Funding Information
Funding Your Trading Account:
– New customers can begin trading within 24 hours after the
account is funded by wire.
– We do not accept third-party checks or wires.
– All transfer fees are charged to client’s account.
Equities/Options Funding
The following are minimum funding requirements for
new accounts:
– $5,000 if using Sterling Trader, Sterling LST or REDIPlus trading platforms
– $2,000 if using the Web Trader platform*
– $100,000 for a Portfolio Margin Account
*No margin will be provided for accounts with equity below $5,000.
International Wire Transfers
| Bank Name: DSK BANK EAD | |
| Bank Address: Kaloyan Branch, Sofia | |
| Bank SWIFT/BIC: STSABGSF | |
| Beneficiary: ALARIC SECURITIES OOD | |
|---|---|
| Beneficiary’s Address: 7 Ekzarh Yossif Str, Sofia, Bulgaria | |
| Beneficiary’s IBAN: | Transfers in EUR: BG06STSA93000021179156 Transfers in USD: BG54STSA93000021179165 |
WITHDRAWALS:
Outgoing Wire Transfer:
Have funds transferred directly to your bank account by sending a withdrawal request to [email protected].
Your request will be processed within 5 business days. International wire transfers usually take 1-4 business days.
Alaric Debit Card:
Once you request your Alaric VISA/MasterCard debit card, you
will be able to connect your brokerage account with your
checking account and have access to funds in your trading
account from any POS or ATM terminal in the world.
Through our partnership with the DSK Bank – the oldest bank in
Bulgaria, part of OTP Group – you can enjoy the freedom to pay
online or withdraw cash from any ATM worldwide in the
currency of your choice.
Direct Access to Your Funds:
– 24/7 access to your funds from any POS or ATM
– Real-time report on all your transactions for both Brokerage and Bank accounts
– Alaric debit cards are accepted worldwide and online