Transfer securities out of Frec

To transfer securities out of Frec, contact the external brokerage firm you want to transfer to and submit a transfer request with them. Our DTC code is 0158. If Frec isn't listed as an option to transfer from, select Apex Clearing instead.

Frec charges a $75 fee for any outgoing ACATS transfer. The $75 fee is deducted from your cash balance. If you don't have sufficient cash available, the transfer may be rejected by our clearing firm.

If you're making a partial transfer and do not have sufficient cash, the fee may be charged on your Portfolio line of credit (PLOC).

Learn more about ACATS transfers.