Account Features - Processing for New Accounts

Opening An Account
If you have applied online, you will receive your account number and user ID immediately. Please write them down as soon as they appear on the screen. Trading privileges will be activated once your account is approved. If you apply by mail or fax, upon approval of your account, we will call you with your account number. Please note that original paperwork must be filed within 30 days of account approval to receive check-writing and margin privileges and avoid being subject to withholding taxes.

Account Transfer
Once your account is established at Siebert, please allow 5-7 business days for the receipt of your account from the delivering broker if it is a full account transfer. Partial account or mutual fund transfers can take up to 3 weeks.

DTC Transfer
Please allow 2 business days for the receipt of securities and/or funds through the DTC system.