You can transfer your existing PEA account to Trade Republic. To initiate the process, please fill out the Transfer Request Form. Please note that by completing the form you authorize Trade Republic to liaise with your previous PEA provider on your behalf.
Requirements:
A partial account transfer is not possible for regulatory reasons. All securities, cash, and tax data must be transferred at once.
Your securities must be tradable at Trade Republic. Please ensure this prior to initiating your transfer by checking whether there’s a hit for your respective security in the in-app search. If some securities are not tradable with Trade Republic, please sell them before executing the portfolio transfer. If your PEA still includes any non-tradable instruments when transferring, we will reverse the transfer and require you to sell those holdings first, which can cause delays.
Further informations:
The portfolio transfer usually takes 4-5 weeks, but may take up to 3 months for unusual cases.
Your previous broker may charge a fee of 15 € per security. This fee is capped at 150 € for the entire portfolio transfer.