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Transferring Share Portfolios to Another Investing Platform

Our guide explains the share portfolio transfer process of Stake, Hatch, Sharesies, Tiger Brokers (NZ) and Interactive Brokers and covers must-know facts and frequently asked questions.
Updated 29 July 2025

Summary
  • It's not common to outgrow your investing platform, but there may be cases when you want to switch providers. For example, you don't like the fees, the fees have increased, your investing habits have changed, you want a different user experience, or you want to try a new platform altogether.
  • Whatever the reason, Stake, Hatch, Sharesies, Tiger Brokers and Interactive Brokers all offer portfolio transfers.
  • In some cases, given the fees involved and the size of your investment(s), it can be more cost-effective to sell your shares rather than transfer them and buy them back using another platform (subject to fees and price changes). Of course, this is the last-resort option should you not want to stay with your current investing platform.

This guide outlines everything you need to know about each service and important must-know facts. We cover:
Know This First: Have you been asked to supply a 'CSN' by a share broker or investment platform? Our Common Shareholder Numbers (CSN) guide explains what this means, how to find yours or how to get one.

Important: The information on this page regarding the transfer of share portfolios, including fractional shares, is based on current available resources and user experiences. While we strive to provide accurate and up-to-date information, policies and procedures may vary between brokerage platforms and can change without notice. Please be aware that:
  1. Not all brokerage platforms support the transfer of fractional shares.
  2. Specific policies of brokerage firms, such as DriveWealth, may impact the ability to transfer fractional shares even if it appears technically possible.
  3. The information provided on this page does not constitute financial or investment advice and should not be relied upon as such.

Because things are not clear, we strongly recommend verifying the current policies with your brokerage platform directly before initiating any share transfer. If you encounter any discrepancies or have further questions, please consult with a qualified financial advisor or the customer support of your respective brokerage firm. By using the information on this page, you agree that MoneyHub is not responsible for any errors, omissions, or any outcomes resulting from using this information.

Know This First: Understanding the Difference Between "Internal" and "External" Transfers

Internal Transfers:
  • This is when shares are transferred between two accounts with the same broker (e.g., DriveWealth).
  • Since Sharesies, Stake and Hatch use the same broker, shares can be transferred either way (e.g., Sharesies to Hatch or Stake, Stake to Sharesies or Hatch etc.) within 24 hours. However, to transfer your portfolio between either Stake, Sharesies or Hatch, there will be a $65 USD fee charged by DriveWealth.
  • Fractional share transfers are enabled for these intra-Drive Wealth transfers
  • Internal share transfers can be initiated by the platform you want to transfer to. E.g., if you want to transfer from Sharesies to Hatch, you can organise this with Hatch and vice versa.

External Transfers:
  • This is when shares are transferred between two accounts with different brokers.
  • There are fees for external transfers charged by the sending broker. For example, transferring from Hatch or Stake to Interactive brokers would incur a fee. This applies to most (if not all) platforms and brokers given the paperwork and time involved. 

Share Portfolio Transfer Options - Hatch, Stake, Sharesies, Tiger Brokers (NZ) and Interactive Brokers

Know This First - Hatch, Stake and Sharesies all have unique selling points and benefits that favour different investor types. Before initiating any transfer, it's a good idea to thoroughly understand the investment platform you plan to migrate to. Our Hatch vs Stake vs Sharesies is a good starting point. We have outlined four platforms below which cover USD shares. We have not covered New Zealand or Australian-listed share transfers as the options to do this are relatively limited.
What you can transfer: US-listed shares and USD cash

Summary: Hatch lets you transfer all or part of your portfolio (and USD) from Stake within 24 hours, and usually within 5-10 days for other brokers. Hatch's transfer process allows you to transfer any shareholding (as long as Hatch offers the shares) and they have a concierge team dedicated to transfers from almost any global broker or employee share scheme. Hatch also helps cover some of the transfer fees from your existing broker.
What you can transfer: US-listed shares and USD cash

Summary: Stake offers portfolio transfers within 24 hours (for Hatch customers) and up to eight working days for other platforms. Stake offers a welcome bonus of one free share, currently Dropbox, for any new customer transferring their portfolio over US$500 to its platform. 
What you can transfer: NZ-listed shares

Summary: Sharesies offers ASX share transfers (SRN or HIN) and US share transfers (DriveWealth internal, DTC and DRS). Sharesies does not charge fees for inwards share transfers (ASX, US or NZX). Importantly, New Zealand-listed shares can't be transferred to Hatch or Stake given neither offer NZ shares.
What you can transfer: Australian, US, Hong Kong, Singaporean and other global shares

Summary: Tiger Brokers (NZ) lets you transfer shares into or out of its platform via the app or website. There are no fees for transfers in - transfers out have arguably high fees, as outlined here. In all cases, Tiger Brokers (NZ) will arrange the transfer within 1-2 days, although this also depends on the other broker's processing times.

