new trader

Discussion in 'Trading' started by spencer, Oct 17, 2015.

  1. spencer

    spencer

    I'm a new trader here, and I'm looking to despoit and withdraw faster than a wire, but without the many fees, so I may do it over and over agian?
     
    lawrence-lugar likes this.
  2. rmorse

    rmorse Sponsor

    Not faster than a wire but ACH is often free. May I ask why you need to do this that often and that fast?
     
    Last edited: Oct 17, 2015

  3. As far as I know IB allows one free ACH withdraw per month - they did a few years ago perhaps it has changed now. IMO ......... Once a month withdraw is more than enough, and I see no barrier in the 3 days or so for access to the funds.


    Another choice is to link your trading account with your bank account. TD Ameritrade account to TD Bank account. My BMO Investorline account is linked to my BMO Bank account and you can transfer money back and forth instantly with no fees.




    :)