Securities transfer (Depotübertrag)
Moving your securities from one brokerage account to another without having to sell them.
In short
As of 8 October 2026A securities transfer moves your securities from one brokerage account to another without selling them. In Germany, your bank may not charge for a full transfer. Purchase data for tax purposes is transferred too. Fractional shares often cannot be moved, and your loss offset pot stays with the old bank.
In a securities transfer, your stocks and ETFs move from one brokerage account to another. You do not sell anything, so no tax on gains is due. Transferring your full holdings is free of charge in Germany. How to choose an account is explained in the chapter opening a brokerage account.
The old bank sends the purchase data to the new one so gains are calculated correctly later. Your loss offset pot does not move with them; for that you need a loss certificate. Fractional shares often cannot be transferred and are sold.
Example: you move 30 ETF units and 12.4 shares to a new broker. The 30 units and 12 shares are transferred, while the 0.4 share is usually sold. It takes a few days to a few weeks.
Related terms
Sources
As of 8 October 2026 · Educational content, not investment or tax advice.