Tiger Brokers does not direct register shares, so you need to transfer your shares to another broker that can DRS transfer. Tiger Brokers charges a $150(US) fee for each Basic FOP Transfer. This means each time you want to transfer a specific stock (no matter how many shares) you are charged $150(US). You will need to make sure you have $150(US) settled in your account before you can transfer.
A popular route has been through Interactive Brokers (IBKR). The quickest way is to open an Interactive Broker account, buy a share, and request a DRS transfer (link to guide here).
While you wait for your Computershare account to be created, you can transfer your shares from Tiger Brokers to IBKR with a Basic FOP Transfer for a $150(US) fee, then from IBKR to Computershare via DRS transfer for a $5(US) fee.
How to Transfer:
Once your shares and $150(US) are settled in Tiger Brokers, you need to send an email with a filled out transfer form and screenshot of your IBKR account.
Contact the Tiger Brokers support team by email and request an outgoing transfer to another broker.
They will send you a form to fill out.
Fill the ”Request For Transfer Of Shares In/Out” with the following information:
Account Name : Your name.
NRIC / Passport number: Your Passport number.
Account Number: Your Tiger Brokers Account Number.
Check: TRANSFER OUT.
Counterparty (IBKR): Counterparty Name (Broker/ Bank/ Custodian: INTERACTIVE BROKERS LLC Counterparty.
Contact Person Name: INTERACTIVE BROKERS LLC .
Counterparty Contact Person Email Address: assettransferservice@interactivebrokers.com.
Counterparty Contact Person Tel No.: 1(312)542-6901 Customer.
Account No. in Counterparty: Your Interactive Brokers account number.
Customer Account Name in Counterparty: Your Interactive Brokers account name.
Transfer Type: Check “FOP”.
Value Date: Current Date.
Check: U.S. Market.
Counterparty DTC No.: (IBKRs DTC Number) 0534.
Issuer/Company Name: GameStop Corporation.
Symbol and CUSIP/ISIN: US36467W1099.
Quantity: How many shares you want to transfer.
Print out the form, sign it, and scan it back in.
Send an email to clientservice@tigerbrokers.com.au
For the subject write: “GME Position Transfer”.
For the email write:
“I want an outbound Basic FOP Transfer of my XX GME shares to Interactive Brokers. I accept the transfer fees”.
Attach the screenshot of your IBKR account, and the transfer form.
Hit send.
On the same day, login in your IBKR account, and click on “Transfer & Pay” from the top menu and select “Transfer Positions”.
On the next page select “Incoming”.
On the next page select “All Other Regions” from the drop down menu.
On the next page select “Basic FOP Transfer".
Select TIGER BROKERS on the drop down list.
For “Your Account Number at the Financial Institution“ put your Tiger Brokers account number.
For “Name of Account Holder at Financial Institution“ put your full name as defined on your Tiger Brokers account.
Select the Account type (most likely individual).
Select the country of the Financial Institution where you access Tiger Brokers from).
For the contact email put “clientservice@tigerbrokers.com.au".
You have to add the asset you want to transfer, click on “Add Asset".
On the next page search which stock you'd like to transfer (GME), click on “Search".
On the next page, click on the row “GAMESTOP CORP- CLASS A / NYSE".
On the next page, define how many shares you'd like to transfer and click on “Save and Finish".
On the next page you'll see a summary of the transfer.
Click on “Continue”.
Now IBKR will know to expect your transfer.
The transfer should be processed within 3 business days. You will receive an email confirming that the transfer was successfully performed.
After your shares reach IBKR:
Now you are able to request the DRS transfer from IBKR to Computershare. To do this you can follow our guide on how to DRS transfer from IBKR (link to guide here).