This is the work of many apes. Thank you, all of you for sharing this info with me! Extra shout out to u/da_squirrel_monkey, u/Working-Yesterday243 and u/PutPsychological8698. It’s like a wiki, so please let me know if anything is incorrect or outdated. And share your experiences with brokers!
US IRAs: Come check out my IRA overview!
BROKERS THAT CAN DRS TRANSFER
- Ally Invest 🇺🇸 GUIDE $115 fee. Thanks u/Bonesaparte
- Alpaca 🇺🇲 GUIDE Thanks u/Apprehensive-Donkey3
- Avanza 🇸🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER $30/300 SEK fee. Thanks u/MustbetheEvilTwin
- Avenue 🇧🇷 GUIDE US$150 fee. Thanks u/rockertseeker
- Baader Bank 🇩🇪 GUIDE $5 fee
- Bank of Scotland 🇬🇧 GUIDE $0 fee
- BBVA 🇲🇽 GUIDE $0 fee. Thanks u/Alarizpe
- BCEE 🇱🇺 GUIDE €50 fee. thanks u/luxowoman
- BNP Paribas 🇫🇷 GUIDE €75 fee
- BMO Investorline 🇨🇦 GUIDE $100 fee. Thanks u/Lacklusterbeverage
- Cash App 🇺🇲 GUIDE $0 fee
- Chase/JP Morgan 🇺🇲 GUIDE $0 fee
- Charles Schwab 🇺🇲 GUIDE $0 fee
- Charles Stanley 🇬🇧 GUIDE £50 fee. Thanks u/Hooded-Redditor
- CIBC 🇨🇦 GUIDE $50 fee. Thanks u/PoMo-G
- Citi Bank HK 🇭🇰 GUIDE YOU NEED A CS ACCOUNT NUMBER $50 fee
- Citi Bank US 🇺🇲 GUIDE $0 fee
- Crédit Mutuel 🇫🇷 GUIDE €40 fee
- Danske Bank 🇩🇰 GUIDE 400DKK fee. Thanks u/Ashage
- DIRECTA SIM 🇮🇹 GUIDE YOU NEED A CS ACCOUNT NUMBER $75 fee
- Disnat 🇨🇦 GUIDE $150 fee.
- DKB 🇩🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER. $0 fee. Thanks u/TheDocJekyll69
- DNB 🇳🇴 GUIDE NOK2000 Fee. Thanks u/Fiksdal
- E*Trade 🇺🇲 GUIDE $60 fee. Thanks u/jforest1 and u/JustAnuthaLooser
- Fidelity 🇺🇲 GUIDE $0 fee
- FirsTrade 🇺🇲 GUIDE $215 Fee. Thanks u/tubaman23
- Flatex 🇩🇪 🇦🇹 GUIDE €80/hour fee. Thanks u/Critical-Turnover858
- Flink 🇲🇽 GUIDE $130 fee. Thanks u/tiacuache_bebe
- Halifax 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
- Hatch 🇳🇿 GUIDE NZ$55 fee. Thanks u/HatchInvestTeam
- HSBC UK 🇬🇧 GUIDE £55 fee. Thanks u/Sgt_Bizkit
- IBKR/Interactive Brokers 🌎 GUIDE $5 fee.
- IG Australia 🇦🇺 🇿🇦 GUIDE $0 fee. Thanks u/FriskyGrub
- IG UK 🇬🇧 GUIDE $0 fee. Thanks u/Similar-Musician
- iWeb 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
- LHV Bank 🇪🇪 🇷🇺 GUIDE €10 fee. Thanks u/addyzagurski
- Lloyds 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
- LPL Financial 🇺🇲 GUIDE $25 Fee?
