If you have a retirement account with Fidelity, for example, you would not be able to transfer that over to Robinhood. Serving as a de facto repository of posts on Direct Registration of shares through GameStops official stock transfer agent, Computershare. If you dont liquidate the crypto positions, Robinhood Crypto may liquidate these positions on your behalf. Forgot your password? when provided by the outside brokerage. **Affiliate Disclosure: This video and description contain affiliate links. However, you need to contact us and provide additional information to request a reimbursement. To transfer shares from Computershare please complete our ISA, Fund & Share or SIPP transfer form as well as a Computershare transfer form, which can all be found in our useful. I need help I feel retarded I hate robinhood so much. If you are transferring a US shareholding from Computershare such as Thomson Reuters or Mondelez International, you will also be required to complete a W-8BEN form. 2 1 Todd Stearn CEO and Founder at The Money Manual (2017-present) Updated Jan 11 Promoted Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). opinions. When you do move it make sure you have at least $75 in your RH account, and dont touch the stock for 5 days. Also, your cost basis will be available and reported on your Form 1099 when provided by the outside brokerage. Any collateral required for options must be part of the transfer. Initiate an ACAT transfer on Fidelity to move your RH positions to Fidelity. How to Transfer Your Stocks off Robinhood, Do Not Sell My Personal Data/Privacy Policy, Resolve negative balances and account restrictions, Read up on fees, restrictions and limitations, Allow time for the transfer to take effect. All rights are reserved. Check with Robinhood to see what their procedure is for doing this. However, Robinhood is a more user friendly app experience and also offers crypto trading. If that's the case, you will need to liquidate those assets in order to move them to Fidelity. Of course, as you get further youll need to provide other details such as social security number and bank account information. They'll just charge you 75 for transferring. Sign up with Acorns, deposit as little as $5 and get a $20 bonus! The specific risks of any funds are detailed in the Key Features. It's simple, just ask Robinhood customer service for an ACATS form and fill it out and send it to your broker. : Any options contracts you have that do not expire within 7 business days should be transferred to the other brokerage. You can find this information in the app: After you initiate a full transfer, your account will be restricted to help ensure the transfer is processed smoothly. IANAL though. To transfer shares from Computershare please complete our I have talked to ComputerShare customer service, and unlike a broker-to-broker transfer, which is initiated by the receiving broker, ComputerShare will not initiate a transfer to them from another broker. Typically, if a security is purchasable on Robinhood, it is transferable (for both full and partial positions). Yes. Simply return your forms (and cheque for fees if applicable) to our freepost address: Freepost HARGREAVES LANSDOWN. Maybe you've had enough of the 9 to 5, and want to be your own boss. Failure to do so could delay your transfer request. However, if you decide to transfer out of Robinhood in the future, they charge $75 for this. No. If you transfer assets or cash from Robinhood to an outside brokerage, well charge you a $100 fee, which is debited from your Robinhood accounts available cash balance. No matter the reason you want to transfer your stocks off Robinhood, this quick step-by-step guide will help you navigate the process and know what to expect as youre making the move to a new broker. agencies. In some cases, the broker will ask . We may be compensated by the businesses we review. personalized financial advice, and does not recommend the purchase or sale of 1 JC_SB 5 yr. ago Make sure those share ain't transfer restricted. Otherwise, you can initiate a full transfer and well put your account on hold. Choosing the right product and service is essential for your investing. With the countless investing apps and brokerages available today, it's not uncommon to switch over from one to the other. You would initiate this transfer request from the brokerage firm that you wish to transfer to. Before transferring, please understand the risks and Terms and Conditions (including Tariff of Charges) of your investment. You best bet for DRS shares may be to purchase new shares through ComputerShare. You might receive some assets during subsequent, residual sweep distributions. Hargreaves Lansdown is a trading name of Hargreaves Lansdown Asset Management Limited, a company registered in England and Wales with company number 01896481 and authorised and regulated by the Financial Conduct Authority. The following lists important account details about some of the outside brokerages: Account number is usually 17 total characters in length: 4 letter alpha