Notes:
• Name: You can only transfer stocks between brokerage accounts under your name.
• Transfer Fees: Moomoo AU does not charge any fees on stock transfers. However, your broker may charge a fee for this service.
• Processing Time: Transfer from Stake, IBKR AU, Westpac, TD Ameritrade, the total processing time is usually 5 to 7 business days. Transfer from other brokers, the total processing time is usually 3 to 15 business days; once the transfer is received by Moomoo AU, it may take 1 to 2 business days to appear in your account.
This article is a step by step guide on how to transfer US stocks to your moomoo account.
The steps required for transferring US stocks out of another brokerage account to Moomoo AU vary by broker. Please follow the transfer steps of your broker below.
1. Transfer from Stake, IBKR AU, Westpac, TD Ameritrade
2. Transfer from other brokers
Please follow these steps if your account is with one of these brokers.
Go to: Accounts > Transfers > Transfer Stock In > US Stocks
1.2.1 Select the broker from which you want to transfer your US stocks
· Stake
· IBKR Australia
· Westpac
· TD Ameritrade
1.2.2 Enter your account number with the broker
· Your brokerage account number can be found on your monthly statements.
· Enter the required details into the app.
· Check the Broker, Share Quantity and Symbol fields
· Tap ‘Comfirm’ to continue
Important Notices
To ensure smooth processing of your transfer instructions, please email your recent account statements to settlement@au.moomoo.com. The statements should include the account holder's full name, address, and positions held.
Go to: Accounts > Transfers > Transfer Stock In > US Stocks
2.2.1 Select the broker from which you want to transfer your US stocks
· Select ‘Other Broker’ from the list and enter the ‘Broker Name’
2.2.2 Enter your account number with the broker
· Your brokerage account number can be found on your monthly statements.
· Enter the required details into the app.
· Check the Broker, Share Quantity and Symbol fields
· Tap ‘Comfirm’ to continue
· Submit a transfer out request to the other broker.
· Share Moomoo AU’s transfer details with the other broker. Click here for the transfer details.
· The transfer will start once Moomoo AU and the other broker have the required details.