Direct Register Shares from SoFi HK

Updated: Nov 3

SoFi HK does not direct register shares, so you need to transfer your shares to another broker that can DRS transfer. A popular route has been through Interactive Brokers (IBKR).


SoFi charge a $150 fee to transfer to another broker. That means each time you transfer to another broker, no matter how many shares, you are charged $150.


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 Sofi HK to IBKR with a Basic FOP Transfer, then from Interactive Brokers (IBKR) to Computershare via DRS transfer for a $5(US) fee.

How to Transfer:

Once your shares and $150 are settled in SOFI HK:

  • You need to contact the Live Chat Support and ask for an « Outbound FOP Transfer ». They send all the information needed, and a form attached for you to complete:

  • Fill the ”Stock Instruction Form” with the following information:

  • Your Account Name and Account Number.

  • Check the box next to Stock Transfer, and jump to section C.

  • Firm Name : INTERACTIVE BROKERS.

  • ID : N/A.

  • Contact Person Name: assettransferservice@interactivebrokers.com.

  • Contact Person Phone : N/A (Or put IBKR's HK customer care number : +852-2456-7907).

  • Account Name : Your Interactive Brokers account Name.

  • Account Number : Your Interactive Brokers account number.

  • Settlement date (format DD/MM/YYYY).

  • Stock Code / Stock Name / Quantity:

  • US36467W1099 / GME /

  • Download, print, fill, scan and attach the form to your transfer request.

  • On the same day, 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 SOFI SECURITIES (HONG KONG) LIMITED on the drop down list.

  • For “Your Account Number at the Financial Institution" put your Sofi HK account number.

  • For “Name of Account Holder at Financial Institution“ put your full name as defined on your Sofi HK account.

  • Select the Account type (most likely individual).

  • Select the country of the Financial Institution where you access SoFi HK from.

  • For the contact email put clients@Sofi.hk.

  • 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.

  • Click on “Continue”.

The transfer should be processed within 3 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).

70 views

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