Transfer assets to Moomoo Canada
US stock transfer details
● Assets eligible for transfers may vary depending on your receiving account type. For details, see Assets eligible for transfers.
● The transfer processing times may vary depending on your transfer method. For details, see Stock transfer processing times.
● Different transfer methods may apply depending on the country or region of the other broker you are transferring from. For details, see Transfer methods available.
Submit a transfer-in request
To submit a transfer-in request via the moomoo app:
Go to Accounts > Transfers > Transfer Stock In, or click here
To submit a transfer-in request via the Client Portal:
Click More > Transfer & Pay > Transfer Positions > Incoming
Select the other broker's country or region
Select the other broker's country or region in the related field.
Select a transfer method
Different transfer methods and fees may apply depending on the country or region of the other broker you are transferring from.
Here are the account number formats used by common brokers:
RBC Direct Investing (Broker: RBC Dominion Securities): 10 numerical digits. Please note that your statements usually show an 8-digit account number; however, there should be 2 check digits following the account number.
BMO InvestorLine (Broker: BMO Nesbitt Burns INC): 10 numerical digits. Please note that your statements usually show an 8-digit account number; however, there should be 2 check digits following the account number.
CIBC Investor’s Edge (Broker: CIBC World Markets): 10 numerical digits. Please note that your statements usually show an 8-digit account number; however, there should be 2 check digits following the account number.
Scotia iTrade (Broker: Scotia Capital Markets): 10 numerical digits. Please note that your statements usually show an 8-digit account number; however, there should be 2 check digits following the account number.
Questrade Inc: 10 numerical digits. Please note that your statements usually show an 8-digit account number; however, there should be 2 check digits following the account number.
Wealthsimple (Broker: Canadian Shareowner INV INC): 8 alphanumeric characters followed by CAD, 11 characters in total, in a format of AA0000A0CAD
Transfer methods available
For Individual Margin Account and Individual Cash Account, Moomoo CA currently supports the following transfer methods:
● ATON (Automated Transfer Online Notification)
● ACATS (Automated Customer Account Transfer Service)
For RRSP or TFSA account:
● ATON (Automated Transfer Online Notification) RRSP/TFSA inbound transfers (from another financial institution) are supported.
● Transfers from a cash or margin account or elsewhere to a RRSP or TFSA account are not supported.
● RRSP/TFSA inbound transfers (from another financial institution) via Free of Payment (FOP) is not supported.
ATON (Automated Transfer Online Notification)
ATON is a way to transfer money electronically between different Canadian brokerage accounts.
Applicable Brokers: Canadian brokers
Step-by-Step Instructions:
1. Submit a stock transfer request via the Client Portal
2. The Client Portal will send an ATON request to the Canadian broker you are transferring from
Fees: Free
Processing Time: Typically takes 3-8 business days to complete.
FOP is a method of transferring securities from a broker located outside of the US. This transfer method only involves the transfer of securities ownership and does not involve the transfer of funds.
Applicable Brokers: Any broker outside the US
Step-by-Step Instructions:
1. Log in to the Client Portal
2. Enter the receipt instruction
3. Provide your account information from the account with the other broker
4. Print, sign, and send the Letter of Authorization to your broker or follow the guidelines they require. Find the letter on the transfer confirmation page, a Customer Account Transfer.
Fees: Free
Processing Time: The duration of the transfer process can vary from several business days to several weeks, depending on the complexity of the transfer and the procedures followed by the other broker.
ACATS (Automated Customer Account Transfer Service)
ACATS is a fast and reliable way to transfer assets between different brokers.
Applicable Brokers: US brokers
Step-by-Step Instructions:
Submit a stock transfer request via the Client Portal
The Client Portal will send an ACATS request to the US broker or bank you are transferring from
Fees: Free
Processing Time: Usually takes 4-8 business days to transfer US securities and USD cash.