DRS GME from eToro Australia to Computer Share not possible. Any suggestions about the simplest way to achieve DRS from Australia would be most appreciated please.

posted 2 years ago by Aussie_Lurker 2 years ago by Aussie_Lurker +17 / -0

An Ozzie here with a few GME & AMC shares through eToro.

Finally today I tried to get the DRS gig happening with ComputerShare after months of putting it off.

Apparently it's not possible to transfer from eToro.

From their site: "The eToro investment platform is NOT an exchange or a marketplace, and it is therefore not possible to initiate a stock transfer between eToro and a third-party venue (and vice versa). This means that all positions that are opened with eToro must be closed with eToro."

I tried setting up an account with ComputerShare, but cant get past the first registration screen, it wants a Holder Account Number or Social security number (US). Then I tried to buy some more through ComputerShare but have to be a US citizen to set up an account.

Gosh this is sooooo very frustrating. Are there any Ozzies out there who have figured this out. Sell eToro shares & buy shares via their bank, then transfer perhaps? I really have no idea.

I did find on the CS help page the fact that they have raised the estimated proceeds limit for GME to $9,999,999 million via the web as opposed to the limit of $2mil on all other stock, interesting.

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– checkmateanon 2 points 2 years ago +2 / -0

Transfer from e toro to fidelity- then transfer fidelity to computer share

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– Effhypocracy 1 point 2 years ago +1 / -0

This is your answer. Also, I would take richone’s advice and hit up superstonk and gme jungle. 10M is total for sale. Any single unit stock sold has a limit of approx 214K. (As of now). There is lots of DD to catch up on my friend.

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