FAQ

We'll answer your questions.

Common questions about opening an account, funding and transfers, and getting started. Need something else? Contact our team.

Support

Common questions

Account Related

There is no minimum to open a cash account. A margin account with margin privileges requires a minimum balance of at least $2,000, and you must meet the buying power requirement to place a trade.

We offer individual accounts, entity accounts (corporate and trusts), and international accounts.

Eddid Securities USA Inc. is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for cash claims). Learn more at SIPC.

As a general rule, foreign investors (non-U.S. citizens and residents) with no U.S. business are typically not required to file a U.S. tax return, including on U.S. capital gains. When investing through Eddid USA, our clearing firm withholds applicable U.S. taxes on U.S. income and gross proceeds and reports them to the IRS. Foreign investors must certify their status with the appropriate W-8 form; those who are residents of a tax-treaty country with a valid W-8 on file may qualify for a reduced withholding rate. Otherwise, a flat 30% withholding generally applies to certain U.S. interest and dividend income. See IRS Publication 515 for rates applicable to non-residents.

Foreign investors are generally subject to a relatively low U.S. estate tax threshold of US$60,000, above which U.S.-situated assets such as securities of U.S. companies may be taxed at rates up to 40%. Certain assets are generally exempt, including securities that generate portfolio interest (for example U.S. Treasury and government agency securities and certain U.S. corporate bonds and commercial paper), and dividend income from certain foreign corporations or offshore funds. Executors for non-residents may need to file an estate tax return (Form 706-NA). These rules may be modified by applicable estate and gift tax treaties. See IRS Publication 515 for more information.

Email us at help@eddidusa.com with the details you'd like to change.

Funding & Transfer

You can fund your brokerage account by wire transfer. Current wire instructions are published on our Funding & Transfer page; please contact us if you have any questions.

You can transfer assets to Eddid USA from another brokerage firm or bank via ACATS. Complete and submit the Customer Account Transfer Form and attach your most recent statement from your previous brokerage firm.

You may withdraw funds by requesting a wire transfer. A fee of $25 applies to outbound domestic wires and $50 to outbound international wires.

Trading

You can trade U.S. equities across all market sessions, from 4:00 AM to 8:00 PM Eastern. "Regular trading hours" are generally 9:30 AM to 4:00 PM Eastern; trading outside that window is "extended hours trading." Eddid USA offering extended hours trading does not imply it is suitable for every customer. Consider the associated risks and decide whether extended hours trading fits your objectives and risk tolerance. Review the Extended Trading Hours Risk Disclosure to learn more.

Type of securityReg-T initialHouse maintenance
Listed equities (NYSE, AMEX, NASDAQ, or regional exchange)50%Greater of 30% of market value or $2.00 per share
Non-listed / non-marginable100%100%
Short sales — equities50%Priced $5.00+: greater of 35% of market value or $5.00 per share. Priced below $5.00: 100% of market value or $2.50 per share, whichever is greater

*Listed equity securities trading under $4.00 a share are considered non-marginable for Reg-T calculations.

Margin requirements vary by security type. Initial and maintenance requirements can change without prior notice and take effect immediately. Accounts whose equity falls below the required maintenance level can be liquidated without prior notice. To avoid forced liquidations, consider keeping a buffer above the minimum equity requirement. See the Margin Disclosure Statement for details.

A good-faith violation occurs when a cash account buys a stock or option with unsettled funds and then sells that position before the funds used to buy it have settled. Three good-faith violations within a 12-month period restrict a cash account to settled funds only for 90 days. Account holders who want access to unsettled funds before settlement may elect a margin account, where unsettled funds can be used for trading (but not withdrawn until settlement). Cash account holders can request a margin upgrade by emailing help@eddidusa.com; upgrade requests are subject to compliance review. The minimum account value for margin trading is $2,000, and margin trading is intended for experienced investors with high risk tolerance.

Digital Securities & tZERO

Eddid Securities USA acts as your introducing broker-dealer for digital asset securities available through the tZERO Securities ATS. Under this fully disclosed correspondent clearing arrangement, your account is carried and cleared by tZERO Securities, LLC, and custody of any digital asset securities is provided by tZERO Digital Asset Securities, LLC — both SEC-registered broker-dealers and FINRA members.

