Recurring Investments
Set up a recurring investment plan which automatically invests in stocks and ETFs for you on your own daily, weekly, or monthly schedule.
How does Tradesk’s recurring investment tool work?
- Choose your investment strategy: you can pick between 1-10 stocks or ETFs towards one recurring plan at a time. Make sure that if picking multiple securities within your plan, that the allocation adds up to 100%. If the allocation does not add up to 100%, the tool will not allow you to proceed to the next step. Allocations for each security can range from 5-100%, in 5% increments. You can choose between a selection of pre-set themes, or create your own!
- Decide on the total amount you’d like to invest towards your plan. Note that there is a minimum of $5/security. Keep in mind that fractional shares may be purchased instead of whole shares, depending on the designated investment amount.
- You can choose the frequency and trading day that works best for your schedule (excluding weekends and market holidays).
How do I set up a recurring investment plan?
- After opening the app and logging into your account, navigate to the Portfolio page, and select “Recurring”.
- Click “New” to set up a new plan. You can choose from a selection of pre-set plan themes, or build your own plan by clicking the “Build Your Own Recurring Investment Plan” at the bottom of the screen.
- If building your plan, you’ll be prompted to search and add your security tickers of choice.
- Enter your desired allocation, total investment amount, and frequency, and then click “Confirm” to submit.
How do I edit, cancel, or pause my recurring investment?
- Within the Recurring tab, click on the existing plan you’d like to change.
- Click “Modify” to make changes, or “End Plan” to cancel.
- If you’d like to pause the plan, click “Pause Plan”. Whenever you’d like to resume, you can simply go back to your Recurring tab and click “Resume”.
How do I add funds towards my recurring investment plan?
The recurring investment tool currently uses your existing buying power. At this time, it cannot be set up to pull funds directly from your bank account. In order to ensure there are sufficient funds for your plan, make sure to deposit funds into your account so that your buying power can cover any upcoming recurring investment orders
If you’d like to deposit additional funds to your account, you can click “Deposit” within your main Portfolio page, and choose either ACH or Wire to transfer funds into your Tradesk brokerage account
How does the timing of my recurring investment plan work?
After your recurring investment plan has been set up, the trade execution on your selected date will occur automatically at 10am ET on that trading day and will be placed as a market order. You will receive a notification from Tradesk confirming the order has executed, or whether there were any issues.
What happens if I have insufficient buying power for my upcoming recurring investment?
If your account has insufficient buying power, the next recurring investment based on your frequency will not go through successfully. You will receive a notification from Tradesk that the order failed, and that order will be skipped. The next order (depending on your frequency) will be submitted as scheduled. For example, if you have a monthly recurring investment plan and the order on January 1st failed, the January 1st order will be skipped and will instead be submitted on the next scheduled day, on February 1st .
What securities are available for recurring investment?
At this time, only exchange listed stocks and ETFs are available for the recurring investment plan feature.
Disclosures
By enrolling in this Recurring Investment Plan, you agree to the following terms and acknowledge the associated risks and responsibilities:
- Automatic Investments: You authorize Tradesk Securities, Inc., to automatically invest a specified amount of funds at your chosen frequency (e.g., weekly, biweekly, or monthly) into selected securities or portfolios.
- No Assurance of Profit or Protection Against Loss: Investing involves risks, including the potential loss of principal. Recurring investments do not ensure a profit or protect against market declines. You should consider your investment objectives and risk tolerance before participating.
- Market Timing and Price Variability: Because recurring investments occur at regular intervals, you may purchase shares at different prices over time. This strategy is known as dollar-cost averaging and may reduce the impact of market volatility, but it does not guarantee favorable results.
- Insufficient Funds and Failed Transactions: You are responsible for ensuring sufficient funds are available in your linked payment account. Failed transactions due to insufficient funds may result in fees or the cancellation of your Plan.
- Modifications and Cancellations: You may modify or cancel your Plan at any time through your account settings. Changes may take one or more business days to take effect.
- Fees and Expenses: Your investments may be subject to certain fees, such as regulatory fees, or other charges. Please review the applicable fee schedule and prospectus documents here.
- Plan Suspension or Termination: Tradesk Securities, Inc. reserves the right to suspend or terminate the Plan at its discretion, with or without prior notice, in accordance with applicable laws and platform terms.
- Tax Considerations: Investment gains, losses, dividends, and interest may have tax implications. You are responsible for all applicable tax reporting and should consult a tax advisor.
By participating in the Recurring Investment Plan, you confirm that you have read, understood, and agreed to the terms above.