What happens if I decide to transfer (ACAT) my brokerage account to another firm?

  • While conducting an ACAT is your right, we encourage you to reach out to us before doing so. 
  • Unlike a regular brokerage account with assets the crypto assets in your account do not convey to the new firm and will be liquidated upon notification of the ACAT and then the cash is transferred.
  • Additionally, APEX Clearing, our clearing broker levies a $75 outbound transfer fee. 

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Tommy Tranfo

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