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r/Superstonk•
Bibic-Jr

The DRS List. Mercy mercy me, GME ain't where it used to be, Where did all the street shares go?

💡 Education

https://imgur.com/9OWKhdF

This is the work of many apes. Thank you, all of you for sharing this info with me! Extra shout out to u/da_squirrel_monkey, u/Working-Yesterday243 and u/PutPsychological8698. It's like a wiki, so please let me know if anything is incorrect or outdated. And share your experiences with brokers!

DRS FAQs

1. What can I do if my broker cannot transfer using DRS? Some brokers won't allow DRS transfers, but they might allow broker to broker transfers. If that's the case, you could transfer from your current broker to an international broker such as TradeStation, XTB or IBKR, then ComputerShare. If you want to do more, you can complain about this to your country's Financial Arbitrator/Ombudsman. Here's the list of Eurpoean Financial Arbitrators.

2. My broker doesn't know what a DRS transfer is, now what? Use these 3 points to help your broker understand: 1. Ask specifically for a DRS transfer to ComputerShare US and to check with their back office about this. 2. Remind them that ComputerShare is a transfer agent and not a broker, so they cannot initiate the transfer. 3. Tell them it needs to be a DTC W/T Transmission. (W/T means Withdrawal by Transfer!)

3. My DRS transfer is taking forever what should I say? Here's how to Karen them into doing their job.

4. Is there a way to get a share from any country in the world, without using a broker? Anyone Can use Give A Share. Or if you have a friend with shares in ComputerShare, they can gift you a share to get your account set up

5. How do I DRS GS2C shares? IBKR have stopped converting GS2C into GME. If you're in Germany Postbank is still offering this service for €50.

6. Can I speed up the snail mail / delivery times? If your account has less than 10 shares Computershare can provide your account number over the phone, skipping the need for the first letter (otherwise you can expedite the first letter for $45). The second letter with the verification code can be sped up for a fee of $30, they will send you an email with the pin within 48 hours.

7. How do I call ComputerShare? Here are ComputerShare's GME specific numbers: In the US you can call toll free on 800 522 6645. If you are oustide of the US: ComputerShare have made a free phone number for GME! The number is: + 800 3823 3823. Most EU countries can call this number, the full list can be found in the ComputerShare FAQ. It's the 5th FAQ down. If your country is not on that list, you can use a Skype free trial or a similar web calling platform.

8. How Should I register my shares after I have my ComputerShare account? Both plan and book shares are removed from the DTC. But plan shares are held with ComputerShare and can allow fractionals for that reason. Book shares are held in your name only. If you want to convert your plan shares to book them, follow this guide from u/thewwwyzzardd.