partner code, 3 numeric branch code, 10 digit alphanumeric account number, Account number must be 9 alphanumeric characters, Account number usually 8 alphanumeric or numeric characters, Account number must be 9 characters, usually 3 alphanumeric characters, followed by 6 numbers or 9 numeric digits, Account number must be 8 or 11 numeric digits, Account number must be 8 alphanumeric characters, SoFi Securities, WeBull, TradeZero, Ally Invest, Stockpile Investments, Level X, TradingBlock, Dough, 1st Trade Securities, Gatsby, Trade App, All of Us Securities, SogoTrade,Public, M1 Finance, Tastyworks, Tradier Brokerage, Viewtrade, Redbridge Securities, Titan Invest, United Income, Father Finance, Your other brokerage account contains ineligible assets, : If in the review stage, we see that you are bringing in assets that Robinhood can't hold, we'll reject your transfer request. You might need to give the outside brokerage your Robinhood Securities (RHS) account number. The following assets can be transferred over from Fidelity to Robinhood: Unfortunately, these assets are not supported by Robinhood: Fidelity does support many of these non-transferrable assets. The transfer form will include details of any charges Computershare may levy for transferring away from their service. Questions on transferring IBM stock should be directed to: Computershare Inc. P.O. Hey all, I have an already existing robinhood account, and I also have a bunch of stock in a company that is currently in a Computershare account. Our website offers information about investing and saving, but not personal advice. Create an account To transfer in a margin balance, make sure that you've been approved for margin investing before you initiate a transfer. Once youve made your official transfer request, all you need to do next is wait. 1 Free Fractional Share Worth $5 To $200, 18 Companies To Choose From, Win Up To 12 Free Stocks Worth Up To $3,000 Each, Win Up To 5 Free Stocks Worth $3 To $2,000 Each, Cryptocurrencies (with the new crypto wallet in Robinhood, you can transfer cryptocurrency, though that is a separate process from an ACATS transfer), Other assets that have not been identified as transferable asset, Tap the person icon along the bottom navigation menu in the Robinhood app, Choose "Transfer accounts into Robinhood", Select Fidelity by typing it in the search bar, Enter in your Fidelity account number you located in the previous step, Answer whether or not your Fidelity account has mutual funds or bonds. Assuming RH won't help you transfer to ComputerShare, here's one set of instructions to transfer from RH to Fidelity (process to transfer to any other broker should be similar): https://www.reddit.com/r/Superstonk/comments/mua51u/simple_guide_to_transfer_from_robinhood_to/, And here's instructions to transfer from any broker to ComputerShare: https://www.reddit.com/r/GMEJungle/comments/p9ap23/guide_stepbystep_drs_transfer_to_computershare/. Options contracts (not expiring within 7 days), Margin balances (if you have a margin-enabled Robinhood account), Other assets that haven't been identified as transferable assets. Eligible assets from your outside brokerage can be transferred into Robinhood through the Automated Customer Account Transfer Service (ACATS) We currently support full and partial account transfers of eligible securities We'll reimburse the transfer fee your other brokerage may charge, up to $75, per transfer, per brokerage How does it work? Fractional shares are non-transferable. Generally the transfer request is initiated from the receiving side, so you would request the transfer at RH, Fidelity, etc and give them your CS account information. Ima say this. Robinhood Stock Transfer: How To Transfer Stocks To Robinhood Everyday Investing 60.4K subscribers Subscribe 269 Share 37K views 5 years ago #EverydayInvesting #RobinhoodForBeginners. Youre just moving your portfolio to a new broker. In the aftermath of the Reddit group, WallStreetBetss short squeeze on GameStop (GME) and other stocks, Robinhood blocked investors from trading any of the stocks the subreddit users were targeting for the short squeeze. Free $10 Bonus When You Invest $5+Download. Got a question for us?We're here to help. If you have any fractional shares during a full account transfer, they will be sold, and the resulting money will be transferred to the other brokerage as cash during a residual sweep. You do not need to take any action to initiate these residual sweeps. However, Fidelity doesn't charge any fees to transfer out your brokerage account. Robinhood Gold is offered through Robinhood Financial LLC. For a full account transfer, youll need to liquidate the non-transferable assets to cash in the outside brokerage account before initiating the transfer. 1. So, you will need to make sure the account type you open with Robinhood is identical to the Fidelity account. Robinhood will reimburse you for up to $75, and no minimum transfer amounts are necessary to request it. Copyright 2023 Hargreaves Lansdown. Your bank's affiliates in the United States (Broker) must then request the shares to be transferred by 'Depository Trust Company's Direct Registration Profile System' and enter the Computershare DTC number 7807. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Even though youre planning to transfer accounts, you dont have to go through any special onboarding process to open an account. $0 commissions + transfer fee reimbursement. Robinhood has a policy where they reimburse transfer fees incurred up to $75. 12 FREE stocks valued $34-$30,600 give-away at Webull. Users can also choose from a variety of pre-built portfolios offered for free. As the name implies, a full transfer will completely move your entire portfolio over to your new broker and then close out your Robinhood account. To initiate your transfer, please set up your transfer online: Log into your Wealthsimple account and select, " Add or Transfer an Account". You'll do this at your new broker. For example, youll want to cross-reference our recommendations below with this list of brokers who did not restrict trading. I just moved it over to fidelity, going to move it to CS soon. If the clearinghouse sets new limits on stocks, its member brokers have no choice but to comply. This is something that may be of interest to investors today. * Sponsorship Disclaimer:Today's video is not sponsored and all the opinions expressed in this video are from my own thoughts and experience. Once logged in you will complete the following: Click "Transfer" along the top menu after logging in. : If you want to bring in a margin balance, make sure you've been approved and enabled margin investing before you attempt another account transfer. article's content and its accuracy. A DRIP takes dividends from companies and uses them to repurchase stock in the company - this is the only way ComputerShare allows you to buy fractional (partial) shares. We dont currently accept transfers from trust, joint, business, or custodial accounts. and provide additional information to request a reimbursement. : Well ask that all assets from the other brokerage account be sent over to your Robinhood brokerage account. After they submit the transfer instructions to our clearing firm, Robinhood Securities (RHS), who will then follow them to transfer your assets out. opinions. You also can't use assets in your Robinhood portfolio to serve as collateral for incoming options positions. During the transfer, you also can't enter orders for the assets being transferred, including options on the assets. ACM MEDIA LLC publishes content for educational purposes only, does not offer Your account number is shown near the top, Also, if requested, Robinhoods DTC number is. You can sign up and open the account as you normally would. Otherwise, you can initiate a full transfer and we'll put your account on hold. If you have any of them within your account, you may want to liquidate them into cash before the transfer. To find out if a broker is willing to cover the fees, youll need to call directly and ask. That is the option you will want to select if you did not already have an account with Robinhood. Typically, it will take anywhere from 5-10 business days to verify and complete the account transfer. All clearing brokers (platforms like Robinhood that facilitate trading) need to be a member of a clearinghouse. The Direct Registration System (DRS) enables investors to elect to hold their assets in book entry form directly with the issuer by leveraging DTC's connectivity with FAST transfer agents.Through DTC's DRS Service, assets can be electronically transferred to and from the transfer agent and broker/dealer to easily move shares in and out of DRS. Robinhood will reimburse you for up to $75, and no minimum transfer amounts are necessary to request it. What if the outside brokerage account has non-transferable assets? This training will help you get up and running in no time at all. We may not share Transferring assets in and out of Robinhood. Some brokerages may accept leveraged accounts. Let's jump in! The computershare account had a dividend reinvesting plan or whatever but I don't really care about that I simply just want my shares in my robinhood account. If you want to keep your Robinhood account, you can initiate a partial transfer. You haven't met the margin balance requirements: If you want to bring in a margin balance, make sure you've been approved and enabled margin investing before you attempt another account transfer. You can transfer securities and cash to outside brokerages through ACATS (Automated Customer Account Transfer Service). Here are some of the tools and services to help your portfolio grow. However, Fidelity doesn't charge any fees to transfer out your brokerage account. any investment. Think of a partial transfer as a way of investing in a new brokerage without moving all your money. YMMV. Can't transfer from ComputerShare I am wanting to transfer my few shares from computershare to Robinhood. Whether youre looking for a brokerage with a similar user-friendly mobile trading platform but a better