We are sorry to hear that you are considering leaving us.
At Stake, we try to make the exit process as seamless as possible. Simply let your new broker know that your shares are with Stake and ask them if they accept transfers via ACATS or DTC.
Once you’ve filled out the relevant paperwork, drop us a message at email@example.com (we don’t bite) to let us know your leaving.
Costs are incurred when transferring shares out to other providers and have to pass them on. Please ensure you have a sufficient cash balance prior to commencing the transfer out.
Dependent on your broker’s method of receiving your US shares, the following charges apply :
ACATS transfers :
$75 USD per account
DTC Transfers :
$20 USD per Position held with Stake
DriveWealth, our US brokers will be the ones organising the transfer and ensuring it goes smoothly from Stake to your new broker.
Happy Trading !