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How to transfer stocks out

Investors can transfer their stocks out of Moomoo NZ to another brokerage firm.
The following details apply to all stock transfer requests:
• You can transfer your US stocks, HK stocks, and AU stocks out of their Moomoo NZ account.
• Stocks can only be transferred between your own brokerage accounts under the same name.
• Stock transfers usually take 2-3 weeks. The transfer time is subject to the actual processing time of both brokerages.
 

1.How are transfer fees charged

When transferring stocks out of your brokerage account, a transfer fee will be charged to your account. Please make sure you have sufficient funds in your brokerage account to cover any transfer fee.
 
Transfer fee (Per transfer)
• US$50 per US stock
• HK$500 per HK stock
• A$55 per AU stock
Note: Transfer fees are charged by Moomoo NZ.
For example, if you transfer two US stocks, such as BABA and AAPL, from Moomoo NZ trading to an outside brokerage firm at the same time, the total transfer fee will be $100.
 

2.Send an email to Moomoo NZ

Notify Moomoo NZ to process your transfer request by sending an email to settlement@nz.moomoo.com
Your email should include the following information:
 
a) Details of the receiving firm
Info Needed
Your Information
moomoo ID
Your moomoo ID
Registered Name
Your registered legal name with Moomoo NZ
Receiving Brokerage Firm
Your other brokerage firm's legal name
Receiving Account
Your account number with the receiving brokerage firm
Contact Information of the Receiving Brokerage Firm
Phone or email
 
b) Stock symbol and quantity
Please fill in the corresponding stock symbol and quantity based on the market of the stocks you request to transfer.
Market
Stock Symbol
Quantity
US Market
Example: AAPL
Example: 2
HK Market
Example: 00700.HK
Example: 2
AU Market
Example: RDNO
Example: 2
 
c) Make a declaration
Please fill in the corresponding fee declaration information based on the market of the stocks you request to transfer.
Market
Declaration
US Market
I declare that I am aware that Moomoo NZ charges a $50 transfer fee per stock per transfer.
HK Market
I declare that I am aware that Moomoo NZ charges a HK$500 transfer fee per stock per transfer.
AU Market
I declare that I am aware that Moomoo NZ charges an A$55 transfer fee per stock per transfer.
 

3.Send an email to the other brokerage firm

Notify the receiving brokerage firm via email, and submit a stock transfer request on their platform.
As different brokerage firms have different notification requirements, please follow the instructions of the receiving brokerage firm.
Notes:
• When notifying the receiving brokerage firm to receive the stocks, suggest that they contact Moomoo NZ at settlement@nz.moomoo.com.
• Your transfer will not be processed until both brokerage firms have received your transfer requests and confirmed the information.

 

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