Apply Online - It's a simple seven step process that takes less than 5 minutes.
When you apply online, we prepare all necessary forms for you. Only $500 equity is required to open your PennTrade account. This initial deposit can be met with cash, equivalent securities or any combination of the two. Accounts can be funded by personal check or by transferring securities from another brokerage. We cannot accept cash or a credit card number as a means of funding an account.
fund account using one of the 3 ways:
(a) a personal check made payable to NFS. National Financial Services, LLC is our clearing firm.
(b) wiring funds - contact us for an account number and see instructions by clicking here
(c) account transfer from another broker - please see instructions by clicking here.
Special requirement for international investors
Required Customer ID Program