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Broker-to-Broker (B2B) - How do I transfer my shares from another broker to Stake?
Shares previously purchased and currently sponsored by another broker can be easily transferred to Stake.
Make the smart switch and transfer your Australian shares to Stake. Start investing in over 2,000 ASX stocks on a CHESS-sponsored model.
Plus, get $0 brokerage for a year when you sign up to Stake and transfer your portfolio over to us (minimum AU$1,000).
WHAT TO DO
If you already have the Stake app, follow the instructions below. If you don’t have the Stake app, download it here first.
If you go to the person icon > Portfolio Transfers > ASX Portfolio Transfer within the App you can submit a request there.
Once you have clicked this you will have the ability to select your departing broker and all of the stocks that you want to transfer to Stake!
WHAT YOU'LL NEED
To ensure a smooth process, please ensure the shares are registered in the same name and same postal address as the Stake account you are transferring the shares to.
For example, the shares are registered in the name of MS JANE SMITH transferring to the Stake account in the name of MS JANE SMITH.
Please have the following information ready when initiating the transfer:
- The HIN associated with the departing broker account (The HIN starts with the letter 'X' followed by 10 digits'
- Departing broker account number
- Copy of your ID
- A signature
- Portfolio Report (optional)
The process is very intuitive so just follow the prompts!
FEES
We don't charge any fees for incoming ASX share transfers, however please note that your departing broker may charge their own separate fees.
See Stake pricing, terms and conditions and privacy policy.
HOW LONG THE PROCESS TAKES
Initiating your share transfer request takes minutes. It's fast, free, and paperless.
Our data has shown us that the average time it should take for your ASX stocks to land in your Stake account is 40 hours.
Transfers are sometimes delayed due to the departing broker not releasing your shares. We will always do everything in our power to complete your transfer as quickly as possible but sometimes this is out of our control.