so as to manage and plan their funds well.

When can the profits after closing the contract be transferred out?

The profit after the contract is closed can usually be withdrawn immediately according to the policy of the contract trading platform, but it may also take a certain period of time. Different platforms may have different regulations, including but not limited to the following 4 points:

Some trading platforms allow users to withdraw profits immediately after the contract is closed and transfer the funds to the available balance of the wallet or trading platform account. This instant withdrawal function allows users to make profits at any time.

2. Settlement time: In some cases, the withdrawal of profits may require waiting for settlement time. The settlement time will depend on the contract type and the regulations of the contract trading platform. Generally speaking, market rules and clearing mechanisms will determine the length of settlement time, which may take a few minutes or longer. During this period, the trading platform will perform settlement and clearing operations to ensure the safety and accuracy of funds. Therefore, investors need to wait patiently for settlement to be completed before withdrawing profits.

Some platforms may set cooling periods to manage risks and prevent market manipulation. During the cooling-off period, you cannot withdraw profits. Once the cool-down period is over, you can successfully withdraw your profits.

The profit will be settled when the contract expires and cannot be withdrawn in advance.

What is the difference between contract closing and market price closing?

Contract closing and market price closing are two different contract trading operations. The difference lies in the execution method and timing:

Contract closing is selling or buying based on the set price One or all positions in a contract. This price is set by you, and the trade will only be executed when the market price reaches or exceeds this price. Contract closing can be used to partially or completely close a position, and you can set the closing price for selling a contract (short) or buying a contract (long).

Market price closing is an instruction. You tell the trading platform that you want to immediately close all positions in the contract at the current best price in the market. There is no need to set a price for full market price because it will be executed at the current best price in the market, ensuring that all positions are exited as quickly as possible.

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