Getting Started

Welcome to the investing world

It is said that more than 80% of people lose money in the market. Probably, most of them trade without implementing a sound plan. You've read this far, proving you have an interest. Are you prepared to become a smart self-directed investor?

A smart self-directed investor is one who can execute his or her plan based on using information and the study of three important aspects: Psychologies, Money Management, and Trading Method. These three aspects are vital to success in trading. A smart self-directed investor is one who puts their thoughts and words into actions.

In Getting Started, we have listed the most frequently asked questions about opening an account. Please feel free to contact us if you have any questions.

Withdrawal & Funding

We understand that you are worried about putting your money and trust into a firm that you don't know about. The comfort of the client is our highest priority. You have full control of your account. Feel free to ask questions and test the deposit and withdrawal process until you are satisfied. First time withdrawal is free of charge.

Minimum Funding

Our minimum funding requirement is $5,000.
For Pattern Day Trader account, the requirement is $25,000.
*This is for stocks and options account.

Withdrawal

It can be processed online or please fill out the withdrawal form and fax to 312-588-1944.

Funding

Wire Instruction for US Dollar
Bank Name: JP Morgan Chase
Address: One Chase Manhattan Plaza, 21st Floor NY, NY 10081
ABA: 021000021
F/A: Penson Financial Services
ACCT #: 066-6-00030
FFC: Customer Acct # & Customer Name

Wire Instruction for Japanese Yen
Bank Name: Citibank Japan Ltd
Address: 2-3-14 Higashi Shinagawa, Shinagawa-ku
                Tokyo, 140-8639 Japan
SWIFT: CITIJPJT
F/C Penson Financial Services Inc.
A/C #: 0160134402
FFC: Customer Acct # & Customer Name

JP Morgan Chase London for other currencies
1 Triton Square, 2nd Floor
London NW1 3FN, United Kingdom
Swift CHASGB2L
F/A Penson Financial Services

IBAN GB16cha60924222075802 for British Pound
          GB86cha60924222075803 for Euro
          GB32cha60924222075804 for Canadian Dollar

Acct 0022075802 for British Pound
         0022075803 for Euro
         0022075804 for Canadian Dallar
FFC: Customer Acct # & Customer Name

If you are planning to wire currencies other than above. Please contact our support desk.

Account Opening Process

1. Complete your application. Carefully review, sign, and mail to the following address with a copy of your passport.
   * Please sign as it appears on your passport.
   
   Atom Global Trading
   141 W Jackson Blvd Suite:1690
   Chicago, IL 60604 USA
   
   
2. Review After reviewing your application, we issue an account number and notify you via e-mail.
3. Funding Fund your account
4. Funding Confirmation After confirming your fund, we will e-mail your access information.
5. Start Trading If you have a trading plan(s), please start trading!!
   If you don't, please do not begin until you have one.

Account Protection

Atom Global Trading is a member of SIPC (Securities Investor Protection Corporation), which protects your account(s) up to $500,000, including $100,000 in cash claims. This coverage does not protect against losses due to fluctuations in the market value of securities. Also, futures are not covered.

Ex 1. If you are holding $50,000 in cash, $200,000 of ABC, and $250,000 of XYZ, your total account value of $500,000 will be covered.

Ex2. If you are holding $150,000 in cash, $200,000 of ABC, and $250,000 of XYZ, Cash will be covered for the limit of $100,000 and $400,000 of your holdings. You will be a general creditor for your $50,000 in cash and $50,000 in stocks.

Please visit www.spic.org for more details.

Trading Cost

All fees from opening an account to trading.

Please call in for mutual fund orders.
We provide the web based version for free, but we cover the cost.
We charge $30 accounts with no activity for three months.

Tax

Atom Global Trading does not give any tax advice. Please consult your tax advisor and/or visit the following website for information.

Atom Global Trading does not recommend or endorse any specific services or products on this list, which is intended to be used as information purpose only.

Japanese:
www.nta.go.jp

English:
www.irs.gov
www.edaytradertax.com
www.greencompany.com