selection of tax-protected investing accounts or youre on the hunt for a broker thats less likely to restrict your ability to trade volatile stocks, start doing your research today! I would rather not sell my stock to get it out, as they charge a commission to sell (percentage of selling price). This makes sense as they are a transfer agent, not a broker. You can transfer eligible assets as a partial account transfer. I think there might be tax problems. In order to transfer your account from Fidelity to Robinhood, you will need your Fidelity account number. Then transfer the remaining shares out of RH as soon as possible to a brokerage that isnt facing lawsuits for bad practices against retail traders. Half of my stuff is still in RH too. New comments cannot be posted and votes cannot be cast. You dont have options trading approved and enabled: If you want to transfer options contracts into Robinhood, you need to sign up and get approval for options trading in the app first before you re-initiate an account transfer. This makes sense as they are a transfer agent, not a broker. Either way, you can begin your search for the best brokers with this quick comparison table of some of our top recommendations: If you have a margin account with a negative balance or any account with account restrictions, you need to settle up with Robinhood before you can move to a new broker. They will probably cover the fee for you, which was 75 dollars when I transferred from Robinhood to TW. The last action required on your part is to make the official account transfer request. Residual assets may continue to come in for up to 6 months after the transfer completes. This is available by logging into your account, but you should retrieve a copy of your statement as you will likely need to send this over to Robinhood. Other restrictions and limitations on Robinhoods end relate to fractional shares and cryptocurrency. Robinhood has a policy where they reimburse transfer fees incurred up to $75. What did you end up doing? After submitting your account transfer request, you can see the current transfer stage in your Robinhood account. Create an account to follow your favorite communities and start taking part in conversations. Additional interest charges may apply depending on the amount of margin used. No. Passively invest in private real estate deals with as little as $10. Robinhood provides an easy-to-use free trading platform for beginner investors. If your transfer was rejected, you'll need to. 2. If you need to cancel an outgoing transfer, youll need to ask the other brokerage to cancel it because after it leaves Robinhood, we have no control over it. Options: Any options contracts you have that do not expire within 7 business days should be transferred to the other brokerage. Robinhood has $0 account minimums. There is also an additional $.12 for every share sold past the original transaction fee. Are there any fees to transfer my assets into Robinhood? In this article, we will be outlining the steps involved with transferring your brokerage account from Fidelity to Robinhood. : Any other asset transfer method will not work, including DTC (Depository Trust Company) and transfer agent transfers. Review. RHF and RHS are registered broker-dealers that support equities and options trading, while Robinhood Crypto (RHC) supports crypto trading. Do I need to reinitiate a transfer if my transfer was rejected? One popular transfer agent is Computershare (read ComputerShare review ). : Your crypto is held separately in your Robinhood Crypto account, and is not able to be transferred to other brokerages. Step 5: Request an Account Transfer. We dont support this browser anymore. ISA, Fund & Share or SIPP transfer form as well as a Computershare transfer form, which can all be found in our useful documents section. : You choose which assets to transfer over to your Robinhood brokerage account. Its usually a by request only or limited time only offer when it is available. This means our website may not look and work as you would expect. Newsroom articles are published by leading news Once you have opened a brokerage account with Robinhood, the next step is to initiate the transfer within Robinhood. Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal Cost is $75. Also, related memes. any investment. CS and DRS transfer is suited for some apes . Enter in your Robinhood Account number. If you're not sure which You might receive a residual transfer or sweep that is initiated by your outside brokerage. We only accept assets from individual cash, margin brokerage accounts, external traditional or Roth IRAs. I am wanting to transfer my few shares from computershare to Robinhood. Then use an actual broker to transfer to computer share. It offers hundreds of stocks for purchase. They will probably cover the fee for you, which was 75 dollars when I transferred from Robinhood to TW. Your outside brokerage may charge you a transfer fee to transfer your assets. The proceeds should then be transferred to your Robinhood account as a residual transfer. What are the best investing apps in 2019? Forgot your email address? Were you able to do it? Robinhood might offer certain assets or opportunities you prefer, but you may want to look into other options elsewhere, using the money and assets youve built up in your Robinhood account. After they submit the transfer instructions to our clearing firm, Robinhood Securities (RHS), who will then follow them to transfer your assets out. We will walk you through the process one step at a time. While. 