__________________________________

BROKERS THAT CAN DRS TRANSFER

  1. Ally Invest 🇺🇸 GUIDE $115 fee. Thanks u/Bonesaparte
  2. Alpaca 🇵🇪 GUIDE Thanks u/Apprehensive-Donkey3
  3. Avanza 🇸🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER $0 fee. Thanks u/MustbetheEvilTwin
  4. Avenue 🇧🇷 GUIDE US$150 fee. Thanks u/rockertseeker
  5. Baader Bank 🇩🇪 GUIDE $5 fee
  6. BCEE 🇱🇺 GUIDE thanks u/luxowoman
  7. BMO Investorline 🇨🇦 GUIDE $0 fee
  8. Cashapp 🇺🇲 GUIDE $0 fee
  9. Chase/JP Morgan 🇺🇲 GUIDE $0 fee
  10. Charles Schwab 🇺🇲 GUIDE $0 fee
  11. Charles Stanley 🇬🇧 GUIDE £50 fee. Thanks u/Hooded-Redditor
  12. CIBC 🇨🇦 GUIDE $50 fee. Thanks u/PoMo-G
  13. Citi Bank HK 🇭🇰 GUIDE YOU NEED A CS ACCOUNT NUMBER $50 fee
  14. Citi Bank US 🇺🇲 GUIDE $0 fee
  15. Commsec 🇦🇺 GUIDE $0 fee
  16. Crédit Mutuel 🇫🇷 GUIDE €40 fee
  17. Danske Bank 🇩🇰 GUIDE 400DKK fee. Thanks u/Ashage
  18. DIRECTA SIM 🇮🇹 GUIDE YOU NEED A CS ACCOUNT NUMBER $75 fee
  19. Disnat 🇨🇦 GUIDE $150 fee.
  20. DKB 🇩🇪 GUIDE YOU NEED A CS ACCOUNT NUMBER. $0 fee. Thanks u/TheDocJekyll69
  21. DNB 🇳🇴 GUIDE NOK2000 Fee. Thanks u/Fiksdal
  22. E*Trade 🇺🇲 GUIDE $500 deposit, which may or may not be charged. Thanks u/jforest1 and u/JustAnuthaLooser
  23. Fidelity 🇺🇲 GUIDE $0 fee
  24. FirsTrade 🇺🇲 GUIDE $215 Fee. Thanks u/tubaman23
  25. Flatex 🇩🇪 🇦🇹 GUIDE €80/hour fee. Thanks u/Critical-Turnover858
  26. Flink 🇲🇽 GUIDE $130 fee. Thanks u/tiacuache_bebe
  27. Halifax 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
  28. Hatch 🇳🇿 GUIDE NZ$130 fee. Thanks u/HatchInvestTeam
  29. HSBC UK 🇬🇧 GUIDE £55 fee. Thanks u/Sgt_Bizkit
  30. IBKR/Interactive Brokers 🌎 GUIDE $5 fee. Guida italiana
  31. IG Australia 🇦🇺 🇿🇦 GUIDE $50AU fee. Thanks u/FriskyGrub
  32. IG UK 🇬🇧 GUIDE $0 fee. Thanks u/Similar-Musician
  33. iWeb 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
  34. Lloyds 🇬🇧 GUIDE $0 fee. Thanks u/Rat-Soup-Eating-MF
  35. Lynx 🇨🇿 🇩🇪 🇳🇱 🇸🇰 GUIDE $5 fee
  36. M1 Finance 🇺🇲 GUIDE $215 fee
  37. Merril Edge 🇺🇲 GUIDE $25 fee. Thanks u/Strooticus
  38. MeXeM 🇳🇱 🇪🇺 GUIDE $5 fee. Thanks u/patrickvl
  39. Nabtrade 🇦🇺 GUIDE $0 fee
  40. National Bank 🇨🇦 GUIDE US$150 fee
  41. Passfolio 🇧🇷 GUIDE $130 US fee
  42. PostFinance 🇨🇭 GUIDE $200 fee
  43. Public.com 🇺🇲 GUIDE $100 fee. Thanks u/Spelunkingpunk
  44. QTrade 🇨🇦 GUIDE $300 fee. Thanks u/Toxsic99
  45. Questrade 🇨🇦 GUIDE $300 fee
  46. Rabo Bank 🇳🇱 GUIDE €55 fee
  47. Raiffeisen 🇨🇭 GUIDE YOU NEED A CS ACCOUNT NUMBER. 86.14CHF fee (inc. VAT). Thanks u/unasinni
  48. RBC 🇨🇦 GUIDE $50 fee
  49. Revolut 🇪🇺 GUIDE $0 fee. Thanks u/bennysphere and u/AbuseUDna
  50. Saxo trader 🌎 GUIDE $1000 fee. It's €25 to transfer to another broker
  51. Scalable Capital 🇪🇺 GUIDE $5 fee
  52. Scotia iTrade 🇨🇦 GUIDE $100 fee
  53. Seibert 🇺🇲 GUIDE $0 fee
  54. SOFi 🇺🇲 GUIDE $100 fee
  55. Stake 🇦🇺 GUIDE $200 fee
  56. Stockal 🇮🇳 GUIDE $0 or $130 fee
  57. SuperHero 🇦🇺 GUIDE $115 fee. Thanks u/unas_tsoftg
  58. Swissquote 🇨🇭 GUIDE $200 fee
  59. T. Rowe Price 🇺🇲 GUIDE $15 fee
  60. TastyWorks 🇺🇲 GUIDE $115 fee
  61. TD Ameritrade 🇺🇲 GUIDE $0 fee
  62. TD Canadatrust 🇨🇦 GUIDE $80 fee
  63. TIAA Brokerage 🇺🇲 GUIDE $30 fee. Thanks u/daa4th
  64. TradeStation 🌏 GUIDE $25 fee. Thanks u/HelloYouBeautiful
  65. TradeZero 🇺🇲 GUIDE $250 fee
  66. UBS 🌏 GUIDE $0 fee
  67. US Bank 🇺🇲 GUIDE $0 fee. Thanks u/AccidentallySnide
  68. Vanguard 🇺🇲 GUIDE $0 fee
  69. WealthSimple 🇨🇦 GUIDE $304 fee
  70. Webull 🇺🇲 GUIDE $115 fee
  71. Wells Fargo 🇺🇲 GUIDE $0 fee
  72. Westpac 🇦🇺 GUIDE $10 fee
  73. XTB 🌏 GUIDE $25 USD fee

