Seccl Migration Guide

Follow this guide to move smoothly from Alpaca to Seccl.

1. Sell Your US Positions

Open Emma → Invest → Your US portfolio.
Tap a holding → Sell → select amount → Confirm.
All FX fees will be waived between 26th of January and 27th of February
Sale proceeds will appear in your Emma wallet after settlement (T+2 market days).
If you don’t sell by 27th of February 2026, we’ll do this automatically and return the cash to you.

The value of your investments may be affected by market movements between placing a sell order and execution of that order

2. Withdraw or Move Your Funds

Withdraw to your bank: Tap Withdraw → enter amount → Confirm. Funds typically arrive same-day or next working day, but may take up to three days in some circumstances.

3. Open Your New Seccl Account

Go to Emma → Invest → Open Seccl GIA. Follow on-screen steps (you may need to complete ID verification).

All investing carries risk. The value of your investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future returns.

4. Fund Your Seccl Account

You can fund your new account via:

Bank transfer from your linked bank account.
Emma Wallet transfer.
Direct Debit (set up within the app; allow a few days for first collection).

5. Start Investing in GBP Funds and ETFs

Once your account is funded, browse our range of GBP-denominated funds and ETFs. Remember your capital is at risk.

6. If You Take No Action

If you do nothing before the 27th of February: your remaining positions will be sold, proceeds converted to GBP with 0% FX fee, and funds returned to your Emma Wallet. You’ll still be able to view and download your statements.

Whether you choose to sell your positions yourself, or if Emma sells any remaining holdings on your behalf as part of the migration, you may realise a capital gain or loss. Any gains could be subject to Capital Gains Tax depending on your personal circumstances.

7. Corporate Actions During Migration

If a dividend or corporate event affects your holdings, we’ll process it as soon as possible and pay proceeds in cash. We’ll contact you if any late events impact your account.

Dividend payments and corporate action outcomes may have tax implications depending on your personal circumstances.

If There Are Delays or Market Issues

In case of platform outages or high volatility, we may extend deadlines or pause certain steps to protect customers. We’ll always notify you in-app and via email if anything changes.

Updated on: 25/01/2026

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