Electronically transfer funds to and from your checking. ACH transfers typically take 24-48 hours to process and are available for no charge. There is a limit of $50,000 per day for all ACH transfers.

To get started, download and complete the ACH Authorization form. Attach a voided check with the completed form and mail, fax or email to:

[email protected]
Fax: 845-622-4878
SpeedTrader
1717 Route 6, Suite 102
Carmel, NY 10512

* The minimum amount for ACH transfer is $100, incoming or outgoing.
* ACH Relationships cannot be established for UTMA/UGMA accounts.
* We hold all initial ACH transfers for an additional 3 business days.
* In the event that an ACH is reversed by NACHA, a $40 fee will be charged and the account will be asked to send funds via an alternate method (wire, cashier’s check, or certified funds). Funds from ACH deposits cannot be withdrawn for a period of 5 business days due to our clearing firm’s policy.

DTC is a method of transferring cash positions (fully paid-for stocks) from your existing brokerage firm to your SpeedTrader online trading account. These transfers typically take 3-5 business days.

To fund your trading account via DTC transfer, please put in a DTC transfer request with your current firm and provide the following information:

Clearing Firm: COR Clearing, LLC
1200 Landmark Center, Ste. 800
Omaha, NE 68102-1916
DTC/Clearing Number: 0052
For Credit To: Your SpeedTrader Account Number
Your SpeedTrader Account Name

Not all securities are able to be transferred via DTC. If you are unsure whether the securities you want to transfer are eligible, please Contact Us

Automated Customer Account Transfer (ACAT) is typically used to transfer an entire account (including cash and securities) from another broker to your SpeedTrader trading account.

Please sign and complete the ACAT Form and return it to us with your new account paperwork. Make sure to include a copy of your most recent monthly statement from the transferring broker. You will also need to provide supporting documentation proving how you obtained the securities. You may also fax us a copy of the form so we can initiate your transfer, but we must still receive the original copy. (ACAT transfers take approximately 7 business days).

Mail, fax or email all documents to:

[email protected]
Fax: 845-622-4878
SpeedTrader
1717 Route 6, Suite 102
Carmel, NY 10512
(800) 874-3039

To fund your SpeedTrader account via wire transfer, please wire funds to our clearing firm, COR Clearing:

Bank Name: BMO Harris Bank
111 West Monroe Street
Chicago, Illinois 60690
ABA Number: 071000288
International SWIFT Code: HATRUS44
Bank Account Number: 3174109
Bank Account Name: COR Clearing LLC
1200 Landmark Center, Ste. 800
Omaha, NE 68102-1916
For Further Credit To: Your SpeedTrader Account Number
Your SpeedTrader Account Name

* Please be advised that wire transfers may take up to 24 hours to post for domestic wires and up to 48 hours to post for overseas wires. Wired funds are available immediately after being posted to your account.
* Funds will be returned if the funds are deemed Third Party (defined as any account other than one of the same name as the account title held at SpeedTrader) or if the account is not opened.
* Incoming funds can only be sent in U.S. Dollars (USD$). We do not accept foreign currencies.

All client depositing stock via DWAC must have at least $1,000 ($15,000) in their account prior to sending a DWAC to SpeedTrader.

All client’s will also need to provide supporting documentation proving how the securities were acquired.

Mail, fax or email all documents to:

[email protected]
Fax: 845-622-4878
SpeedTrader
1717 Route 6, Suite 102
Carmel, NY 10512

We do not accept physical certificates for deposit. However, you can ACAT transfer (listed securities only) from another broker/dealer. You will also need to provide supporting documentation proving how you obtained the securities.

Mail all documents to:

SpeedTrader
1717 Route 6, Suite 102
Carmel, NY 10512

Electronically transfer funds to your checking. ACH transfers typically take 24-48 hours to process and are available for no charge. There is a limit of $50,000 per day for all ACH transfers.

To get started, download and complete the ACH Authorization Form.

Attach a voided check to the completed form and mail, fax or email to:

[email protected]
Fax: 845-622-4878
SpeedTrader
1717 Route 6, Suite 102
Carmel, NY 10512

Once your bank is set up, you just need to email us and request the amount you would like to ACH to your account.

Check Request Form

Checks requested will be made payable to the account holder(s) and mailed to the address of record only.

Overnight Fee: Your account will be debited $20.00, if you choose the overnight delivery option. The overnight delivery option is only available for check requests. Overnight delivery cannot be made to P.O. boxes or overseas.

In order to request your funds, you need to print the appropriate form, fill it out, then sign and FAX it to us along with a photo ID. Our fax # 1-845-622-4878.

Stock USA Execution Services gives you access to your funds through the Funds Request forms whether you’re requesting a check transfer. The amount you may request is based upon your available cash or available cash given any open orders as shown in your portfolio. Current open orders can affect how much you are allowed to request. Upon entering a request, your available cash will be debited for the amount of the fund request. Newly deposited funds will only be available for withdrawal 10 business days after the date of deposit.

Cut-off Time: The cut-off time for funds requests to be completed the same day is 1:00 PM EST

Wire Request Form

In order to request your funds, please complete the Wire Transfer form (fillable PDF) online, print sign, date and fax to 845-622-4878 or email to [email protected], along with a valid government photo ID. If you have any questions, please call: 800-874-3039 8 a.m. to 5 p.m. EST.

*Please Note: Our clearing firm will only wire to the exact same name as you have listed on your brokerage account with our firm. Wires to third parties are not permitted. If we cannot confirm this information at the receiving institution, your wire request may be delayed or rejected.

*Wiring to Another Broker: If you are wiring to another brokerage firm, under “Beneficiary Bank Account Title” you would put either that firm’s name or their clearing firm’s name, depending on their wiring instructions, and their bank account number. Then, you would put FFC (for further credit) to your name and account number with that other firm.
If you are wiring directly to a bank account in your name, then there is no FFC necessary.

*Wire Fee: Your account will be debited $25.00 for domestic wires or $60.00 for international wires.

*Stock USA Execution Services gives you access to your funds through the Funds Request forms. The amount you may request is based upon your available cash given any open orders as shown in your portfolio. Current open orders can affect how much you are allowed to request. Upon entering a request, your available cash will be debited for the amount of the fund request. Newly deposited funds will only be available for withdrawal 10 business days after the date of deposit.

*Cut-off Time: The cut-off time for fund requests to be completed the same day is 2:00 PM EST