High-Yield Cash Management

Earn competitive interest on your uninvested cash with industry-leading FDIC protection

Up to 4.83% APY

With up to $5M FDIC insurance coverage

How Cash Sweep Works

Your uninvested cash automatically earns interest

Automatic Sweep

Uninvested cash is automatically swept to FDIC-insured partner banks daily

Competitive Rates

Earn 4.5-4.83% APY, significantly higher than traditional bank accounts

FDIC Protected

Up to $5M FDIC coverage through our multi-bank partner network

Schwab Accounts

Bank Partner: Charles Schwab Bank, SSB

APY: 3.75-4.21% (tied to SWGXX Government Money Fund)

FDIC Coverage: Up to $750,000

Alpaca Accounts Premium

Bank Partner: Multi-bank network (5+ partner banks)

APY: 4.5-4.83% (competitive high-yield rates)

FDIC Coverage: Up to $5,000,000

Compare Cash Options

See how we stack up against the competition

Provider APY FDIC Coverage Account Minimum Fees
Fortemax Invest (Alpaca) 4.5-4.83% $5,000,000 $1,000 $0
Fortemax Invest (Schwab) 3.75-4.21% $750,000 $1,000 $0
Schwab Intelligent Portfolios 3.75% $750,000 $5,000 $0
Wealthfront Cash Account Competitive $8,000,000 $500 0.25% advisory fee
Interactive Brokers 4.83% $5,250,000 $0 $0
Traditional Savings Account 0.01-0.50% $250,000 Varies Varies
Note: APY rates are subject to change based on market conditions. FDIC insurance is provided through our partner bank network and applies per depositor, per account ownership category.

Frequently Asked Questions

Your uninvested cash is automatically swept to FDIC-insured partner banks at the end of each business day. You earn competitive interest rates while maintaining instant access to your funds for investing.

Yes. Your cash is deposited in FDIC-insured banks, providing up to $250,000 of insurance per depositor, per bank. Our multi-bank network extends coverage up to $5M for Alpaca accounts and $750K for Schwab accounts.

Your cash is available immediately for trading or withdrawal. The sweep process is automatic and doesn't affect your ability to access funds instantly.

No. The cash sweep program is included at no additional cost with both our Basic and Premium tiers. You earn the full APY with no hidden fees.

Our Alpaca accounts offer higher APY (4.5-4.83% vs 3.75%) and significantly higher FDIC coverage ($5M vs $750K) with a lower minimum ($1,000 vs $5,000). Our Schwab accounts match their rates but with a lower $1,000 minimum.

Ready to Start Earning More on Your Cash?

Open an account today and start earning competitive interest on uninvested cash