How do I transfer my shares from TastyTrade to Webull?

Tastytrade Australia clients can transfer their assets to Webull via DTC transfers.

You must use Webull Securities (Australia) Pty Ltd, which is regulated by ASIC (AFSL 536980). This entity is specifically tailored for Australian residents and complies with local financial regulations. Webull Australia offers US stocks, US options (Level 1-Level 3) and crypto. Zero brokerage trading for US stocks and ETFs.

Webull Australia supports DTC transfer and international wire. You can transfer your share positions and USD cash to your Webull Australian account provided they meet our transfer requirements.

Can I deposit USD directly into Webull Australia?

Yes. Webull Australia supports USD International Wires. Since TastyTrade and Webull Australia both support USD, users can move funds without a forced currency conversion to AUD, potentially saving on FX spreads.

The Process:

1. Open the Webull app
2. Navigate to Account (middle icon) → Select Security Account → Funding → Select USD → Select Bank Transfer
3. Copy and paste Webull's USD bank details into the TastyTrade withdraw page
4. Ensure you include the reference code
5. The transaction may take 2-3 business days

What are the costs for a USD wire?

TastyTrade Fees: TastyTrade typically charges $45 USD for an outgoing international wire. Intermediary banks may deduct additional fees (usually $15–$25 USD) from the total amount before it arrives at Webull Australia.

Webull Fees: Webull Australia charges $1 USD for incoming wires. Please note that intermediary banks involved in the transfer process may charge additional fees.

How do I transfer my US stocks to Webull Australia without selling them?

Webull Australia uses the DTC (Depository Trust Company) method for share transfers. You can use a DTC Transfer to move your holdings to Webull without liquidating your positions. DTC transfers are typically initiated as a "push" from the delivering broker (TastyTrade). This is a manual, non-automated process where you must provide TastyTrade with Webull's specific DTC Participant Number and clearing account details

The following are NOT supported for US shares transfer in from another brokerage: OTC symbols, US options and fractional shares.

What information do I need to provide TastyTrade?

To transfer shares to Webull, you will need to submit the request via Webull app and provide TastyTrade with Webull's US clearing firm details. Please refer to the step by stepstep-by-step guide.

How long does a DTC transfer take?

DTC transfers are processed manually and typically take 10–15 business days to complete.

Step-by-Step DTC Transfer Guide

Please note that Stake TastyTrade has the following Transfer Fees:

• TastyTrade: TastyTrade states they will waive the DTC transfer fee for Australian residents. For the most current information, please visit: TastyTrade FAQ

• Webull: Webull Australia does not charge any additional transfer fees

2. Prepare the following information:

• A copy of your photo ID.

• Your most recent TastyTrade account statement

3. Initiate the Transfer by following these steps on the Webull App:

• Log into your Webull app.

• Go to Transfers > Portfolio Transfer > US Share Transfer

• Enter the detail of the delivering broker (TastyTrade)

• Enter the stock details you wish to transfer

4. Confirm the details are correct and select next

• A transfer request form will be sent to your registered email address. Please PRINT OUT a physical copy of the transfer request form.

• Sign the request form, ensuring that your signature matches the one on your ID document (please note digital signatures are not accepted).

• Take a clear photo of your completed request form.

5. Log in to your Webull App and open Portfolio Transfer. Upload the required documents.

• A copy of your ID

• A photo of the signed request form

• An ownership statement

6. Once complete, click Submit.

Once you have submitted your stock transfer request, it will show as processing. Please allow up to 10 business days for the transfer to be completed.

7. Complete TastyTrade’s Requirements

You must also complete the process on TastyTrade's platform:

• Log into your TastyTrade platform

• Navigate to Forms → Free Delivery Request Form

• Complete the form thoroughly and return it to banking@tastytrade.com for processing

• The form is also available upon request if you cannot locate it online

When completing TastyTrade's form, you will need to provide the following Webull information:

• Organisation Name: Webull Securities (Australia) Pty Ltd

• Contact Person: Operations Team

• Email: sharetransfers@webull-au.com

• Custody Account Number: Your Webull account number (starts with CAU)

• DTC Participant Code: 0158

Please take note of the following:

• You must ensure that the shares you are transferring are registered in the same name as the Webull account you are transferring to.

• Webull Australia only supports Depository Trust and Clearing (“DTC”) share transfers.

• The minimum threshold for shares transfer in is USD$5,000 (Mark-To-Market Value).

• You cannot transfer Fractional Shares out of Stake TastyTrade accounts

• You may need to contact TastyTrade to verbally authorise the release of stock

Cryptocurrency Transfers

How do I move my crypto without selling them?

Webull Australia supports cryptocurrency trading via Webull Pay. However, Webull Pay does not currently support cryptocurrency transfers from external wallets or platforms.

To trade cryptocurrencies with Webull Australia, you must first open a Webull Pay account. If you wish to transfer existing cryptocurrency holdings, you will need to sell them on your current platform and transfer the funds to purchase cryptocurrencies through Webull Pay.