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Direct Register Shares from Nordnet

Updated: Jan 18

Nordnet does not direct register shares, so you need to transfer your shares to another broker that can DRS transfer.

Nordnet will only allow transfers from ASKs. Shares in IKZs cannot be transferred.

Nordnet charges a €50 fee for each Basic FOP Transfer. This means each time you want to transfer a specific stock (no matter how many shares) you are charged €50. You will need to make sure you have €50 settled in your account before you can transfer. A popular route has been through Interactive Brokers (IBKR).

The quickest way is to open an Interactive Broker account, buy a share, and request a DRS transfer (link to guide here). While you wait for your Computershare account to be created, you can transfer your shares from Nordnet to IBKR with a Basic FOP Transfer (€50 fee), then from IBKR to Computershare via DRS transfer for a $5(US) fee.

How to Transfer:

  • Once your shares and €50 are settled in Nordnet, you need to make a Letter of Instruction with IBKR.

  • Login in your IBKR account, and click on “Transfer & Pay” from the top menu and select “Transfer Positions”.

  • On the next page select “Incoming”.

  • On the next page select “All Other Regions” from the drop down menu.

  • On the next page select “Basic FOP Transfer".

  • Select "NORDNET" on the drop down list.

  • For “Your Account Number at the Financial Institution“ put your Nordnet account number.

  • For “Name of Account Holder at Financial Institution", put your full name as defined on your Nordnet account.

  • Select the Account type (most likely individual).

  • Select your country.

  • You have to add the asset you want to transfer, click on “Add Asset".

  • On the next page search which stock you'd like to transfer (GME), click on “Search".

  • On the next page, click on the row “GAMESTOP CORP-CLASS A / NYSE".

  • On the next page, define how many shares you'd like to transfer and click on “Save and Finish".

  • On the next page you'll see a summary of the transfer. Write in your name as it shows on the page and click on “Continue”.

  • Interactive Brokers will then generate a Letter of Instruction for you.

  • Click on “View Form”, then click on “Print”.

  • Print, sign, and scan the form back in (or take a photo of it).

  • Once the Letter of Instruction is signed and scanned in, log into Nordnet and start a new message.

  • In the message write "Please see the attached Letter of Instruction as authorization for my request to transfer the securities held in my Nordnet account to my Interactive Brokers account".

  • Click on "Send".

The transfer should be processed within 3-5 business days. You will receive an email confirming that the transfer was successfully performed.

After your shares reach IBKR:

Now you are able to request the DRS transfer from IBKR to Computershare. To do this you can follow our guide on how to DRS transfer from IBKR (link to guide here).



If you have any corrections, or know of any other brokers, please let us know through the feedback page!

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