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Zecco.com » General Investing » New Investors » Trading Account Registration
Last post 05-15-2008, 6:24 PM by Stardust. 4 replies.
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  •  05-15-2008, 12:41 PM 29144

    Trading Account Registration

    Reply Quote

    Hi everyone !

    I got stuck just at the beginning. can someone help me ?

    When i'm asked to fund my account. can i use an ACH transfer from italy or check deposit is better?

    and "Option Application" ? what should i select for classical performance ?

     

    hope you can help. thanks

  •  05-15-2008, 3:10 PM 29158 in reply to 29144

    Re: Trading Account Registration

    Reply Quote
    Wow! I think this might be a question for the powers that be! Click the "Contact Us" link on the main page and send them a message. Then, let us all know here so we might be better this question in the future.

  •  05-15-2008, 4:21 PM 29163 in reply to 29144

    Re: Trading Account Registration

    Reply Quote
    Yes, this is defanitly a question for customer service directly.

    However, from my knowledge working for an IRA company, if your check is drawn on a bank within the US, you are fine.  If it is drawn from an Italian bank, as a USD money order, you should be fine it's just going to be a while before you funds are avalible due to the extra time it takes to verify the money and get it cleared.  If your check is drawn on a bank in Italy, in Euro's or italian money (know what its called, not a clue how to spell it haha), odds are it may not be accepted at all, or it's going to take a very long time (10+ days) for the funds to be transfered and cleared.

    As for ACH, I have no experiance with that so not a clue.

    But this is just from my knowledge from a different company.  Not a clue how Zecco will handle this, so defanitly talk to CS.

  •  05-15-2008, 4:53 PM 29167 in reply to 29144

    Re: Trading Account Registration

    Reply Quote
    danixz:

    Hi everyone !

    I got stuck just at the beginning. can someone help me ?

    When i'm asked to fund my account. can i use an ACH transfer from italy or check deposit is better?

    and "Option Application" ? what should i select for classical performance ?

     

    hope you can help. thanks

    If you can link your bank account to this account, then you should be able to do an ACH transfer. The problem I see is that the banks overseas use swift through a US affiliate bank instead of the ABA routing numbers for transfers. As the other posters said, the customer service should have a better idea on how to make it work. "Option Application" is an application to trade options. If you don't know what options are, just ignore it.

  •  05-15-2008, 6:24 PM 29174 in reply to 29144

    Re: Trading Account Registration

    Reply Quote
    danixz:

    When i'm asked to fund my account. can i use an ACH transfer from italy or check deposit is better?

    Sorry, I don't know the answer to this one.  My guess is that you should try to use ACH transfer.  If that doesn't work, you can always send them a check deposit  later.


    and "Option Application" ? what should i select for classical performance ?

    Just select all options on the application.  Based on your trading experience, income, and credit history, your broker will approve the option level that you are qualified for.
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