Scottrade Online Stock Trading
  • Switch to Scottrade
  • Open an Online Trading Account
  • Log In
  • Contact Scottrade

Ways to Fund Your Scottrade Account

Funding Your Scottrade Account - Additional Information

Trading Restrictions

Trading restrictions apply to recent Money Direct deposits and uncleared check deposits. These funds cannot be used to purchase stocks under $4, non-marginable stock, unlisted stock or any options. For margin accounts, these funds cannot be used to meet a margin sell letter. Scottrade reserves the right to impose additional restrictions.

Deposit Type Trading Restriction Period (in Business Days)
Money Direct 3
Wire Transfer 0
Personal Check 0*
Cashier's Check 0
Certified Bank Check 0
Money Order 0*
Third Party Check 0*
Money Market Check 0*

* Trading restrictions apply if the deposit amount is significantly greater than the available equity in the account.

Money Direct Deposit Limits


Limit Type Limit Amount
Minimum deposit limit per transfer $1
Maximum deposit limit per transfer $100,000
Deposit limit for 1 day* $100,000
Deposit limit for 7 days* $200,000
Deposit limit for 1 month* $800,000

* The total amount of all transfers initiated during this period cannot exceed the corresponding limit amount.

Additional Check Types to Fund Existing Accounts

  • Starter/counter checks with encoded ABA routing and account numbers
  • Third party checks endorsed to Scottrade, including payroll, corporate, government and tax refund checks
  • Credit card checks (only accepted to cover a debit)
  • Home Equity Line of Credit Checks (only accepted to cover a debit)

Check Acceptance Restrictions

    Scottrade does not accept:

  • Traveler’s checks
  • Gift checks
  • Post dated checks
  • Checks made payable to cash
  • Altered checks
  • Bank drafts
  • Checks issued over 6 months ago

Scottrade reserves the right to refuse a check for any reason.

Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

No information on this web site should be considered a recommendation or solicitation to invest in a particular security or type of security.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Scottrade's margin agreement is available on our web site and at our branch offices; and contains the Margin Disclosure Statement and information on our lending policies, interest charges, and the risks associated with margin accounts. Options are not appropriate for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available from your local branch office or here). All option accounts require prior approval by Scottrade.

Market volatility, volume, and system availability may impact account access and trade execution.