How to Transfer Your Brokerage Account
Step-by-step guide to transferring your investment accounts between brokerages in Canada. Learn about ATON transfers, fees, and timelines.
Estimated time: 2-3 weeks
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Choose Your New Brokerage
Research and compare brokerage promotions to find the best offer for your situation. Use our calculator to see which promotion offers you the highest reward.
Gather Account Information
Collect your current account statements, account numbers, and any relevant documentation from your existing brokerage.
Open Account with New Brokerage
Open your new account online or by phone. Make sure to use the promotional code if one is required. Have your identification and account information ready.
Initiate Transfer Request
Complete the transfer form with your new brokerage. You'll need to provide your old brokerage's information and account details.
Choose Transfer Type
Decide between an in-kind transfer (keeping your investments) or liquidating first. In-kind transfers are usually preferred to avoid selling and buying back investments.
Wait for Transfer Completion
Transfers typically take 5-10 business days. Your new brokerage will handle the process with your old brokerage. You'll receive confirmation when it's complete.
Verify Transfer and Bonus
Once the transfer is complete, verify your account balance and confirm that your promotional bonus is being processed according to the terms.