Please note: Tiger Brokers (NZ) accepts transfers from Stake, Sharesies and Hatch. While it's a straightforward process to transfer shares into Tiger Brokers (NZ), another option is for a trader to sell their stocks, cash out their account and then purchase them again with a Tiger Brokers account. There is a risk of price movements during the transaction, but it does allow complete flexibility.
What you can transfer: US-listed shares

Summary: Interactive Brokers, unlike Hatch or Sharesies, isn't New Zealand-owned, nor does it have functional support. Therefore, if you are transferring to Interactive Brokers, we suggest caution unless you're experienced with the platform and prepared to navigate its support service. If you are, the transfer time is indicated as being from four to eight business days, depending on your third-party broker.

Switching Platforms? Tiger Brokers Makes Transfers Easy (and Free)

Tired of rising fees at your current platform? You're not alone. Thousands of New Zealand investors are discovering they can cut their trading costs by 50% or more by switching to Tiger Brokers (NZ).

​Why Investors Are Transferring to Tiger Brokers:

Free Transfers In
  • No transfer fees when bringing your portfolio to Tiger Brokers
  • Accepts transfers from Stake, Hatch, Sharesies, and most global brokers
  • Process initiated within 1-2 business days
  • Full support from Auckland-based team throughout

Lower Ongoing Costs = More Money Invested
  • US shares from just US$2 per trade (vs more elsewhere)
  • 0.35% FX rate - the lowest in New Zealand
  • 4 free trades monthly forever
  • No monthly fees or subscriptions

Everything in One Account
  • Keep all your investments together: NZ, Australian, US, and Asian markets
  • No need for multiple apps and passwords
  • Single tax statement at year-end

MoneyHub Reader exclusive benefits:
  • In discussions with Tiger Brokers (NZ), their team has advised us that anyone signing up via MoneyHub will receive the following:
  • Bonus Offer: New customers can receive up to NZ$200 in cash bonuses - simply open an account and within 7 days deposit NZ$2,000 for a NZ$100 bonus, NZ$5,000 for a NZ$150 bonus, or NZ$10,000 for a NZ$200 bonus
  • Zero transaction fees (e.g. brokerage fees) four times for US and ASX shares every month, for life.
  • Zero currency exchange fees for the first NZ$2,000 of currency exchanged every month, for life (NZD to/from USD and AUD)
  • Please note, standard T&Cs apply​

​Two Ways to Switch:
  1. Transfer your existing shares (free, takes 3-7 days)
  2. Sell and rebuy (immediate, but check tax implications)

Ready to stop overpaying? Start your transfer to Tiger Brokers today

Note: While transfers in are free, check with your current platform about any exit fees they may charge.

Frequently Asked Questions

If you're unsure about anything, please contact your investing platform. There are certain cases where there may be delays, fees may be applied and/or the transfer process will be non-standard. If you have a question, your existing and/or new investing platform's support team are the best people to answer it. We have outlined common queries below with answers to help guide your decision-making process.

Can I see shares during the portfolio transfer?

No - when your portfolio moves from one platform to another (i.e. from Stake to Hatch), you won't be able to sell your shares during the transfer period. Once your portfolio appears in your new platform, you will be able to buy and sell.

Are there any foreign exchange or tax issues I need to deal with after the transfer?

No - US-listed shares are all denominated in USD, so there is no foreign exchange issue. Stake, Hatch and Sharesies handle their customers' tax reporting, so there are no tax implications from such a transfer.

Can I transfer my portfolio to any platform?

It depends - you'll need to check with the platform your're with and the platform you wish to transfer the shares into before starting the process.

Do I have to pay to transfer my portfolio?

In most cases, no, but do check this with your existing platform and new platform. Beyond fees, some platforms offer bonuses for clients (such as a cash payment or similar) transferring in their portfolio. 

Can I transfer part of my portfolio, e.g. move some shares but leave others where they are in my current investing platform?

This will depend on the platform you're transferring to. We suggest contacting the platform you want to transfer to first before taking any action.

What happens to shares and ETFs when I request a transfer?

All settled shares and ETFs should be transferred to the new platform.

What happens to fractional shares?

It depends on the platform you're using. You can transfer fractional shares between DriveWealth broker accounts - this means Stake, Sharesies and Hatch. For full certainty, you'll need to ask your investing app/broker's support team as historically we have heard of mixed experiences.

What happens to cash balances?

It depends on the broker. As an example, you can transfer your USD balance from any broker to Hatch (or deposit USD directly into Hatch). Hatch transfers to Stake can come with cash by requesting a "Full Portfolio Transfer".

Is there a transfer mininum?

Hatch, Sharesies, Stake and Interactive Brokers do not have a transfer minimum.

How long will the transfer take?

Based on discussions with Hatch, Sharesies and Stake, we believe the time ranges from one business day to up to eight business days. It's essential to understand that you won't be able to sell any of your investments during this transfer period.
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