Any new deposit made into a SoFi Invest account is placed on a five-business-day hold. The sixth business day is when your funds are available to be withdrawn. You are still able to make purchases and place trades during this holding period.
Do keep settlement times in mind as well, when you sell a stock or ETF, the funds must settle for two business days before the proceeds can be withdrawn.
Mutual funds have a one to two business days settlement period, and the timeframe for Alternative Funds to liquidate and settle may be longer depending on their interval window.
If your funds are settled but are not available to withdraw, please reach out to one of our Invest agents by phone or chat to review your account.