1. Please check the requirements of your current broker, including potential Transfer Fees.
Note that some brokers may not support DTC transfer, as Webull does.
2. Gather Required Information: When initiating the transfer, have the following information ready: • A copy of your photo ID. • The most recent account statement with the delivering broker
Where to go
1. Log into your Webull app. 2. Go to Transfers 3. Select “Portfolio Transfer” 4. Select “US Share Transfer” 5. Enter the detail of the delivering broker 6. Enter the stock details you wish to transfer 7. Confirm the detail are correct and select next.
A transfer request form will be sent to your registered email address. Please PRINT OUT the transfer request form.
Sign the request form, ensuring that your signature matches the one on your ID document (please note digital signatures are not accepted)
Take a clear photo of your completed request form.
8. Log in to your Webull App and open Portfolio Transfer. Upload the required documents. • A copy of your ID • A photo of the signed request form • An ownership statement
9. Once complete, click Submit.
Once you have submitted your stock transfer request, it will show as processing. Please allow up to 10 business days for the transfer to be completed.
Please notify your delivering broker and ensure you have completed their requirements also.
You may need to provide your delivering broker the following information
- Organization Name - Webull Securities (Australia) Pty Ltd
- Contact Person - Operations Team
- Email - clientservice@webull-au.com
- Custody Account no. - Your Webull account number - starts with CAU
- DTC Participant Code - 0158
Please take note of the following:
1. You must ensure that the shares you are transferring are registered in the same name as the Webull account you are transferring to. 2. Webull Australia only supports Depository Trust and Clearing (“DTC”) share transfers. 3. Currently, Automated Client Account Transfer System (“ACAT”) Transfer is NOT supported. 4. Shares transfer may take up to 10 business days for processing. 5. The minimum threshold for shares transfer in is USD5,000 (Mark-To-Market Value). 6. Stocks with an individual share price of less tha $5USD and/or a market capitlisation of less then $300M will not be accepted.
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