Lumina supports three deposit methods. Your funds are held securely at Interactive Brokers (Nasdaq: IBKR) — see Where your money is held.
Linked bank account (ACH)
The simplest option for most users. You link your bank account once — either by logging in through Plaid or by entering your account and routing numbers manually. Manual linking is usually instant. If we can't verify your account right away, we'll send 2 small test deposits within 1–3 business days for you to confirm. After that, you can initiate deposits directly from Lumina without going through your bank each time.
Speed: usually ready to trade right away, otherwise within 4 business days. On your first deposit, $1,000 is available right away and the rest within 4 business days. Deposits made after 2pm ET count from the next business day.
Cost: free.
Limit: up to $100,000 per deposit.
Withdrawing it: after 5 business days, back to the same bank. Withdrawing to a different bank takes 44 business days.
The bank account must be in your name.
One-time ACH transfer
No account linking required. You initiate the transfer from your bank's side each time, using Lumina's account details. Best if you prefer not to connect your bank account or are making a single deposit.
Speed: usually 1 business day. Ready to trade as soon as it arrives.
Cost: no fee from us. Your bank may charge one.
Withdrawing it: after 3 business days.
The account you send from must be in your name.
Wire transfer
You set up a wire template at your bank once, then send funds directly to your Lumina account. There is no upper limit on deposit amounts.
Speed: 1–2 business days. Ready to trade as soon as it arrives.
Cost: no fee from us. Your bank may charge one to send the wire.
USD only. Always include the reference code shown in the app, or your deposit may be delayed.
Withdrawing it: after 3 business days.