posted
I have Tradingdirect as my broker and I was thinking about taking advantage of their ACH program where I would give them authorization to be able to deposit funds to my bank account and vice versa. I am pretty new at trading and was wondering if anybody already has this with their borker and what they think of it (reliable...?). And is it safe?
quote:Originally posted by Jhgrr2: I have Tradingdirect as my broker and I was thinking about taking advantage of their ACH program where I would give them authorization to be able to deposit funds to my bank account and vice versa. I am pretty new at trading and was wondering if anybody already has this with their borker and what they think of it (reliable...?). And is it safe?
ps -- not meant to be an advertisment just looking for some guidence
Thanks
I am with Ameritrade and I have it set up to transfer funds from my money market account to them, as my account with them is an IRA I am not set up for them to send money back to me. This is the fastest way to get your money into you trading account ( unless they are in your area and you can go to your broker and deposit) to answer you question I do believe its safe.
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
| IP: Logged |
posted
I have a mytrack account and they use E-check which takes about 3 days. I also have a tradingdirect account and I did signn up for the ACH program but after reading it over, I just sent them a check it seemed simplier.
Posts: 1 | From: joliet, il, usa | Registered: Apr 2004
| IP: Logged |