It’s possible to trade on unsettled funds with account values lower than US$30k but US trading rules apply. You can only buy and sell the same stock on the same day (known as pattern day trades) up to 4 times in a rolling 5-day period.
These rules are important as if you breach them, your account features are frozen for a period of time.
Over the next few months, we’ll be building out the features and protections that allow all Stake customers to be able to trade on unsettled funds, regardless of account value. These measures will be in place from July 1, 2020.
For a detailed overview of trading on unsettled funds, read this blog post.