A recurring deposit allows you to set up automatic ACH transfers from your bank account to your TradeUP account on a scheduled basis. This feature is available for all account types, including individual accounts and IRAs.
You can set up multiple recurring deposits with daily, weekly, bi-weekly, and/or monthly frequencies.
Please note: Funds are withdrawn from your bank account on the scheduled deposit day, but ACH transfers typically take 4–5 business days to fully settle. Keep this in mind when planning your deposits.
Still got questions? Contact TradeUP Customer Support by email at support@tradeup.com or reach out to us on Live Chat!