Broker to broker transfer (B2B) process

To get started, simply:

• On the app: Head to Manage > Portfolio transfer

• On the web: Head to your Profile > Portfolio transfer

During the portfolio transfer process, you can choose your departing broker and decide whether to move all or just some of your stocks to Stake.

For AUS holdings

Please have the following ready:

• Your existing HIN (if applicable)

• Departing broker account number

• Copy of your ID

• A signature

• Portfolio Report

• Verification check (Australian and New Zealand driver license or passport)

The ASX has a Minimum Marketable Parcel (MMP) rule, which requires that any initial purchase of a stock must have a value of at least $500. This same rule applies to each individual stock when you request a portfolio transfer from one broker to another.

For a broker-to-broker transfer to be successful, each of your stocks must have a value of $500 or more at the time of transfer. If a holding's total value is less than $500, it cannot be transferred. For more information, please see section 8.10.2 here.

When you submit a transfer request, we will review each of your holdings to ensure they meet the ASX's MMP requirement.

For Wall St holdings

Please have the following ready:

• Departing broker account number

• Copy of your ID

• A signature

• Portfolio Report

• Verification check (Australian and New Zealand driver license or passport)

Our U.S. broker partner doesn’t accept third-party transfer requests. That means we can’t process U.S. portfolio transfers where there’s a change in beneficial ownership – including between family members, spouses or entities e.g. to a trust.

U.S. stocks usually land in your Stake account within 2-3 weeks from a confirmed submission. The transfer time varies based on how responsive your outgoing platform is. DTC transfers can take up to 4-6 weeks and ACATS transfers can take up to 1-2 weeks.