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Withdrawals
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Check & Wire Requests
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Requests to withdraw funds may be placed by calling Customer Services toll free at 1-800-597-8767. You may also download and complete the appropriate form and fax your request to (202) 466-6895.
Check Request Form (free of charge)
Wire Request Form (Charges - $25 domestic, $50 international)
- Requests received after 12pm EST will be processed the following business day and will be subjected to the next day's settlement balances, which could result in delays due to overnight changes in your available cash.
- Please be sure that all information is correct before submitting your request. Charges will incur for wires returned as a result of inaccurate information.
- Please call Customer Services at 1-800-597-8767 to verify that your request has been received.
- In order to process your request without delays, please ensure that the following items have been verified:
- The requested amount is available in settled funds. Please remember that all trades take 3 days to settle.
- The mailing information on your account is correct and up-to-date. If your account has returned mail, your request will not be processed.
- The account has not received a check deposit within the last 10 days. Funds deposited by check will not be available for immediate withdrawal for 10 days.
- The account has had recent trading activity. If you have deposited funds but have not traded, please provide a reason for withdrawing your funds.
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IRA Distribution Request
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Please complete an IRA Distribkution Form and send to:
Success Trade Securities, Inc. 1900 L Street, NW Suite 525 Washington, DC 20036
Once approved, your distribution will be sent by check to the mailing address on record. If you would like to wire the funds, please submit a Wire Request Form along with your distribution request. Charges for wire requests will apply.
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Stock Certificates
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You may request certificates to be forwarded to your mailing address on record by submitting a signed written request to:
Lowtrades, a division of Success Trade Securities 1900 L Street, NW Suite 525 Washington, DC 20036 Fax: (202) 466-6895
- Please be sure to indicate the name of the security and number of shares in your request.
- A charge of $75 per certificate will be deducted directly from your account.
- Certificates will not be issued if the funds are not available in your account.
- All checks must be made payable to our clearing firm, Penson Financial Services, Inc.
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Account Transfer
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Automated Customer Account Transfer (ACAT)
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In order to transfer your Lowtrades account to another brokerage account, you must initiate the request by contacting the firm you are transferring to. Out-going account transfer fees will apply.
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Transfers through DTC (Depository Trust Company)
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Your may partially transfer your account to another brokerage firm by submitting a signed written request with the following information:
Your Lowtrades Account Number
Receiving Firm Name and Address
Receiving Firm DTC / Clearing Number
Your Account Number at the Receiving Firm
Please send all requests to:
Lowtrades, a division of Success Trade Securities 1900 L Street, NW Suite 525 Washington, DC 20036 Fax: (202) 466-6895
- Allow 3-5 business days for processing
- Please be sure that funds are available in your account to cover charges.
- All checks must be made payable to our clearing firm, Penson Financial Services
- A charge of $10 per security will be incurred and deducted directly from your account provided at least one marketable security is retained in the account
- If no marketable securities are retained then out-going account transfer fees will apply
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Member FINRA & SIPC | Washington DC System response may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors Substantial risks are involved with electronic trading. Please read the statements, disclosures and notices linked below. Options involve risk and are not suitable for all investors. Please review the Characteristics and Risks of Standardized Options.
Privacy Statement | Risk Disclosure Statement | SEC Rule 606 Disclosure | Penny Stock Disclosure | Investor Links User Agreement | Margin Disclosure Statement | Extended Hours Trading | Business Continuity Plan |
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