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How do I withdraw funds from my account?

Last Updated: Jan 25, 2018 12:09PM EST
To *withdraw funds from your DriveWealth account, please login to your DriveWealth account, go to “Add Funds”, and toggle to “Withdraw Funds”. The account information provided on the form must match the account information on file. You can also withdraw funds by faxing the Funds Withdrawal Request Form below to 973-998-5302. For security reasons, do not send a withdrawal request by email.
After you submit the withdrawal request, you will receive a notification within 24 hours in regards to the status of your withdrawal.

Payments made to a beneficiary other than the account name on file are considered third party. As a policy, DriveWealth will not make third party payments. 

You may withdraw funds in your account (all cash balances or excess margin) at any time after the funds have cleared.

*A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions.  This may result in the liquidation of any or all of your open positions. It is your responsibility to ensure that the account holds enough margin to maintain open positions.

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