ACH Deposit

It will take up to 5 business days to complete after we received your ACH deposit. We’ve released a portion of your deposit into your buying power until funds have settled. We will let you know once the remaining funds are available. Please note that option trading and purchases in advisory portfolio accounts are limited to your early settled funds.

The early released amount is determined by your balance:

  1. If the deposit amount is less than $1,000, you will get the whole amount early released.

  2. If over $1,000, the early released amount will be the smaller one of your pre-close total net equity and deposit amount, but no less than $1,000. If you are a margin account, will get early released 2X buyingpower (based on 50% requirement).

Please note, the early released amount will change when your pre-close equity changing. If your position market value drops, the released amount will reduce either.

ACH return

Your bank will reverse the money back for following reasons, that may cause additional fees and unexpected debits.

  • Insufficient Funds
  • Incorrect Account Type (doesn’t support ACH transactions)
  • Duplicate Transaction
  • Declined Transfer

To aviod this, we highly recommend:

  • Please make sure you have the necessary funds in your bank account for 1-2 business days after applied an ACH tranfer. Please note some banks will charge maintenance fee.
  • Confirm that your bank account is available on standard outgoing ACH transfers, and the information entered when linked the account is correct.
  • Be careful when making transfers from a savings account because it might be limited to 6 transactions per month (including any small amounts we transferred to link the account manually).

Once we get the ACH return notice from your bank, we will block the deposit amount and reversal fees from your buyingpower until the money goes out to refrain from further debits.