Is it true that the stock app can't withdraw cash and let me recharge 500 thousand?

It's not true, let all money changers be fake. There is no need to recharge the cash withdrawal. You may not have chosen the right stock trading platform and software. If you are deceived, immediately sort out the data and evidence and call the police.

There may be the following reasons why the regular stock market APP cannot withdraw cash:

First, the cash financing business of securities companies has been opened and must be cancelled before withdrawing money.

Your stock was sold on the same day, and the funds sold on the same day can only be used to continue trading. If you want to wait for the next trading day in advance. The available funds for the next transaction will become the fund balance, and cash withdrawal can only be carried out on the trading day at this time.

3. There are reverse repurchase funds in your account, and the funds due on the day of reverse repurchase of bonds are available funds, which can only be used for trading and cannot be withdrawn until the next trading day.

Extended data:

The nature of the stock:

1. Stocks are securities. Stock is a kind of securities with property value, which records the type, face value and the number of shares represented, and reflects the rights of stock holders to the company.

2. Stocks are warrants. Shares represent the rights of shareholders. Anyone who legally holds shares can exercise rights over the company according to law. When the shares of the company are transferred, the rights and interests of the shareholders of the company are also transferred.

3. Stocks are important securities. Stocks shall be in paper form or other forms prescribed by the securities regulatory authority of the State Council, and the contents and items recorded therein shall conform to the provisions of the law.

4. Stocks are negotiable securities. Stocks can be traded in the stock exchange market according to law.

II. Steps for opening a stock account:

1. Bring your ID card to a securities company or major banks to open an account.

2. Investors need to fill in the application form and pay the handling fee; Submit the relevant documents, application forms and receipts of account opening fees to the counter undertaker;

3. After the undertaker verifies that the above materials are correct, the applicant takes back the relevant certificates and receipts and gets the stock account card.

At present, most securities companies are free to open accounts, and you can also ask the account manager to adjust the commission.

Third, the stock trading time

At present, the trading hours in the A-share market are Monday to Friday, which are illegal holidays, from 9: 30 am to 1 1: 30 am and from 13: 00 pm to 15: 00 pm. A shares are closed on holidays or weekends.