At Stake, much like exiting a trade, we make the share transfer out process as seamless as possible.
Simply contact your receiving broker and submit an ACATS share transfer request. Once you've filled out the relevant paperwork with them, you will need to complete this online form here - Outgoing Share Transfer Form. Upon receipt of your ACATS share transfer request from your receiving broker, we will verify your positions and approve the outgoing ACATS share transfer (if all information is submitted correctly).
NB: We are unable to support outgoing share transfers via FOP, DTC, DRS or DWAC
Fees & Items to note:
Fractional shares cannot be transferred out - you can liquidate the fractional component and then transfer the settled cash as part of your portfolio transfer.
DriveWealth charges $100 USD flat for ACATS Transfers - we pass this on. Please ensure you have a sufficient cash balance in your buying power prior to commencing the transfer out, otherwise it will be rejected.
Your new broker may also charge a fee for incoming transfers, so please make sure you are aware of these prior to commencing the process.