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 an email to let us know you're leaving.
Costs are incurred when transferring shares out to other providers and we 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: $100 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.