How can I transfer my AU and US shares out of Pearler
AU Shares
If you’d like to transfer your Australian shares out of Pearler, you’ll need to initiate the request with the broker you’re transferring to.
Broker details:
Broker name: Openmarkets Australia Limited
Broker PID: 1137
If you’re transferring between HINs with the same account name, address, and entity type (e.g., both are individual accounts), Pearler does not charge transfer fees.
US Shares
Transferring US shares depends on the type of transfer your receiving broker supports:
ACAT Transfers
If your broker accepts ACAT transfers, you’ll initiate this with them.
Important to note:
Fractional shares will be sold, and proceeds transferred as cash. Alternatively, you can request a partial transfer to only move whole shares.
Your account must have sufficient cash to cover transfer fees. You can add funds by depositing cash or selling securities.
DTC Transfers
If your broker only accepts DTC transfers, you’ll initiate this with Pearler. Here’s how:
Complete [this authorisation form]. (only whole units can be transferred)
Provide contact details for your receiving broker.
Pearler will coordinate with your receiving broker and Alpaca.
Once confirmed, Alpaca will deliver the shares, charge the applicable fee, and update your account.
Your Alpaca account number is available under Settings > US Settings in your Pearler account.
Transfer Fees
Fees for US transfers out of Pearler are charged in USD. Please see the following fee schedule:
ACATS Transfers - $100 / full or partial ACAT
DTC Transfers - $50 per security per submission
If you have any questions, please reach out via live chat or email us at help@pearler.com.