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NOT YET POSSIBLE

^((Apes coming for you))

DUE TO KOREAN LAW NO KOREAN BROKERS CAN DRS TRANSFER.

  1. 1822direkt 🇩🇪 NO DRS, but can transfer out
  2. ABN AMRO 🇳🇱 NO DRS, but can transfer out. €30 fee
  3. AJ Bell 🇬🇧 GUIDE £0 fee. There is a way out
  4. ANZ 🇦🇺 NO DRS, but can transfer out. $100 fee
  5. Belfius 🇧🇪 NO DRS, but can transfer out
  6. BNP PARIBAS 🇫🇷 NO DRS, but can transfer out. €100 fee
  7. Bolero 🇪🇺 GUIDE There is a way out. €50 fee. Thanks u/Anth_o_ny
  8. Capital.com 🌎 GUIDE Capital do not do transfers, but there is a way out
  9. CMC Markets 🇦🇺 GUIDE AU$100 fee. There is a way out
  10. Comdirect 🇩🇪 GUIDE There is a way out. €25 fee
  11. Commerzbank 🇩🇪 GUIDE There is a way out. €150 fee
  12. Consors Bank 🇩🇪 GUIDE There is a way out. €30-€45 fee
  13. DeGiro 🇪🇺 GUIDE There is a way out. Thanks u/Working-Yesterday243 and u/Quetzacoal. €56 fee. Guia en español
  14. Eerste Bank 🇦🇹 🇪🇺 NO DRS, but can transfer out. €49,75 fee
  15. Etoro 🌏 GUIDE Etoro do not do transfers, but there is a way out
  16. Exante 🇲🇹 🇨🇾 🇪🇺 GUIDE There is a way out
  17. Fineco 🇮🇹 🇪🇺 GUIDE There is a way out
  18. Freetrade 🇬🇧 GUIDE Freetrade can transfer US stocks in, but do not allow transfers out. But there is a way out
  19. Futubull 🇭🇰 GUIDE There is a way out. Thanks u/ggame0598
  20. GBM 🇺🇲 🇲🇽 GUIDE There is a way out
  21. Gotrade 🇺🇲 GUIDE Gotrade do not do transfers, but there is a way out
  22. Hargreaves Lansdowne 🇬🇧 GUIDE There is a way out. Thanks u/Maleficent-Rub-4805
  23. HSBC 🌏 GUIDE There is a way out. Thank you u/ggame0598 for this info
  24. INDMoney 🇮🇳 NO DRS, but can transfer out. Thanks u/vlskh
  25. ING 🇳🇱 🇪🇺 GUIDE There is a way out
  26. Interactive Investor 🇪🇺 GUIDE There is a way out
  27. Keytrade 🇧🇪 GUIDE There is a way out
  28. moomoo 🇸🇬 NO DRS, but can transfer out
  29. Ninety Nine 🇪🇸 NO DRS, but can transfer out
  30. Nordnet 🇸🇪 GUIDE There is a way out. 500NOK/€50 fee
  31. OnVista 🇩🇪 NO DRS, but can transfer out. Check this reply an ape recieved
  32. OpenBank 🇪🇸 NO DRS, but can transfer out
  33. Philips Securities (POEMS) 🇸🇬 GUIDE SG$53.50 + US$50 fee. There is a way out
  34. Postbank 🇩🇪 GUIDE There is a way out. €0 fee. Thanks u/FrankiHollywood
  35. Rakuten Securities 🇯🇵 NO DRS, but can transfer out
  36. Renta4 🇨🇱 NO DRS, but can transfer out
  37. SelfWealth 🇦🇺 GUIDE There is a way out. $110 fee
  38. Sharesies 🇳🇿 GUIDE Sharesies do not do transfers, but there is a way out
  39. SmartBroker 🇩🇪 NO DRS, but can transfer out
  40. SoFi HK 🇭🇰 GUIDE There is a way out
  41. St. George 🇦🇺 GUIDE AU$100 fee. There is a way out
  42. Stash 🇺🇲 NO DRS, but can transfer out
  43. T212 🇪🇺 GUIDE T212 do not do transfers, but there is a way out
  44. Tiger Broker 🌎 GUIDE There is a way out. $150 fee
  45. Trade Republic 🇪🇺 GUIDE There is a way out
  46. Vested 🇮🇳 NO DRS, but can transfer out. Thanks u/vlskh