In practice, this means:

  • You'll work with your Eddid USA representative to evaluate opportunities and determine suitability, as you do today.
  • When you're ready to participate, you'll open and maintain your account directly with tZERO, since it is tZERO's broker-dealer subsidiaries that carry, clear, and custody these positions.
  • Eddid USA remains your primary point of contact for your overall brokerage relationship, while tZERO provides the underlying infrastructure for trading, clearing, and custody of digital asset securities specifically.

A digital asset security is a traditional security — such as an equity or fund interest — whose ownership records are also maintained using distributed ledger technology. It remains a security under U.S. federal securities laws, subject to the same registration or exemption requirements as any other security.

tZERO is the financial technology company whose broker-dealer subsidiaries provide the regulated infrastructure behind our digital securities program. tZERO Securities, LLC operates the SEC-registered tZERO Securities ATS, and tZERO Digital Asset Securities, LLC provides custody of digital asset securities under a separate account. Both are FINRA-member, SIPC-member broker-dealers, and Eddid Securities USA works with them under a correspondent brokerage arrangement.

Through our arrangement with tZERO, eligible customers can access tokenized private-market offerings and secondary trading in digital securities. tZERO operates SEC-registered, FINRA-member broker-dealer and alternative trading system infrastructure; Eddid Securities USA's role centers on issuance advisory and connecting eligible investors with those opportunities.

Access to digital asset securities offered through tZERO is generally limited to clients who qualify as accredited investors, and is subject to Eddid's account approval and suitability review. Your Eddid USA representative can help confirm your eligibility and will verify accredited investor status before you're able to access these offerings.

Tokenization is most often applied to private-market instruments — equity interests, funds, and similar securities — issued under established exemptions such as Regulation D or Regulation A, or in registered offerings. The token form changes how ownership is recorded, not the security's regulatory status or the disclosures an investor should review.

Once you've opened your account with tZERO and discussed a specific opportunity with your Eddid USA representative, orders are placed through the tZERO Securities ATS, which supports continuous, auction, and negotiated trading for eligible digital securities. Your representative can walk you through the process for any specific offering.

No. Digital asset securities are custodied by tZERO Digital Asset Securities, LLC, a special-purpose SEC-registered broker-dealer, in a separate account opened on your behalf — the same way a traditional broker-dealer custodies conventional securities. You won't need to manage a private wallet or private keys yourself.

It depends on the specific security. Digital asset securities that meet the legal definition of a security under the Securities Investor Protection Act (SIPA) are eligible for SIPC protection, subject to SIPC's standard coverage limits. Some digital asset securities — particularly unregistered investment contracts — may fall outside SIPA's definition of securities and may not carry SIPC protection. Ask your Eddid USA representative about the SIPC status of a specific offering before investing.

Digital asset securities carry the risks associated with any securities investment, including the possible loss of principal, along with risks that are particular to this asset class:

  • Illiquidity — trading volume on the tZERO Securities ATS may be limited, which can affect your ability to sell and the price you receive.
  • Limited operating history — many digital asset securities are issued by early-stage or newly public companies with less financial history than traditional issuers.
  • Technology and custody risk — while tZERO Digital Asset Securities, LLC provides regulated custody, digital assets carry unique risks including those related to fraud, manipulation, theft, and loss.
  • Reduced SIPC protection — see above.

These offerings are not suitable for every investor, and your representative will evaluate your specific circumstances before recommending participation.

Primary offerings (Regulation A, D, or Crowdfunding) carry a processing fee of up to 7% of your investment commitment, and any third-party technology or payment-processing fees are passed through. All digital-securities fees are listed alongside our standard brokerage pricing, so you know what you'll pay before you invest. See Pricing for the full schedule.

Eddid USA does not provide tax advice. Gains, losses, and any income from digital asset securities are generally subject to applicable federal and state tax rules, though specific treatment can vary by asset type and structure. Please consult a qualified tax advisor regarding your individual situation.

This page is for general information only and does not constitute investment, tax, or legal advice. Fees and terms are subject to change; please refer to your account agreements and current disclosures.