- Lynx 🇳🇱 🇧🇪 🇫🇷 🇩🇪 🇨🇿 🇵🇱 🇸🇰 🇫🇮 GUIDE $5 fee
- M1 Finance 🇺🇲 GUIDE $115 fee
- Merrill Edge 🇺🇲 GUIDE $25 fee. Thanks u/Strooticus
- MeXeM 🇳🇱 🇧🇪 🇩🇪 🇦🇹 🇮🇹 🇨🇾 GUIDE $5 fee. Thanks u/patrickvl
- Morgan Stanley 🇺🇲 GUIDE $0 fee. Thanks u/RealPropRandy
- Nabtrade 🇦🇺 GUIDE $0 fee
- National Bank 🇨🇦 GUIDE US$150 fee
- Navy Federal Credit Union (NFCU) 🇺🇲 GUIDE $55 fee. Thanks u/OccasionQuick
- Pearler 🇦🇺 GUIDE $55 fee
- Philips Securities (POEMS) 🇸🇬 GUIDE SG$53.50 + US$50 fee
- PostFinance 🇨🇭 GUIDE $200 fee
- Public.com 🇺🇲 GUIDE $100 fee. Thanks u/Spelunkingpunk
- QTrade 🇨🇦 GUIDE $300 fee. Thanks u/Toxsic99
- Questrade 🇨🇦 GUIDE $300 fee
- Rabo Bank 🇳🇱 GUIDE €55 fee
- Raiffeisen 🇦🇹 🇨🇭 🇩🇪 🇦🇱 🇷🇴 🇧🇬 🇨🇿 🇭🇺 🇷🇺 🇷🇸 🇺🇦 GUIDE YOU NEED A CS ACCOUNT NUMBER. 86.14CHF fee (inc. VAT). Thanks u/unasinni
- RBC 🇨🇦 GUIDE $50 fee
- Revolut 🇪🇺 GUIDE (temporarily unable to transfer) $55 fee. Thanks u/bennysphere and u/AbuseUDna
- S Broker 🇩🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER. $0 fee
- Saxo trader 🌎 GUIDE $25 fee
- Scotia iTrade 🇨🇦 GUIDE $100 fee
- Seibert 🇺🇲 GUIDE $0 fee
- SOFi 🇺🇲 GUIDE $115 fee
- Sparkasse 🇩🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER. $0 fee
- Sproutfi 🇧🇷 GUIDE $55 US fee
- Stake 🇦🇺 GUIDE $200 fee
- Stockal 🇮🇳 GUIDE $0 or $130 fee
- SuperHero 🇦🇺 GUIDE $115 fee. Thanks u/nas_tsoftg
- Swissquote 🇨🇭 GUIDE $200 fee
- T. Rowe Price 🇺🇲 GUIDE $15 fee
- TastyTrade 🇺🇲 GUIDE $115 fee
- TD Ameritrade 🇺🇲 GUIDE $0 fee
- TD Canadatrust 🇨🇦 GUIDE $80 fee
- TIAA Brokerage 🇺🇲 GUIDE $30 fee. Thanks u/daa4th
- TradeStation 🌏 GUIDE $25 fee. Thanks u/HelloYouBeautiful
- TradeZero 🇺🇲 GUIDE $250 fee
- UBS 🌏 GUIDE $0 fee
- US Bank 🇺🇲 GUIDE $0 fee. Thanks u/AccidentallySnide
- Vanguard 🇺🇲 GUIDE $0 fee. Thanks u/andersennavy
- Volksbank 🇩🇪 GUIDE €25-€30 fee. Thanks u/Antilles2
- WealthSimple 🇨🇦 GUIDE $304 fee
- Webull 🇺🇲 GUIDE $115 fee
- Wells Fargo 🇺🇲 GUIDE $0 fee
- Westpac 🇦🇺 GUIDE $10 fee
- XTB 🌏 GUIDE $25 USD fee
NOT YET POSSIBLE ^(Apes coming for you)^
- 1822direkt 🇩🇪 NO DRS, but can transfer out
- ABN AMRO 🇳🇱 GUIDE €30 fee. There is a way out
- Acorns 🇺🇲 GUIDE $50 fee. There is a way out
- AJ Bell 🇬🇧 GUIDE £0 fee. There is a way out
- ANZ 🇦🇺 GUIDE $100 fee. There is a way out
- Banca Sella 🇮🇹 GUIDE There is a way out
- Belfius 🇧🇪 GUIDE There is a way out
- Bendigo Bank 🇦🇺 GUIDE There is a way out
- Bolero 🇪🇺 GUIDE There is a way out. €50 fee. Thanks u/Anth_o_ny
- Bourse Direct 🇫🇷 GUIDE There is a way out
- Capital.com 🌎 GUIDE Capital do not do transfers, but there is a way out
- CMC Markets 🇦🇺 GUIDE AU$100 fee. There is a way out
- Comdirect 🇩🇪 GUIDE There is a way out. €25 fee
- Commerzbank 🇩🇪 GUIDE There is a way out. €150 fee
- Commsec 🇦🇺 GUIDE There is a way out. $0 fee
- Consors Bank 🇩🇪 GUIDE There is a way out. €30-€45 fee
- CREDEM Banca 🇮🇹 GUIDE There is a way out
