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If your account is showing a negative balance, this is usually due to a rejected deposit. However, a small percentage of the time it may also be because a fee was applied to your account.

When a deposit is rejected and recalled by your bank, it may temporarily cause a negative balance in your account, which you can learn more about from the SEC here.

What happened:

You recently initiated a deposit to purchase stocks, and while the stocks were purchased, your bank rejected and recalled your transfer. Not to worry though, as you can quickly and easily bring your account back to full strength by retrying the original deposit now.

Why it happened:

Usually, your bank rejects a deposit due to:

  • Insufficient Funds

  • Declined Transfer (by your bank)

  • Account Type Incorrect (Savings, Joint, Business accounts are not compatible)

Please note that there is a $30 fee per ACH reversal by our clearing firm, Apex Clearing.

Why it’s important:

Since the app allowed you to buy a stock before the funds were successfully added, there is currently stock that simply needs to be paid for. To learn why it’s critical to cover the unpaid balance right away, please check out this guide from the SEC.

Reach out to Member Support in the app or by email at and we can help get that sorted right away.

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