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Topping-up your Stockspot account

How to top-up your Stockspot account, minimums for different account balances, investment timeframes

Sarah King avatar
Written by Sarah King
Updated over 2 weeks ago

You can add funds to your Stockspot account anytime! You have full flexibility and control.

You can set-up a regular transfer from your bank account to your Stockspot cash account for any amount at any frequency.

Or you can deposit funds as a larger lump sum if you prefer.

When will my funds be invested?

For portfolios under $200,000:

Your top-up funds are invested once your cash balance reaches $500

For portfolios over $200,000:

Your top-up funds are invested once your cash balance reaches $2,000

Example 1:

Your Stockspot portfolio is currently $10,000.

If you add $100 per week, your funds will be invested every 5 weeks.

($100 x 5 = $500)

Example 2:

Your Stockspot portfolio is $210,000

If you add $250 per week, your funds will be invested about every 8 weeks

($250 x 8 = $2,000)

Are top-up mandatory?

Top-ups are optional however, are the best option for growing your portfolio over the long term.

If your portfolio is smaller (under $10,000) and you are building your way up to owning all of 5 ETFs, we recommend you set-up a regular top-up into your Stockspot account. The minimum amount recommended is $250 per month or any amount that works for your financial circumstances.

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