What is withdrawable balance in a trading account?

Withdrawable balance is the portion of your account funds that you can actually pull out to your bank account right now, which is often smaller than your total or available trading balance. Funds used as margin for open positions, amounts tied to unsettled trades (especially recent equity sell proceeds still within the settlement cycle), and pledged collateral aren’t withdrawable even if they show up in your overall balance. For example, if you sold shares today, those sale proceeds might be usable for further trading margin almost immediately, but not withdrawable to your bank until the T+1 settlement completes. You check the specific withdrawable balance figure, usually shown separately in the funds or portfolio section of the app, rather than assuming your full account balance is available for withdrawal.