Fund Your Account

Check Deposit

  1. Make a check payable to X Trade Center.
    All checks must be made payable in U.S. dollars and payable through a U.S. bank.
  2. Write your account number on the check.
  3. Mail check to:
    X Trade Center Inc.
    30-50 Whitestone Expwy.
    Ste. A301
    Flushing, NY 11354
Processing of check deposits are currently delayed due to the impact of COVID-19. For faster funding, please use the ACH Electronic Funds Transfer or Wire Funds Transfer methods. * Note: For acceptable forms of deposit, please see our Check Depositing Guidelines below.

Check Deposit for IRA Contribution

  1. Make a check payable to X Trade Center.
    All checks must be made payable in U.S. dollars and payable through a U.S. bank.
  2. Write your account number and indicate the IRA contribution tax year on the memo section of the check.
  3. Fill out the IRA Deposit Slip/Adjustment Form or SIMPLE IRA Contribution Form
  4. If you are making contribution to a rollover IRA, please also mail a copy of the most recent account statement from the institution you are transferring from.
  5. Mail to:
    X Trade Center Inc.
    30-50 Whitestone Expwy.
    Ste. A301
    Flushing, NY 11354
* Note: These are only guidelines for depositing a check; other situations may arise when a remittance is deemed acceptable or unacceptable.

Check Depositing Guidelines

If you are depositing a check into your new or existing X Trade Center brokerage account via mail, please be sure to follow these guidelines:

  • Make all checks payable to X Trade Center.
  • All checks must be made payable in U.S. dollars and payable through a U.S. bank.

Acceptable Deposits include:

  • Personal checks drawn from personal checking accounts titled exactly the same as the X Trade Center account you are funding.
  • Checks from joint checking accounts may be deposited into either checking account holders brokerage account.
  • Checks from an individual checking account of either joint brokerage account holder may be deposited into that joint brokerage account.
  • Bank, Teller, or Cashiers checks made payable to X Trade Center (as long as the remitters name is the same as that of the account title at X Trade Center).
  • Checks from investment club accounts should be drawn from a checking account in the name of the investment club. If a member of the investment club remits a personal check, the check must be payable to: "X Trade Center FBO [investment club name]."

Unacceptable Deposits include:

  • Third party checks drawn from a checking account other than the brokerage account holder(s) or made payable to the brokerage account holder and endorsed over to X Trade Center.
  • Double-endorsed checks (checks with more than one signature on the back).
  • Personal checks deposited into a corporate brokerage account and vice-versa.
  • Starter checks.
  • Money orders.
  • Any foreign instruments (checks, travelers checks, drafts, etc.).
  • Stale-dated checks (over three months old).
  • Checks which appear altered in any way.
  • Coin or currency.

Unacceptable deposits cannot be credited to your account and will be returned.
*Note: These are only guidelines; other situations may arise when a remittance is deemed acceptable or unacceptable.

Fund Availability


Personal or Company Checks

Funds deposited via cashier’s/bank checks will be available for trading immediately upon depositing.

Funds deposited via personal checks will be available for trading on the 5th business day of deposit.

A ten-business-day hold is placed on all new deposits. You may not withdraw the funds until the hold time has elapsed.


Promotions