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The preferred method of funding your account is by wiring funds to your Penson account. Wiring funds may help you avoid a time consuming hold on a check. Third Party checks, including Cashiers and Travelers checks, will not be accepted.

Mastertrader.com will fully credit your account any initial account funding wire fee upon your request.

Wire Instructions


(Please note, you must be an account holder of the account you’re wiring from; Third-party wires are not accepted.)

JP Morgan Chase, NYC
ABA 021000021
F/A Penson Financial Services
ACCT #066-6-00030 (This is Penson’s account #, please leave as is.)
FFC: Customer Acct # (Please enter your Mastertrader account number here; please call if you don’t know it.)
Customer Name (Please enter your name exactly as you have it in your new account form.)

For International Wires
SWIFT CODE: CHASUS33

Physical Address
One Chase Manhattan Plaza, 21st Floor
NY, NY 10081

DTC Instructions


#0234 PFSI
FAO: Customer Acct #
N/O: Customer Name

Mailing a Check


Please make all checks payable to Penson Financial Services, Inc. Be sure to include your account number on the check and mail to:
Penson Financial Services, Inc.
Attention: Cashiering
1700 Pacific Avenue, Suite 1400
Dallas, TX 75201-7322

Deposit Guidelines

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