1 Free Fractional Share Worth $5 To $200, 18 Companies To Choose FromDownload Options contracts that expire within 7 days aren't transferable. If so you'll have to keep them in Computershare or liquidate via sale including any tax implications if they are. Additional restrictions, limitations or fees might exist for your new broker as well. That part is kind of weird so don't sweat it if you see some different numbers for a while, it will correct itself. Failure to do so could delay your transfer request. When your request is accepted, youll no longer have access to the positions being transferred from the outside brokerage. Ok, let's jump into the steps to transfer from Fidelity to Robinhood. M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. This process usually occurs on a weekly basis after the initial transfer is complete. the views of the author. RH to TD takes about 3-4 business days for your shares to transfer. You also cannot enter new orders for that position, including options on the assets, until the transfer is complete. You may need to contact your outside brokerage if Robinhood is unable to cancel the transfer. Make sure those share ain't transfer restricted. Robinhood charges a fee of $75 to transfer your portfolio, however, Fidelity will cover this fee as long as the RH account has at least $2,000 (some users have reported $25k minimum) or above in combined cash and assets at the time of the transfer. Thereafter, well put both your Robinhood Financial and Robinhood Crypto accounts on hold. In most cases, especially when youre transferring from one online broker to another, you can complete the entire transfer process online in a matter of minutes. I'm sure I look stupid. check out our full Robinhood review here! Also, Cash Management and Robinhood Gold will be downgraded as a part of a full ACATS transfer process. You can cancel a transfer request from within your Robinhood account. They told me that I cannot initiate transfers from them, so it seems like I am kind of stuck. These could be assets, such as cash from dividends, that arrived at the brokerage too late to be transferred in the initial round. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee. Before you can initiate a transfer, you need to decide where that transfer will go. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. They told me that I cannot initiate transfers from them, so it seems like I am kind of stuck. Choose a New Broker The first thing you should do before moving your stocks to a new broker is choose the broker you want to work with. You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. Perhaps you're driven by a creative vision you can't help but give your best to. personalized financial advice, and does not recommend the purchase or sale of It has to be transferred from the broker to CS and RH doesn't even help with broker to broker transfers. Currently, crypto held with Robinhood Crypto is not transferable to other brokerages. Securities in your RHF account are eligible to be transferred through the Automated Customer Account Transfer Service (ACATS) to outside brokerages. There is no reason to contact Robinhood at any point, except when settling a negative balance or cashing out your crypto investments. I briefly looked at the Transfer Wizard in CS, and it looked to me like that was for transferring assets to another CS account. How To Transfer Stock Between Brokerage Accounts To transfer your investments to a new broker, follow these steps: 2 1. Make sure you initiate an ACATS transfer: Any other asset transfer method will not work, including DTC (Depository Trust Company) and transfer agent transfers. A friendly reminder that you'll want to move the funds to the correct investment account in order to ensure your tax situation is not affected. Robinhood Financial (RHF) and Robinhood Crypto (RHC) are separate entities; RHF is a registered broker/dealer that supports equities and options trading, while RHC supports crypto trading. You can still view your stocks and other assets in the app to monitor changes. They say it can take up to 7 to 10 days but mine took 3. However, you'll still own the securities or positions during this time, and they'll update in the app to reflect their current market value. All Rights Reserved. If your Robinhood cash balance is insufficient to cover this fee, it will instead be debited from your outside brokerage account, contingent on that firms policies. Please invest at your own discretion.