- Dad.at 🇦🇹 GUIDE There is a way out. €? fee
- DeGiro 🇪🇺 GUIDE There is a way out. Thanks u/Working-Yesterday243 and u/Quetzacoal. €56 fee.
- Deutsche Bank 🇩🇪 GUIDE There is a way out. €? fee
- EasyBourse 🇫🇷
- Elana Trading 🇧🇬 GUIDE There is a way out. €25, or 12BGN + 1% market value fee
- Erste Bank 🇦🇹 🇪🇺 GUIDE There is a way out. €49,75 fee
- Etoro 🌏 GUIDE Etoro do not do transfers, but there is a way out
- Exante 🇲🇹 🇨🇾 🇪🇺 GUIDE €150 fee. There is a way out
- Fidelity UK 🇬🇧 GUIDE There is a way out. Thanks u/thesakar
- Fineco 🇮🇹 🇪🇺 GUIDE There is a way out
- Freetrade 🇬🇧 GUIDE Freetrade can transfer US stocks in, but do not allow transfers out. But there is a way out
- Futubull 🇭🇰 GUIDE There is a way out. Thanks u/ggame0598
- GBM 🇺🇲 🇲🇽 GUIDE There is a way out
- Gotrade 🇺🇲 GUIDE Gotrade do not do transfers, but there is a way out
- Hargreaves Lansdown 🇬🇧 GUIDE There is a way out. Thanks u/Maleficent-Rub-4805
- HSBC HK 🇭🇰 GUIDE There is a way out. Thank you u/ggame0598 for this info
- INDMoney 🇮🇳 NO DRS, but can transfer out. Thanks u/vlskh
- ING 🇳🇱 🇪🇺 GUIDE There is a way out
- Interactive Investor 🇪🇺 GUIDE There is a way out
- Intesa 🇮🇹 GUIDE There is a way out. Thanks u/Far_Limit6592
- Keytrade 🇧🇪 GUIDE €35+VAT fee. There is a way out
- Lightyear 🇬🇧 GUIDE Lightyear do not do outbound transfers, but there is a way out
- moomoo 🇸🇬 NO DRS, but can transfer out
- Ninety Nine 🇪🇸 GUIDE There is a way out. €? fee
- Nordnet 🇸🇪 GUIDE There is a way out. €50 fee
- OnVista 🇩🇪 GUIDE There is a way out. €? fee
- OpenBank 🇪🇸 GUIDE There is a way out. €? fee
- Postbank 🇩🇪 GUIDE There is a way out. €0 fee. Thanks u/FrankiHollywood
- Rakuten Securities 🇯🇵 GUIDE There is a way out. $? fee
- Renta 4 🇨🇱 GUIDE There is a way out. €? fee
- Robinhood 🇺🇲 GUIDE There is a way out. $75 fee
- Santander 🇪🇺 GUIDE There is a way out. $0 fee
- Scalable Capital 🇪🇺 GUIDE There is a way out! Thanks u/Lorunification
- SEB Bank 🇪🇺 GUIDE There is a way out
- SelfWealth 🇦🇺 GUIDE There is a way out. $110 fee
- Sharesies 🇳🇿 GUIDE Sharesies do not do transfers, but there is a way out
- SmartBroker 🇩🇪 GUIDE There is a way out. €? fee
- SoFi HK 🇭🇰 GUIDE $150 fee. There is a way out
- St. George 🇦🇺 GUIDE AU$100 fee. There is a way out
- Stash 🇺🇲 GUIDE There is a way out
- Stockpile 🇺🇲 GUIDE There is a way out
- Swedbank 🇪🇺 GUIDE There is a way out
- T212 🇪🇺 GUIDE T212 do not do transfers, but there is a way out
- Tiger Broker 🇸🇬 GUIDE There is a way out. $150 fee
- Trade Republic 🇪🇺 GUIDE There is a way out
- Tradernet 🇪🇺 GUIDE There is a way out. $60 fee
- Vested 🇮🇳 NO DRS, but can transfer out. Thanks u/vlskh
- Wealthfront 🇺🇲 GUIDE $0 fee. There is a way out
- Wombat 🇬🇧 GUIDE Wombat do not do transfers, but there is a way out
- X-O 🇬🇧 GUIDE There is a way out. £15 fee
- Zaba 🇭🇷 GUIDE There is a way out. Thanks u/femanon_cro
