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Frequently asked question
The minimum deposit to open an account is $500.00. If your account falls below $100.00, you will be restricted from trading until you bring your balance back to $500.
You can login to your account and see the many funding options available.
To withdraw funds from your account, please follow these simple steps:
Login into your SpeedTrader Account Dashboard at: https://app.speedtrader.net/ with your username (your registered e-mail).
Once logged in, click into the ‘Banking’ tab at the top of the page.
Click on ‘Withdraw’
Select your preferred withdrawal method. Please note that funds are required to be sent back the same way they were received, unless your funds exceed the amount deposited, the portion that is in excess can be sent any way.
Intraday leverage is 6-1 on marginable security. The cleaning firm can reduce the lavage on any security based on violitity without notice.
Any account that is holding more than 2-1 leverage at 3:50PM EST, 10 mins before the market close, will be reduced in position to 1-2 leverage.
Overnight leverage is 2-1 on marginable securities.
No SIPC insurance protection.
SpeedTrader International Limited, a Registered Financial Service Provider and a Member of the Dispute Resolution Scheme.
Please see our pricing page.
Market Data is billed on the 1st of every month and at the time you initially set up your market data platform.
Withdrawal fee is $20, plus whatever the 3rd party charges.
SpeedTrader International Limited is a registered financial service provider.