If you have holdings attached to a Holder Identification Number (HIN) that is registered with another broker, you can choose to:
- Transfer your HIN and all its holdings to Opentrader OR
Establish a new HIN with Opentrader and transfer your shares to your new HIN at a later stage.
Via the online application process please follow the prompts for your HIN Transfer in your application within the Opentrader platform after you have signed up for a demo account.
Then print and sign the HIN Transfer form with an ink pen and upload with a copy of your Driver Licence or Passport to your application for a signature match or email this to firstname.lastname@example.org with the subject line 'Opentrader HIN Transfer -Full Name'
To keep accounts safe, digital signatures cannot be accepted.
International Residents: Submit via Post.
Provide this instruction in the CHESS Sponsorship section of the your International Resident Application Form. Print and sign the HIN Transfer form for signature verification, you can mail this with the rest of your application.
How broker-to-broker HIN & Holdings transfers work?
Moving securities from one broker (or custodian) to another requires us to instruct that broker to initiate the transfer on your behalf. Once the securities have been delivered to Opentrader your holdings will be updated and you will need to update your Average Price.
How long do HIN & Holding transfers take?
Provided your signature can be verified against your ID, your form is printed & signed with an ink pen and you have no open buy/sell orders, it is typically completed within 2-3 working days.
It takes 1 extra day for us to link & welcome you to the platform if your linked cash account is active.
What if my HIN is already on Opentrader PID 1137?
HINs already on our PID cannot be transferred internally. For HINs already on Opentrader PID 1137 via an intermediary please select "New HIN" on your application and you could consider a stock transfer (no cost in the same name).
Does my ID need to be certified?
No, unless you are transferring your HIN from CommSec PID 1402 - that is a requirement of theirs.
Is there a fee to Transfer my HIN &/or Holdings to OpenTrader?
Other transfers types:
Issuer Sponsored Holding Transfers
If you wish to transfer holdings that are sponsored with a share registry (i.e. not attached to a broker sponsored HIN) see this article: How do I transfer my Issuer Sponsored Holdings to Opentrader?
If you wish to transfer holdings in the name of one entity to another, or one person to another, you'll need to complete an Off Market Transfer form.
Please note: There is a charge associated with Off-Market Transfers of $27.50 per transfer.
If you have any questions or need help, don't hesitate to get in touch 🙋
You can reach us on live chat or over the phone on 1800 OT TEAM (1800 688 326 or +61 2 9055 4400 for overseas). We're available between 9:00 am and 5:00 pm (Sydney time), Monday to Friday. If we're away, just send us a message and we'll get back to you.