How to Fund your OptionsHouse Account

Simple, fast, and easy. No minimum deposit.

Your funding choices

There are five methods to complete the initial funding of your account:

  • Electronic funding Quick transfer (ACH)
  • Wire transfer
  • Check (via mail)
  • Account transfer (ACAT)<
  • Internal transfer from another existing OptionsHouse account

Decide what funding method is best for you

For most traders, Quick Transfer (ACH) is the most popular and convenient method, but you may prefer a wire transfer, or need to transfer funds from another account. Here is a quick snapshot of each method to help you decide.

Funding method Description Fees Available for trading
Quick Transfer A free, electronic transfer of cash between financial institutions via a secure link None. Typically three business days from the date of the initial request
Wire transfer A direct, one-time transfer of funds into your OptionsHouse account No fees from OptionsHouse; however, your delivering bank may charge a wire fee. Initial funding of $5,000 qualifies for a $25 cash credit to cover any fees. Depending on the time of day of the transfer request, funds may be available on the same business day
Mail a check Personal checks can be mailed to fund your account None. Once received and posted to your account, three business days
Account transfer (ACAT) Transfer of securities or funds from an outside financial institution No fees from OptionsHouse; however, your delivery broker may charge a fee. Transferring $5,000 qualifies for a $100 cash credit to cover any fees. Seven to ten business days, once all required documents are submitted electronically
Internal transfer Transfer of cash between OptionsHouse accounts None. Funds are available the next business day

Funding is quick and easy

Once you’ve decided how you want to fund:

  • Please log in to your account and select Funding from the Account menu.
  • You’ll see your funding choices.
  • Make your choice and follow the simple process for each method – it only takes minutes.

Mailing a personal check?

If you’ve opted to mail a personal check:

  • Make your check payable to Apex Clearing Corporation and include your account number in the memo.
  • If depositing to an IRA please print and mail this IRA deposit slip along with your check.
  • Mail your check to:

Apex Clearing Corporation
Treasury Dept. 3rd Floor
2 Journal Square
Jersey City, NJ 07306

Important conditions: The deposit date is typically the day that Apex Clearing receives the check. We do not accept third party checks, checks signed to Apex Clearing, temporary, starter, Home Equity Line of Credit (HELOC), government or traveler’s checks, or money orders of credit card checks.

Future deposits and transfers

Once your account is funded, moving money in and out of your account is easy. The simplest and most convenient method is to set up an ACH link to your financial institutions. If you used Quick Transfer, or ACH, you’ve already set up a secure link, and you can add additional links at any time.

Of course, you can also transfer money in and out of your OptionsHouse account via incoming or outgoing wire transfers, or a check deposit or request.

Just log in and go the Funding > Transfer Funds in the Accounts section any time you want to move money in and out of your OptionsHouse account.

Please note: you can schedule future deposits, but all withdrawal requests need to be same day only.