Are there any fees to transfer my shares to another person/entity (an off-market transfer)?
Transferring your shares to another person or entity is called an off-market transfer. (This is not a broker to broker transfer). There are two different types of off-market transfers with Superhero.
An internal off-market transfer is when you transfer your existing shares to another Superhero account (incl. deceased estates, change of beneficial owner, etc).
An external off-market transfer is when you transfer your existing shares to another entity, external to your Superhero account.Â
There is a cost to conduct this type of transfer and we pass this cost on.
Please see the Superhero Fee Schedule for further information.
Can I transfer my U.S. shares to/from Superhero?
Yes, you can transfer your U.S. shares and ETFs in or out of your Superhero account. Only whole shares can be transferred (i.e. not fractional shares).
If you already hold shares with another broker or with a transfer agent and would like to transfer all or some of your shares to Superhero, you will need to complete a US Share Transfer form available on our website. We do not charge a fee for accepting shares transferred from another broker, but there may be other fees depending on the transfer type, including for shares transferred from the Direct Registration System (DRS) with a transfer agent.
If you wish to transfer shares in your Superhero account to another US broker, you will need to request a transfer form from your other broker. Transferring shares out of your Superhero account will incur transfer fees, which are charged by Apex Clearing Corporation. Please see the Superhero Fee Schedule for further information.
If you require assistance please contact us via:
– chat; or
– email hello@superhero.com.au.
Are there any fees for transferring my shares to/from Superhero?
Superhero does not charge any fees to transfer your shares to Superhero. Some brokers may charge transfer out fees depending on the transfer type, including for US shares transferred from the Direct Registration System (DRS) with a transfer agent.
If you wish to transfer Aussie shares or ETFs out of your Superhero account, we do charge a fee to transfer out ETFs.
There are also fees if you wish to transfer U.S. shares or ETFs out of Superhero.Â
Please see the Superhero Fee Schedule for further information.
