Can I change orders after entering them on PennTrade?
Yes, you can change orders online after submitting them. You can even change an order after receiving a partial fill. Changing an order after receiving a partial fill will incur a new commission. [ top ] Do you offer email alerts? Yes, the PennTrade email alert system will notify you when a stock price hits your target. [ top ] How will I know my buying power? Can I overspend my account? Using PennTrade’s online “Balances” link, you can get a real-time snapshot of your buying power. In most cases the system will not allow you to overspend your account. However, there are situations where the system does allow the client to overspend their account. Therefore, it is prudent to check your balances before placing any trades. Funds on overspent accounts are due within 3 business days. [ top ] Does cash in my account earn interest? Your free cash will automatically earn interest in the Fidelity Prime Fund. Or you can choose another of our cash management funds: Fidelity Treasury Fund or Fide
