To start investing, the first thing you need to do is set up a brokerage account. We’ve partnered with DriveWealth brokerage to offer speedy, secure, and seamless trading within MyWallSt. 

DriveWealth is a U.S. based broker that offers bank-level security and opening an account through MyWallSt has some great bonuses, including incredibly low $0.01 commission fees and a portfolio view that gives more insight into your holdings.

Setting Up A New Brokerage Account

When setting up your brokerage account you will be asked to provide certain personal information, as well as some information regarding your employment status, income level, and investing experience. Then dependant on your region you may be required to provide government-issued I.D. documents, including a photo I.D. (passport or driver’s license) and a current proof of address (utility bill or bank statement).

The approval process of your new brokerage account can take up to 2 business days, but typically we see accounts approved in less time than that. 

Please follow the below steps if you would like to set up a new DriveWealth brokerage account.

  1. Navigate to the Portfolio tab of the MyWallSt app.

  2. Tap Create Brokerage Account.

  3. Choose Create DriveWealth Account.

  4. Follow set up directions.

Linking An Existing Brokerage Account

  1. Navigate to the Portfolio tab of the MyWallSt app.

  2. Tap Link Existing Brokerage.

  3. Choose to Link DriveWealth Account

  4. Enter login credentials. 

Are you facing difficulty when attempting to link your DriveWealth account?

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