Transferring Between Portfolios on dub
If you want to switch from one copied portfolio to another on dub, you'll need to sell your current portfolio and then invest in the new one. This is a two-step process:
Step 1: Liquidate Your Current Portfolio
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Access Your Home Page
- Go to your dub Home page
- Find the section labeled "Portfolios I've Copied"
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Select Your Current Portfolio
- Tap on the portfolio you want to switch from
- View the portfolio details
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Sell Your Position
- Tap the "Sell" button
- Choose to sell your entire position or a specific dollar amount
- Review and confirm the sale
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Wait for Settlement
- The proceeds from your sale will appear in your account as cash
- Note that these funds typically take 1-2 trading days to fully settle
- You can use unsettled funds to invest in a new portfolio, but be aware of Good Faith Violation rules
Step 2: Invest in the New Portfolio
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Find the New Portfolio
- Use the search function to find the portfolio you want to copy
- Review the portfolio details, performance history, and any associated fees
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Start the Copy Process
- Tap the "Copy" button
- Enter the amount you want to invest
- Choose between a one-time investment or recurring investment
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Review and Confirm
- Review all details of your investment
- Confirm your order
Transferring from External Brokerage Accounts
ACATS
At this time, dub does not support the Automated Customer Account Transfer Service (ACATS). This means you cannot directly transfer stocks, ETFs, or other securities from another brokerage to dub.
However, dub is actively working on implementing ACATS functionality in the future to make transferring your investments more seamless.
Need Help?
If you have any questions or need assistance during the account opening process, please contact us at support@dubapp.com