Freetrade is messing you over? Um, if you didn't try doing convoluted trades like that, it probably would work the way it is supposed to. Selling some stock in no way increased your DTBP. It did allow you to buy some other stock and hold it over night without getting a margin call. Just the way you did the trade, I wouldn't have expected all your DTBP to have come back, since some of it was still tied up in the shares you hadn't sold. They have no way of knowing if you are going to sell all the shares, or keep some of them until after the market closes. Therefore they can't give you back all your DTBP.
I think you'll find that if you do more simple straight forward trades it will work the way it is suppose to.
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