DRS Your GME

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ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

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USA DRS/broker suggestion (lemmy.whynotdrs.org)

submitted 11 months ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

BY FAR, Fidelity is the easiest and fastest broker to use to DRS.

DRS always completed in a few days.
Ability to use online chat for phone phobics and no on-hold time.
Customer service reps are better than other brokers.

How to change from your broker to Fidelity:

Setting up an account with Fidelity is very basic. The key is after you fill in your information, it will ask you how you want to fund your account. Select “transfer from another brokerage”. You will often have all your shares in your Fidelity account the very next day. Whyyy wait weeks and be stressed out with TDA/Schwab and other brokers.

Also, using a broker versus Computershare direct buys gives you full control of your purchase price and don’t ever have or lose fractionals when you convert from plan to book. (https://www.drsgme.org/terminating-from-directstock)

Please help others by spreading the word on other platforms.

🦍💕🦍

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[–] [email protected] 7 points 11 months ago (1 children)

I've never had any issues or delays DRSing from TDA. They have a pdf form I send in through the message portal on their website. A few days later, the transfer is complete with no questions asked.

I briefly tried out Fidelity for a Roth IRA but didn't like the user interface. Think or Swim on TDA seems to have a lot more details/features. Also, I didn't like how Fidelity's app was constantly logging me out. On Think or Swim, I log in once per day which makes it convenient for using my phone as a live ticker viewer on a wireless charger at work.

[–] [email protected] 2 points 11 months ago

Definitely wasn’t my experience with tda. I’m happy for you. I do hate Fidelity logging me out, but Active trader pro doesn’t do that

[–] [email protected] 4 points 11 months ago

I've found Fidelity to be far, far, far easier than TD Ameritrade, for what that's worth.

Definitely recommend Fidelity if someone is going to use a brokerage. Never had a problem with the app or the desktop site and the auto-chat (no dealing with customer service peoples) feature is extremely easy to use.

[–] [email protected] 3 points 11 months ago (1 children)

Limit order from fidelity through IEX and then transfer to computershare after settlement has been my go to.

Usually I request DRS online tool but If I’m off, I like to call in the DRS request to sense if there is any pushback or just to hear them potentially give any pushback - which I haven’t though, plus I like wasting their resources even though incremental .

I’m just sick like that though

[–] [email protected] 3 points 11 months ago

That's exactly how I do it, too!

[–] [email protected] 2 points 11 months ago

Totally depends on the number of shares they report to the DTCC. Fidelity, being the most popular ape brokerage, will likely turn off the ability to DRS well before the peak of the MOASS. Past their public ledger, any additional DRS would require Fidelity to buy at open market (hint: they're not going to do that just so you can keep DRSing)

Hell, even just a DRS value higher than expected on the 6th could break the math in our favor.

Do you really want to be holding brokerage shares on the date synthetics are revealed?