We accept instrument transfers from Scalable Capital. You'll need to complete the correct form from Scalable Capital to initiate the transfer. Note that the process described below is accurate at time of publication - while we do our best to keep this guide updated, the exact steps may vary. You'll need to complete this process once for each instrument you wish to transfer.
First, make sure you have initiated the transfer request in our app to ensure we can accept your holdings.
Before completing the form, please note that:
- Tax data from other brokerages cannot be transferred to Lightyear so please make a note of your cost basis before transferring.
- Even if you do not see the securities in your Scalable Capital account, this does not automatically imply that the securities have been received by Lightyear. Lightyear will show the securities in your account as soon as they’ve been received by us.
1. Complete the Scalable Capital investment transfer form
You can access the form here. You'll need to provide a few details about your Lightyear account, along with a list of the securities you wish to transfer from Scalable Capital. For each, you'll need to provide:
- Number of Units (whole amounts only)
- ISIN
- Name of Security
2. Sign the form and return to Scalable Capital
3. Sit back & let us take care of the rest
After you submit the form, Scalable Capital will coordinate the next steps with us.
Once your stock transfer is finished, you will receive a celebratory push notification from us.
Your shares will now be available for you to trade within the Lightyear app!
If you had any issues following this guide please do let us know below.