Skip to content
We may earn a commission from links on this site. Trading involves substantial risk of loss — content is educational, not financial advice.

What is an ACAT transfer between brokers?

An ACAT (Automated Customer Account Transfer) is the standard process for moving securities from one brokerage to another. You initiate the transfer at the receiving broker by providing your old account number and broker information. Most transfers complete in 3–6 business days. Positions are typically moved in-kind (you keep your shares) without needing to sell and rebuy, avoiding a taxable event.