__________________________________

UNKNOWN

  1. Acorn 🇬🇧
  2. Dad.at 🇦🇹
  3. Intesa Bank 🇮🇹
  4. JustTrade 🇩🇪
  5. Kreissparkasse 🇩🇪
  6. LPL Financial 🇺🇲
  7. mBank 🇵🇱
  8. Morgan stanley 🇺🇲
  9. Voya 🇺🇲
  10. X-O (JarvisIM) 🇬🇧

__________________________________

AUSSIE SUPERANNUATIONS

Check the post by u/thomascullenok. It provides a step by step guide on how you can use your Superannuation to buy and DRS GME shares.

US LLCs

Check u/marco_esquandolass's post in the DD sub about how they're creating liability protection for themselves by DRSing with a LLC in their name.

See how u/lalich is using Madison Trust to open an LLC account in their own name.

US IRAs

Can I DRS with an IRA Account? Yes, you can either move the shares from the IRA into a regular cash account (causing a taxable event), or go to a non-broker custodian and DRS with them. You must have a 3rd party IRA custodian for all IRA accounts. Computershare does not offer custodian services for GME shares.

Will DRSing my IRA create a taxable event? It will not as long as you are transfering to an in kind account (from IRA to IRA). Or if you bought your shares with your ROTH IRA contributions, you can withdraw the contribution at any time. It's only the earnings on the contribution that is subject to early-withdrawal tax penalty. You can also use the Roth rollover solution (links below). Please note that transferred shares from the Roth IRA will receive a new cost basis (based on market close) and the holding period will reset (the timer for long term capital gains starts over). According to Fidelity this is IRS law. (Thank you u/boskle!) Calculate how much tax you'd need to pay with this IRS tax calculator.

Are DRS'd IRA shares removed from the DTCC? The shares are removed from the DTCC, but the bank/custodian still has control over the shares. Because of this some apes have taken the tax hit.

Which IRA Provider can I DRS with and how? It seems like a local credit union or any non-broker custodian is your best bet. (list of reputable custodians here):

  1. Traditional/Roth IRA Rollover Solution Follow u/Existing-Reference53's guide in 2 parts Part 1 Part 2
  2. Mainstar follow u/winebutch's guide here
  3. IRA Finanical Trust
  4. Horizon Trust They use a tiered fee schedule based on account value, so it can get pricey
  5. Millennium Trust Check u/TheFrenchestToast's post in the Jungle about them
  6. Camaplan which might be a bit more costly
  7. Pacific Premier Trust check this post for the 3 way call solution
  8. Madison Trust See above where u/lalich opened a LLC IRA to keep the shares in their own name

According to u/6t8fbird's post: An EIN is required for transferring your IRA shares to Computershare. This makes you the custodian of your IRA.

Posted Sep 16, 2021, 11:12 AM UTC · edited

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