u/rhishili

▲ 11 r/stashinvest+1 crossposts

Stash to tastytrade ACATS transferred fractional shares!!!

I went from Stash to tastytrade (as I'm itching for options, their 3% over 3 years bonus, plus a referral bonus for me and one random Redditor, and $75 reimbursement of ACATS fee when bringing over >$2k) and...

All positions with all their whole and fractional shares got transferred as they were, still are!

I had just $10.11 in cash, so the $100 fee transferred over as -$89.89 i.e. shortfall i.e. margin call, which I got, did not catch, until they sold 2 shares of a $50 ETF. Thought my account was hacked!

PS: I would not recommend tastytrade for a true Stasher who likes things as simple as possible.

DIY stash wherever you're.

reddit.com
u/rhishili — 5 days ago