Who can have a Bumped account?

Right now, to open a Bumped brokerage account, you need to:

  • Be at least 18 years old
  • Have a valid social security number, and 
  • Be a U.S. citizen or a Permanent Resident of the U.S. 

At this time, there are also additional considerations or requirements for people who are: 

  • Affiliated with a broker-dealer, exchange, or FINRA
  • Executive officers, directors, or owners of 10% or more of a publicly-traded company. 

We’re also required by regulation to verify the identity of anyone signing up for a Bumped brokerage account. You may need to submit additional documentation, such as a picture of your government-issued ID, Social Security Card, or in some cases a selfie to help with identity verification.

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