As long as your assets are eligible to be held on our platform, transfers can be initiated via Automated Customer Account Transfer Service (ACATS). This allows you to partially or fully transfer in positions in-kind from an existing account at another brokerage firm into your Tradesk brokerage account.
For a partial ACAT transfer, you can select which assets (stocks, ETFs, cash) you’d like to move into your Tradesk brokerage account.
For a full ACAT transfer, we’ll submit a request to the other brokerage firm to deliver all assets into your Tradesk account.
Keep in mind:
• We currently only are able to perform ACAT transfers for individual cash or margin accounts, and the account titles would need to match.
• We don’t support trust or entity account ACAT transfers at this time
• The delivering firm is responsible for sending over the account cost basis information within a certain time period. If you have any cost basis questions regarding an account transfer, please contact the delivering brokerage firm.
How to initiate an ACAT transfer via app:
- Navigate to the Me page (person icon) at the bottom right hand corner
- Tap the Transfer button, or click the 3 bars at the upper right hand corner and choose Account Transfer
- Select the brokerage firm of the account you’d like to transfer. If you can’t find it, tap Other Brokers to search
- Read the acknowledgements, and click Continue
- Enter the outgoing account number, then hit Continue
- Review the question regarding which assets are held, choose the appropriate answer, and hit Continue
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Choose either a Full or Partial transfer
-> If you select Yes, it does, you will be prompted to proceed with a partial transfer. Only eligible assets can be transferred to our platform.
- If selecting a partial transfer, enter the cash and positions you’d like to transfer, then hit Continue to review and submit.
- If Full was selected, you’ll be prompted directly to review and submit.
The below information may also be required when you submit delivery or outbound transfer instructions to the other broker.
For transfers of US assets:
Broker Name: Velox Clearing, LLC
Company Name: Tradesk Securities, Inc.
DTC Code: 3856
Account Number: Your Tradesk Account Number
Contact Person: Settlement Team
Contact Information: support@tradesk.co or 1 (888) 820-9887
An identical account name is required. For successful asset transfers, the account name on the delivering brokerage should match your Tradesk account name.
Keep in mind: The delivering brokerage firm may charge you for outgoing transfers. You may want to contact the delivering firm to confirm whether they charge any outgoing transfer fees. Please ensure that there is sufficient cash available for any potentially incurred transfer fees so that no trading restrictions occur.