OPTIONS Checking Account

Apex Clearing Corporation provides two levels of cash management services from Reich & Tang’s (R&T) Cash Management Services that offer you the benefit of consolidating all brokerage and cash management needs into one account. There is no minimum balance for a checking account.


Spectrum Account
Access Account
  • Unlimited check writing
  • Automatic investments and withdrawals
  • Direct Deposit
  • ACH Service
  • Check payee information listed on statement
  • Debit Card:
    • $10,000 minimum balance for a debit card
    • The debit card is not available for Equity Day-trading accounts.
    • No-fee ATM usage at any PNC Bank
    • Visa® Gold or Platinum debit cards, for benefits comparison please click here
    • Accepted at any ATM worldwide displaying the Visa, PLUS®, and STAR® symbols, or at a bank for manual cash withdrawal.
    • ATM withdrawals up to $1,010.00 (Including fees) per day
  • Unlimited check writing
  • Automatic investments and withdrawals
  • Direct Deposit
  • ACH Service
  • No check payee information on statement


Cash Management Service Fees
  • Spectrum Checks Only
  • Spectrum Checks w/ Gold
  • Gold Card Only
  • Spectrum Checks w/ Platinum
  • Platinum Card Only
  • Spectrum Reorder Fee/150 non-duplicate
  • Access Reorder Fee/15 non-duplicate
  • $30.00
  • $60.00
  • $30.00
  • $75.00
  • $45.00
  • $15.00
  • $5.00


To open a checking account, simply complete and mail or fax in the application to the following address.

MB Trading
Attn: New Accounts
1926 E. Maple Avenue
El Segundo, CA 90245

  • Account detail consolidated with monthly brokerage statement
  • Daily activity screen available on your online statement
  • Quarterly and Year-End statements
  • Visa check card directly reduces the available balance in the account by the dollar amount of the transactions. You will not receive a separate monthly bill for these activities.

Important Note
  • Debit cards and check writing is not available for Forex and Futures trading accounts.
  • The Spectrum and Access Accounts are not available to IRA, UGMA/UTMA accounts, or for accounts that process wires.
  • For a complete fees list please Click here
  • Customers are prohibited from using Spectrum and Access checks to establish 3rd party ACH relationships against their accounts’ automated payments and withdrawals. These transactions will be rejected and customers will be subject to any associated fees.
  • Cards cannot be used in Hong Kong, Malaysia, Taiwan, Thailand, and China, as well as any country listed with the Office of Foreign Assets Control.


MB Trading, IB member FINRA, SIPC; MB Trading Futures, Inc. IB member NFA. Trading in futures, options and forex is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading futures, options and forex because there is always the risk of substantial loss.

MB Trading earned a 4.5 out of 5 star rating in Barron's 2011 Review of Online Brokers, tying for the top spot overall. The company earned a total of 33.8 points, one tenth of a point under the top score. MB Trading also scored in the top three for separate categories of Range of Offerings, Trade Experience, Trading Technology, Usability, and Customer Service and Education. MB Trading earned a 4.5 out of 5 star rating in Barron's 2010 Review of Online Brokers. The company ranked second overall and tied for first place in the categories of Trade Experience and Portfolio Analysis & Reporting. The company also won the category of Usability. The company also tied for first place in the separate categories of "Best for Frequent Traders" and "Best for Options Traders." This survey evaluated 27 Online Firms and does not include all Online Brokers.

Demo accounts receive FREE streaming Stocks, Futures, and Options quotes which are delayed up to 20 minutes (per individual exchange requirement). FREE real-time streaming quotes for Stocks, Futures, and Options is available to nonprofessional users with funded, live accounts.

MB Trading provides Google Translation of our website for educational or informational purposes for its international customers. The graphics, applications and some portions of the website are not translated. Customers must bear the sole responsibility of evaluating their regional translation before making any decisions based on such information outside of what the English version of the site represents.