Transfer Your Taxable Account to Composer
If you have a brokerage account at another firm, you can use the Automated Customer Account Transfer Service (ACATS) system to transfer it to Composer. Doing so allows you to move full shares of your assets without the need for liquidation.
Initiate a Transfer
- Go to your Profile Picture in the top right
- Select Account & Funding
- Under Manage Accounts, select the arrow next to your account and choose Transfer your Brokerage Account.
Alpaca Accounts
If your Composer account is held with our clearing firm, Alpaca, you will not have the option to submit your transfer request from the app or website. You’ll need to reach out to our support team directly for assistance with transferring your account.
Transfer Fee Reimbursement
When you transfer your account, your other brokerage firm may charge you an outgoing transfer fee. Composer will issue a credit to reimburse you for the fee (up to $125) for any account transfer valued at $3,000 or more.
Please contact our team at help@composer.trade for any questions, and we can assist you.