---
title: Transfer From Another Broker
group: Account & Security
subtitle: Move your existing portfolio from another broker to Light Horse for free.
description: Initiate an inbound ACAT transfer to move your stocks, ETFs, and cash from another broker to Light Horse without selling your positions first.
---

## What Is an ACAT Transfer?

An **ACAT (Automated Customer Account Transfer)** lets you transfer your stocks, ETFs, and cash from your current broker to Light Horse without selling your positions first. Your investments stay invested throughout the transfer.

## Inbound ACAT Is Free

Light Horse charges **$0** for incoming ACAT transfers. Your outgoing broker may charge a fee on their end — check with them first.

## How to Initiate the Transfer

1. Open your Light Horse account (you must have an approved, funded account)
2. Contact **Light Horse support** to initiate the transfer
3. Provide:
   - Your **current broker's name**
   - Your **account number** at the current broker
   - The type of transfer: **full transfer** (all assets) or **partial transfer** (specific positions)
4. Light Horse will coordinate with your current broker via the DTCC ACAT system

## Timeline

The ACAT process typically takes **5–7 business days** from initiation to completion. During the transfer, you may not be able to trade the positions being moved.

## What Transfers

- U.S.-listed stocks and ETFs held at the delivering broker
- Cash balances

**What doesn't transfer:**

- Mutual funds not held at the delivering DTC participant
- Options positions (must be closed before transfer)
- Margin balances (must be paid down before transfer)