When you place a buy order that hasn't filled yet, the money needed for that order is set aside as reserved cash. It stays in your account but can't be withdrawn or moved until the order is filled, cancelled, or expires.
Why is this changing?
We want the amount shown as available to withdraw or move to always reflect what you can actually act on.
We have aligned the behaviour across all investment accounts so that reserved cash is excluded from both withdrawals and transfers.
Which accounts does this apply to?
- Invest
- Stocks ISA
- Cash ISA
- SIPP
- Crypto
CFD accounts are not affected and continue to work as before.
📄 Note
Some account types may not be available to you - this depends on which Trading 212 company your account is registered with.
What can't I do with reserved cash?
While cash is reserved against a pending order, you can't:
- Withdraw it to your bank account
- Move it to another Trading 212 account (for example, between Invest and ISA)
- Convert it between currency wallets
- Use it to top up your Spending Pot
How do I free up reserved cash?
The reservation ends automatically when the pending order:
- Is cancelled by you — the cash returns to your available balance
- Expires or is rejected — the cash returns to your available balance
If you don't want to wait, you can cancel the order, and the money becomes immediately available.
❗️ Important
Some pending orders can't be cancelled. Where cancellation is available, you'll see the option in the app.
Where do I see my reserved cash?
Reserved cash is part of your portfolio balance. The amount that is reserved against your pending orders becomes visible when you start a withdrawal or a transfer that would be affected by it.
I'm on Crypto — has anything changed for me?
The behaviour on Crypto is the same as before — reserved cash was already blocked. The only change is that other investment accounts (Invest, ISA, SIPP) now behave the same way.