Lightspeed offers clients multiple funding options, including ACH electronic transfers, wire transfers, and account transfers.
We do not accept third-party transfers. All deposits into your Lightspeed account should come from a bank or brokerage account of the same title.
Minimum equity balance to maintain trading privileges.
ACH transfers initiated through your bank will be rejected. Lightspeed requires ACH relationships as well as ACH transfers to be initiated through the customer portal.
If you do not know your login information, please contact a representative for assistance.
Wire transfers are only permitted between like-named accounts. All deposits into your Lightspeed account should come from a bank or brokerage account of the same title.
Only same-day wire transfers are accepted. Some banks offer “free” or “next day” transfers which banks may define as wire transfers but are processed as an ACH. Any such transfer processed as an ACH will be rejected by Lightspeed. Please check with your bank regarding the delivery method before requesting a transfer.
Third-party transfers, including wires from solely owned business accounts to accounts in the name of the business owner, are considered third-party transfers and will not be accepted. Deposits to Individual/Joint accounts must come from an account held under the same name(s). Deposits into accounts in the name of an entity will only be accepted from an account in the same entity name.
To avoid delays please be sure to include your account name and Lightspeed account number in your wire instructions. If your bank does not offer a “For Further Credit” field in their wire instructions form, it may be displayed under a different term, such as “Additional Information” or “Notes to Recipient”, etc.
If you intend to fund your account via an Account Transfer from another broker (ACATS), please complete the Account Transfer Form (ACAT Form) and submit it with a copy of the most recent account statement to [email protected]. Account transfers are only permitted between like-named accounts.
Bank Name: U.S. Bank
Bank Address:
80 S 8th Street, Minneapolis, MN 55402 or,
Portland, OR
ABA/Routing #: 123000848
Beneficiary: Wedbush Securities, Inc.
Beneficiary Address:
1000 Wilshire Blvd, Los Angeles, CA 90017
Beneficiary Account: 153910900825
For Further Credit to (FFC):
Your name and account number*
For cash account types, add a "1" to the end of your account number.
For margin account types, add a "2" to the end of your account number.
Bank Name: The Bank of New York Mellon
Bank Address:
225 Liberty Street, New York, NY 10286
Secondary Bank Address:
240 Greenwich St, New York, NY 10007
SWIFT Code: IRVTUS3N
Beneficiary: Wedbush Securities, Inc.
Beneficiary Address:
1000 Wilshire Blvd, Los Angeles, CA 90017
Beneficiary Account: 8540900001
For further credit to (FFC): Your name and account number
For cash account types, add a "1" to the end of your account number.
For margin account types, add a "2" to the end of your account number.
You may have funds sent directly to your bank account via wire.
The receiving firm would initiate an outgoing ACAT request. A request should be submitted to the contra firm through their process, and they would contact Lightspeed to initiate the delivery of the account.
To request a check, simply login to the client portal, go to the funding tab, and then select the Check Request tab. Enter the amount and select the delivery method (standard - free or overnight $30)
You may have a check mailed to the address of record.
Third-party transfers, including wires from solely owned business accounts to accounts in the name of the business owner, are considered third-party transfers, and will not be accepted.
Deposits to Individual/Joint accounts must come from an account held under the same name(s). Deposits into accounts in the name of an entity will only be accepted from an account in the same entity name.
We do not accept third-party transfers. All deposits into your Lightspeed account should come from a bank or brokerage account of the same title.
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Equities, equities options, and commodity futures products and services are offered by Lightspeed Financial Services Group LLC (Member FINRA, NFA and SIPC). Lightspeed Financial Services Group LLC’s SIPC coverage is available only for securities, and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. You may check the background of Lightspeed Financial Services Group LLC on FINRA’s BrokerCheck.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.