Electronic funding of your online brokerage account is easy with TD Ameritrade. You can learn more about funding by visiting our Funding FAQs page.
ACH services are for the primary purpose of the purchase or sale of securities. There is no minimum initial deposit required to open an account with TD Ameritrade.
Acceptable Electronic Funding Deposits
- When funding a new account with electronic funding through the online application, you may deposit an amount more than
$50 and a maximum of $150,000. Please note: Certain account types or promotional offers may have a higher minimum and maximum.
- When depositing additional funds to an existing account, you may deposit up to $250,000 per day. There is no minimum electronic funding amount for additional deposits into existing accounts.
- When you choose to add funds to your existing account with an electronic funding request, the funds will post to your account the next business day if the transaction is requested before 5 p.m. ET.
- Electronic funding transactions must come from a U.S. bank account in U.S. funds.
- You may draw an electronic funding transaction from a personal checking or savings account titled exactly the same as the TD Ameritrade account you are funding.
- An electronic funding transaction from a joint bank account may be deposited into either bank account holder's TD Ameritrade account.
- An electronic funding transaction from an individual bank account may be deposited into a Joint TD Ameritrade account if that party is one of the TD Ameritrade account owners.
- An electronic funding transaction from an individual or joint bank account may be deposited into an IRA belonging to either account owner. Maximum contribution limits cannot be exceeded. TD Ameritrade does not provide legal, tax or investment advice. Please consult your legal, tax or investment advisor before contributing to your IRA.
Electronic Funding Restrictions
- ACH services may be used for the primary purpose of the purchase or sale of securities.
- Funds deposited electronically can be used immediately for trading most marginable securities.
- Funds deposited electronically can be used to purchase non-marginable securities, initial public offering (IPO) stocks, or options three business days after deposit settlement date.
- Within the first 60 days that the account is open, funds deposited electronically may be withdrawn three business days after deposit settlement date if they are returned to the originating bank account via wire (subject to fee) or ACH. All electronic deposits are subject to review and may be restricted for 60 days. See Funding Restrictions for more information.
- You may not draw funds from third-party accounts, such as a business account (even if your name appears on the account), or the account of a party who is not one of the TD Ameritrade account owners.
- You may not transfer funds to third-party accounts, such as a business account (even if the account owner(s) name appears on the account), or the account of a party who is not one of the owners of your TD Ameritrade account.
- Not all financial institutions participate in electronic funding. If you are unsure of your bank's policy, please consult your bank to determine if they will approve an electronic transfer of funds prior to using electronic funding. You may be charged an ACH Return Fee if your bank rejects an electronic funding transfer. Please note: When using electronic funding, a transfer reject may occur subsequent to account opening and/or after your account is credited for the amount of your electronic funding request.
- We cannot accept an electronic funding transaction from accounts drawn on brokerage accounts or some money market accounts. Transactions from credit unions and savings accounts may also be unacceptable. You may attempt an electronic funding transaction from an account drawn on a credit union or a savings account; however, the success of this transaction is subject to the acceptance of your credit union and/or financial institution. Electronic funding is not available in some retirement accounts.