Home/FAQ/Open & Fund Account/How long does it take for funds to clear for trading?

How long does it take for funds to clear for trading?

It depends. Which of the following funding methods are you using?

  • The fastest way to fund your account is to directly link your bank account to Motif. Deposits of up to $5,000 per day, for non-retirement accounts, will be made available to you. Any amount over $5,000 will be available for trading in 1-5 days, depending on cleared positions in your Motif account.
  • If you request an ACH deposit with micro-deposits, we will first initiate two micro deposits to your bank account (please allow up to 48 hours for the transfers to appear). Then you must verify those micro-deposits in your Motif account to connect your bank account. After requesting a deposit, funds will be available for trading in 1-5 days, depending on cleared positions in your Motif account.
  • Wire deposit is another fast way to fund your account; funds are typically available for trading as soon as they are received and posted.
  • If you fund your account by check, funds will clear for trading on the fourth business day.
  • Account transfers (ACATs) from another broker typically take up to 10 business days to process. Keep in mind we only accept ACATs for listed securities, ETFs and cash.