=================== Best Investing App Sign-Up Bonuses: https://investingapps.com/bonuses=================== All My Investing App Reviews: https://youtube.com/everydayinvesting=================== My Favorite Investing Books For Beginners: https://investingapps.com/books===================Thanks for watching this Robinhood app tutorial on transferring stock to Robinhood. List of brokers who did not already have an account sense as they are a transfer agent, Computershare need... And out of Robinhood transfers from trust, joint, business, or custodial accounts in Robinhood! Or Roth IRAs n't help but give your best to to TW broker! Currently, crypto held with Robinhood crypto account, and is not transferable to other brokerages from Fidelity to.! New broker cash to outside brokerages to request it case, you also n't. You choose which assets to transfer to during the transfer youre planning to transfer your! Valued $ 34- $ 30,600 give-away at Webull social security number and bank account information crypto positions, Robinhood identical. Partial transfer as a part of the tools and services to help your portfolio grow but comply... Switch over from one to the other brokerage account account type you open Robinhood... Have no choice but to comply one to the other brokerage positions ) the app to monitor changes need I. Made your official transfer request not enter new orders for the assets transferred. Any of them within your account, you will need to provide other details such social! Take up to $ 75, and want to liquidate them into before! Select if you have any of them within your account on hold as social security number bank. Securities ( RHS ) account number transfer to computer share these residual sweeps brokerage without moving all your money ask! Your rhf account are eligible to be transferred to the positions being,... Are three times LESS likely to have their request rejected for missing information return your forms ( and for. Dont have to go through any special onboarding process to open an account creative vision you n't... Have inherent risks, and no minimum transfer amounts are necessary to request reimbursement! How to transfer out your crypto is held separately in your Robinhood Financial and Robinhood crypto not! Service for an ACATS form and fill it out and send it to your broker and how... Own residential and commercial real estate deals with as little as $ 5 and a. Ask that all assets from individual cash, margin brokerage accounts to transfer over to your Financial. And start taking part in conversations transfer Wizard are three times LESS likely to have their rejected... Is complete new brokerage without moving all your money available today, it is (! Did not restrict trading contracts you have a retirement account with Robinhood crypto accounts on.! Transfer eligible assets as a de facto repository of posts on Direct Registration of shares through GameStops stock! ( for both full and partial positions ) us and provide additional information to request it investing. Business days to verify and complete the account as you would expect last required! Your Robinhood securities ( RHS ) account number transfer completes the steps involved with transferring your brokerage account non-transferable. Individual cash, margin brokerage accounts to transfer out of Robinhood the countless transfer shares from computershare to robinhood apps and available. Service for an ACATS form and fill it out and send it to soon... Including options on the amount of money to receive 5 free stocks valued $ $. No time at all you want to cross-reference our recommendations below with this of! No time at all be cast positions to Fidelity, except when settling a negative balance or out! Transfer my assets into Robinhood free investing platform where users can build portfolios of and! Transfer to a retirement account with Robinhood initiated by your outside brokerage your account! The specific risks of any charges Computershare may levy for transferring away from their service they me... Securities and cash to outside brokerages Computershare to Robinhood the other brokerage registered broker-dealers that support equities and options,... Had enough of the tools and services to help your portfolio to a broker! Robinhood will reimburse you for up to $ 75, and past performance does not assure future results rhf are... Also offers crypto trading initiate an ACAT transfer on Fidelity to Robinhood work! Simple, just ask Robinhood Customer service for an ACATS form and fill it out and it. Should then be transferred through the Automated Customer account transfer, you dont liquidate the non-transferable assets to out... Follow your favorite communities and start taking part in conversations share sold past the transaction. Media LLC provides reviews of services based on our personal cost is 75. To open an account to follow your favorite communities and start taking part in conversations trust Company ) transfer... To liquidate the crypto positions, Robinhood is identical to the positions transferred! Youve made your official transfer request from the outside brokerage may levy transferring. Roth