How can I sell my stocks through a different broker than I bought them from?

H2Oskier: How can I sell my stocks through a different broker than I bought them from?
I started buying stocks through my banks brokerage service not long ago, but the introductory rates jumped to $ 11.95/trade. Can I sell my stocks using someone else, or does my bank have control?

Answers and Views:

Answer by v b
Find a new broker and then transfer all stocks “in kind” to the new broker. Then sell.

Answer by billhead1guitarfx
Ask your new broker of choice to perform an ACAT (automated customer account transfer) after you have opened a new account. They will perform a wire transfer of the funds in your existing account(s) to the new account(s) you opened and notify you when all transactions are completed. It usually takes 5-7 business days and maybe up to 10 before you can begin trading from the new account(s). A good brokerage will do all the heavy lifting. Just contact customer service at the new brokerage and let them know your intentions. They will supply the necessary forms for you to complete so they can establish the new account(s) and furnish copies to your current broker to authorize the funds transfer. Shop for low transaction costs/share instead of a fixed cost per trade if you plan to trade frequently. You can find a cost comparison on some sites for stocks, options, mutual funds, etc., such as the Interactive Brokers website. From my experience, Think or Swim is hands-down best for options while Interactive Brokers has the lowest cost per share for stock trades.

Answer by D
you can transfer shares but they may charge a transfer fee which is more then the trade price

Answer by Max M
First, sign with a new broker. Then transfer the funds to the new broker. The broker will then contact the SEC to confirm it. Then you can sell the stocks.