US IRAs: Come check out my IRA overview!
DRS. comment. SHOP.
Can confirm. DeGiro, there is way out!
Congrats on making it out!
Can confirm questtrade is 300$, however they dont have a system to transfer cost basis. I called their ‘service’ out for what it is incomplete. They sent me the docs to do it myself, I still asked for a refund. They gave me half the fee back into my account(150USD). After which I sent it to my bank bought directly with computer share using wise and terminated the leftovers.
On a family note, my mother was asked to pay two drs fees since her splividend shares got stuck at her brocker while her real shares were at computershare(Cause that makes fucking sense). After some encouragement from me, she talked to them and got the rest DRS’d for no charge(she is at different bank think it was 80$ for DRS).
Buy hold DRS…the rest is just noise.
edit: got the refund about 10 months from original tranfer date
Yeah getting cost basis outside of the US is just about impossible! I’m surprised they even sent you the docs to do it yourself! The important thing is keeping a hold of your transaction statements from questrade. That’s enough to prove your cost basis when it comes to it.
That’s super annoying for you mum. The broker should have waited for the dividend shares to settle before making the transfer! Clearly trying to squeeze a bit of extra cash out of people through bad service. Can’t believe it took so long to get the refund as well! You should have been able to charge interest for it. I guarantee they would if it were the other way around!
Anyway well done on getting out of there and for helping your mum do the same! That’s some dedication right there.
A note for CanadApes – IBKR via interactivebrokers.ca is also only $5 USD to DRS. Best alternative now that BMO charges $100.
100%! IBKR is pretty much the number 1 broker to DRS with if you’re not a US citizen now. Really not many options outside of it, which sucks! But at least we have something.
For CanadApes, BMO used to be great (free) but now it’s $100, so f*ck em. Use Interactive Brokers Canada or DRS directly by purchasing from ComputerShare (but remember to BOOK and shed the fractional afterwards).
Fuck yeah this is it !!
This is the good stuff!
Can confirm, comdirect there is a way out.
Thanks for posting this. I’ve been meaning to DRS my AMC shares, but honestly just been too lazy to even look up how to go about it.
Totally understand, the brokers do not make it easy! So it made sense to fill that gap in the market ;)
Hope this helps you get it done!
What is bank of Scotland and why does it have a British flag on it
Scotland is pretty much England’s Canada. They’re trying to get away from us and I can’t blame them 😂
as a canadian, i like this description.
The actual fuck