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ARE
MY TRADING ACCOUNT FUNDS TRACKED & SECURE? |
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YES.
All sub-contractor account deposits are completed
via secure, traceable bank wires to US-based banks
utilized by our affiliate private capital groups. For complete
details regarding sub-contractor account protection,
please check out our
Client Security Center.
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CAN I
TRANSFER SECURITIES FROM MY EXISTING BROKERAGE
ACCOUNT? |
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NO.
Sub-contractor accounts are currently not set up to
handle ACH transfers of securities directly from an
existing brokerage account. However, accounts
may be funded via a check written on your existing
brokerage account provided the account name matches
the name used on your sub-contractor account
paperwork. Please note that all personal check
funds must be cleared prior to being credited to
sub-contractor trading accounts. |
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HOW DO I FUND MY SUB-CONTRACTOR ACCOUNT? |
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Sub-contractor accounts may be funded via bank wire
(domestic and international) or approved third-party
brokerage transfers.
Please refer to our
Deposits section
for complete instructions on funding sub-contractor
accounts. |
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HOW DO I
WITHDRAW FUNDS FROM MY SUB-CONTRACTOR ACCOUNT? |
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Trading
funds are available for withdrawal via bank wire
(domestic and international) or by check request.
Please refer to our
Withdrawal section
for complete instructions on withdrawing funds from
your sub-contractor account. |
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WHAT IS THE MINIMUM DEPOSIT REQUIRED TO OPEN AN
ACCOUNT? |
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Sub-contractor accounts require clients to deposit a
minimum of $5,000. Restrictions are placed on account trading should
the equity balance fall to an amount of $2,000 or
lower. Please review our
Deposits section
for complete funding details. |
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CAN I
WRITE CHECKS DIRECTLY FROM MY SUB-CONTRACTOR
ACCOUNT? |
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NO.
Currently, sub-contractor accounts are not set up
for direct checking writing capabilities. |
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WHAT ARE
THE FEES FOR DEPOSITING AND WITHDRAWING FUNDS FROM
MY ACCOUNT? |
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Please
refer to the following information pertaining to
deposits and withdrawals for your sub-contractor
account or check out our
FEES section. |
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Incoming Wire Fee:
$10.00** |
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Outgoing Domestic Wire Fee:
$25.00** |
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Outgoing
International Wire Fee:
$50.00** |
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Check Request -
Express Delivery: $20.00** |
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WHEN I NEED TO MAKE A WITHDRAWAL, HOW QUICKLY CAN I
ACCESS MY FUNDS? |
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Trading
funds are available immediately pending any
outstanding trade settlements. Funds are
available for withdrawal via bank wire transfer or
check request.
Click here for complete
details and instructions for requesting funds from
your sub-contractor account. |
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HAVE MORE
QUESTIONS OR NEED ADDITIONAL HELP? |
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Feel free to
contact a WTC representative seven days a week for
assistance. |
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Call us
toll-free at 1-866-473-5069
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E-mail us
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Send a fax to
1-866-611-0913
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Chat with a
representative via Live Support.
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