How to Set Up Recurring ACH Deposits on Firstrade
Recurring ACH deposits let you automatically transfer funds into your Firstrade account on a weekly, monthly, or quarterly schedule, making it easier to fund your account consistently without manual transfers. To use this feature, your account must already have an ACH bank profile connected.
Set Up on Mobile App
1. Open the Account tab (bottom-right corner).
2. Select Deposit/Withdrawal.
3. Tap Request Transfer.
4. Choose Deposit to My Firstrade Account and check the Recurring box.
5. Enter your deposit amount and choose the frequency (weekly, monthly, or quarterly).
6. Tap Preview, then Submit.
Set Up on Website
1. Go to Accounts > Deposit/Transfer and select Recurring.
2. Click New to create a recurring deposit.
3. Enter your deposit amount and select How Often? to choose the frequency.
4. Click Preview, then Submit.
Good to Know
Recurring ACH deposits can be cancelled or changed at any time. If an ACH transfer is rejected, it may cancel your scheduled deposit.
For more details, please check the original article: How to set up recurring ACH deposits?
Automating your deposits is one of the simplest ways to stay consistent with your investing plan. Firstrade account holders can set up recurring ACH deposits directly from the mobile app or website, with no options contract fees on trades and 24/7 customer service available if you run into questions along the way.
Firstrade Securities Inc. is a member of FINRA and SIPC. This article is for educational and informational purposes only and does not constitute investment, tax, or legal advice.
