Saudi Press

Saudi Arabia and the world
Sunday, Aug 24, 2025

How to transfer stocks out of your Robinhood account

How to transfer stocks out of your Robinhood account

See how to transfer stocks, options, and other investments out of your Robinhood account in this guide.

Following a short squeeze prompted by a Reddit forum known as r/WallStreetBets, Robinhood and other brokerages (including TD Ameritrade and Webull) temporarily restricted trades of Gamestop (GME) and AMC Entertainment (AMC) on Thursday.

Robinhood also blocked retail investors from trading several other hot stocks, including BlackBerry (BB), Nokia (NOK), Bed Bath & Beyond (BBBY), Koss Corp. (KOSS), American Airlines (AAL), Tootsie Roll (TR), Trivago (TRVG), and Naked Brand Group (NAKD).

This left many investors unable to buy new shares of stocks that saw dramatic surges in share prices. Though Robinhood has pledged to reopen Gamestop trading, several users are revolting against the app and threatening to file class-action lawsuits.

If you're thinking of transferring your investments elsewhere, keep reading to see how to begin.

How to transfer your stocks out of Robinhood


There's a $75 fee to transfer assets out of Robinhood, and this applies to both partial and full transfers. In other words, you'll have to pay $75 even if you don't move all of your assets out. If, however, you do transfer all of your assets, Robinhood will close your account for you.

Before you get started with the transfer, Robinhood asks you to take care of any account restrictions or negative balances, as this will delay the process. To initiate the transfer, you'll need to call your new brokerage and ask them to provide transfer instructions to Robinhood and its clearing partner.

According to Robinhood's support page, you'll also need make sure the transfer you've initiated is an ACATS (automated customer account transfer service) transfer. This means you can't use any other stock delivery methods — such as transfer agent transfers or check transfers — when moving your stocks.

If the brokerage you're transferring to asks for your Robinhood Securities account number, you can find this information by clicking on the account icon in the bottom right corner of your mobile app, clicking Investing, and then copying the number at the top of the screen.

Will all of your assets survive the transfer?


Robinhood says on its website that all full, settled shares of stocks and ETFs should transfer to your other brokerage. When it comes to fractional shares, though, Robinhood sells them and transfers them as cash during the brokerage change. In addition, if you're a regular options trader, you won't have to worry about any of your options contracts not making the cut.

But for cryptocurrencies, Robinhood says the following:



Another thing to note is that if you're trading on margin and borrowing money to invest, you'll need to ask your other brokerage about its policies regarding margin transfers. And if you decide that you'd like to cancel any outgoing transfers, you can do so by contacting your other brokerage.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
×