Trade Republic does not allow you to move countries at this time, for example. They also don’t operate in Canada, so you will need to switch your stocks, ETFs, etc. over. If you don’t do this then they will basically boot you out of the app leaving you with not a lot of options, so you should transfer before you leave.

I chose and recommend to transfer with Interactive Brokers, as they have international accounts (check if your country has it).

It was a bit of a process, but I saved hundreds of dollars from doing a regular international transfer.

If you have stock outside of Canada and need to move it to Canada

You can’t transfer to Wealthsimple but you can with Interactive Brokers LLC.

https://www.interactivebrokers.com/en/home.php

The process for moving:

1. Create a IBKR account
2. Transfer money from Trade Republic
3. Create a Canadian IBKR account
4. Transfer to the Canadian IBKR account

I created an account and filled out everything and sent a message to ask how to transfer securities (stock) from Trade Republic. This is what they responded, this should apply to transferring from other brokerages also. I followed these instructions, and there were a lot of buttons to press but it ended up pretty smooth:

Thank you for contacting IBKR clients service.

You account entity is IBKR Europe (IB-IE) as your legal residence is in Germany.

In order to request a transfer, you must select 'All Other regions' you don't need to transfer your account to any other entity as the latter is defined according to your legal residence.

Please follow the steps below in order to transfer positions from Trade Republic to IBKR:

1. Log in to Client Portal

2. Select the Transfer & Pay menu followed by Transfer Positions

3. Select Incoming