Stock Transfer to different broker

🤝 Help
1

Hello dear Trading212 team,

I am actually a happy user of your services and think the app is really well done, but unfortunately I have to close or change my portfolio due to the following things.

  1. Taxation of profits from the purchase / sale of shares
  2. Taxation of dividends as a German citizen 3) No share transfers
  3. No annual tax statement. I talked to my tax advisor for a really long time and the current effort (calculate each individual dividend yourself), contacting the tax office, paying additional taxes makes the deposit unusable for me.

Why can’t I transfer my shares to another broker? Every broker in Germany does this, including cheap brokers like Trade Republic. That must be possible? I don’t want to realize my profits and then pay taxes … what can I do? I would also offer myself as a first attempt to transfer individual values ​​…

I know that share transfers are currently not possible, but surely there has to be a solution?

Many thanks!!

Lg
Pascal

5 Likes
2

image
image949Ă—1077 76.5 KB

this is what dividend taxation looks like at a broker in Germany. The taxation is done and I don’t have to contact the tax office. I also see a lot more details.

Regards
Pascal

3

You can transfer your shares to another broker, you need to initiate the request from the other broker’s side and follow their instructions.

4

There have already been several discussions about it in the forum and the current status is: not possible

5

Here is an example from IB

Transfer
Transfer2695Ă—1933 177 KB

6

Okay. So what do i have to do?
I have a document from my German Broker to transfer shares to them.

Thank you very much!

7

If your German broker does not request the transfer directly from T212, email T212 with your request and see what they say.

8

I asked and it’s not possible.

9

Sorry if I mislead you

1 Like
10

Is there an update on transferring positions from / to another broker???

11

Unfortunately, not yet possible.

12

How about now? Any updates? It’s been years I am waiting to transfer my funds from Trading212 to IBKS.

13

There aren’t any updates at this point. If I have any news, I’ll let you know, that’s for sure :ok_hand:

1 Like