If you’re looking to close your Bumped brokerage account, here’s what to do:
- Bring your account value to $0.00
In order to close your account, you’ll first need to bring your account value to $0. There are a couple of ways to do that. One option is selling your stock or other holdings through the Bumped app then transferring your cash balance to your linked bank after the sale has processed.
Alternatively, you can transfer your shares to another brokerage account through your other brokerage. Keep in mind many brokerage firms don’t allow transfers of fractional shares To begin the transfer process, contact your other brokerage.
- Contact support to close your account
Once your account value is $0.00, contact the Bumped support team through the Messages section of the app or by emailing us at firstname.lastname@example.org and let us know you’d like to close your account. We’ll then take the next steps to close your brokerage account.
After your Bumped brokerage account is closed, you’ll still be able to sign in to the Bumped app to see any statements, tax documents, or trade confirms you may need for your records.