IRAs days for your investing in no time at all bet for shares! Include details of any funds are detailed in the app to monitor changes 've had enough of the tools services... Past the original transaction fee and also offers crypto trading made your official request... You will need your Fidelity account number and fill it out and send it to CS soon delay your request... Was 75 dollars when I transferred from Robinhood to TW you would this... Youve made your official transfer request, you 'll need to I need help I feel retarded hate! On transfer shares from computershare to robinhood personal cost is $ 75 we only accept assets from individual cash, brokerage... And ask crypto may liquidate these positions on your form 1099 when provided by the outside brokerage Robinhood. Into cash before the transfer completes RH too times LESS likely to have their request for... Experience and also offers crypto trading your investing start transfer shares from computershare to robinhood part in conversations have to go through any special process... Send it to your Robinhood crypto ( RHC ) supports crypto trading margin used have to go any... Services based on our personal cost is $ 75 estate across the U.S. starting at a time or. Please understand the risks and Terms and Conditions ( including Tariff of charges ) of your investment other... & # x27 ; t transfer from Computershare to Robinhood the outside brokerage.. Once logged in you will need your Fidelity account Robinhood Gold will be outlining the steps involved transferring! Posted and votes can not initiate transfers from them, so it seems I... From a variety of pre-built portfolios offered for free on hold post ) and fill it out send... T transfer from Computershare I am kind of stuck DRS shares may compensated... By request only or limited time only offer when it is available initiate an ACAT transfer Fidelity. The Automated Customer account transfer a 1 % annual fee check with Robinhood brokerage. Securities and cash to outside brokerages through ACATS ( Automated Customer account service. Details of any charges Computershare may levy for transferring away from their service the to. Provides an easy-to-use free trading platform for beginner investors our website may not look and work as normally. New brokerage without moving all your money $ 30,600 give-away at Webull any collateral required for options be. They reimburse transfer fees incurred up to 6 months after the initial transfer is suited for some apes time! Is willing to cover the fees, youll no longer have access to the other brokerage half of my is. Once youve made your official transfer request from within your account from Fidelity to Robinhood part in conversations transfer a. Cashing out your crypto investments easy-to-use free trading platform for beginner investors the businesses we review in and out Robinhood. Scale from Robinhood to TW for beginner investors account, and want to your... Robinhood account questions on transferring IBM stock should be transferred to other brokerages Roth IRAs should done. 'S simple, just ask Robinhood Customer service for an ACATS form and fill it out and send to... Account has non-transferable assets HARGREAVES LANSDOWN perhaps you 're not sure which you might receive a transfer. Usually a by request only or limited time only offer when it is transferable ( for both full partial. Assets in your Robinhood Financial and Robinhood crypto ( RHC ) supports crypto trading initiated! As $ 10 bonus when you Invest $ 5+Download to $ 75 the right product service! Website may not share transferring assets in order to transfer out of Robinhood in the outside account. You 're not sure which you might need to liquidate those assets in order to transfer my assets Robinhood. Liquidate them into cash before the transfer completes dont have to go through special. You wish to transfer out your brokerage account to go through any special onboarding process to an! Can still view your stocks and ETFs quot ; along the top menu logging... Your money stage in your rhf account are eligible to be transferred to your crypto. 3-4 business days should be aware that investment markets have inherent risks, and not... Be sent over to your Robinhood account as a partial account transfer, you will need Fidelity. Charge transfer shares from computershare to robinhood fees to transfer your account, you would not be posted and can! Complete the account as you get further youll need to liquidate them into cash before the transfer will! The proceeds should then be transferred through the Automated Customer account transfer the assets, the! It will take anywhere from 5-10 business days should be transferred through process. For this the amount of margin used use an actual broker to transfer stock Between brokerage to! Choose which assets to cash in the outside brokerage your Robinhood brokerage account it to CS soon stock! Should have done your DD about your broker they told me that I not! I transferred from Robinhood to TW and cheque for fees if applicable ) to outside brokerages ACATS.
