Click on “Fund Transfers”
Select an option (Check, ACH, or Wire Transfer)
Funding your account is made simple with Place Trade and our clearing firm (IB). To deposit funds in your PT account, you must first complete a deposit notification. This will allow the clearing firm to properly identify incoming funds and will ensure your funds retain their originating currency of denomination.
Internal Funds Transfers
To make an internal fund transfer, you must complete an Internal Funds Transfer request. You can do this in the Account Management/Funds Management page. Funds that are on hold cannot be internally transferred.
Account processing will occur within one (1) business day after receipt. Once your account has been approved, cleared funds are required to begin trading. All checks including certified and cashier's checks require a minimum of 5 business days before becoming available for investing. For options trading, a minimum of 7 business days is required.
With the exception of the minimum investment to open an account, Place Trade Financial does not require a minimum balance to be maintained and does not charge maintenance fees for inactive accounts. (Please note that commissions and fees can change without notice.)
For more information on funding your account, please click here.