Does PennTrade accept foreign accounts?
Yes, we accept accounts from U.S. and non-U.S. citizens. Please see special requirement for international investors. [ top ] What types of accounts does PennTrade offer? You can apply online for: Individual Joint Please contact PennTrade to apply for any other type of account, including: Corporation Partnership LLC (Limited Liability Company) Investment Club Trust IRA’s (Traditional, Rollover, ROTH, SEP, Simple) Custodian TOD (Transfer On Death) We also offer a few special types of accounts. If you want to open a type of account that is not listed above, please contact us for availability. [ top ] What is the minimum amount required to open a new account? Only $500 equity is required to open your PennTrade account. This initial deposit can be met with cash, equivalent securities or any combination of the two. [ top ] How can I fund my account? • use a personal check — made out to NFS (National Financial Services, LLC is our clearing firm and regulations require this) — and mailed to
