How to transfer stocks from Robinhood to other brokers

Need to transfer your stocks out of Robinhood? Here's what you need to know.


With Robinhood now limiting some of the stocks that users can buy, you might find yourself looking for a way to transfer your stocks out of your Robinhood account. The process isn’t all that difficult, but there are some things you’ll want to be aware of. We’ve broken down all the details below, so let’s dive in.

How to transfer stocks from Robinhood to other brokers

As of the time of writing this, Robinhood has removed user’s ability to purchase certain stocks at the moment, including GameStop (GME) and AMC (AMC). This has led to an influx of users looking to move online brokers, which means getting their stock out of Robinhood’s hands. Thankfully you don’t have to sell it all off. Instead, you can transfer it to another broker, though there is a cost.

  • All outbound transfers cost $75 to complete.
  • Robinhood supports both partial and full outbound transfers.
  • Transferring all of your stock out of your Robinhood account will result in the broker closing your account completely.
  • If you have any negative balances or account restrictions prior to the transfer request, your transfer could be delayed.

Now that you know the costs, it is time to talk about the process. Users who want to transfer all of their stocks out of Robinhood will need to initiate the transfer by contacting their other broker. In order to transfer stocks from Robinhood, you must initiate an Automated Customer Account Transfer Service (ACATS) transfer. Robinhood states on its website that users should not “request stock delivery using any method other than ACATS, including DTC and transfer agent transfers”.

how to transfer stocks out of robinhood
Users looking to transfer stocks out of Robinhood will need to initiate the transfer with their other broker.

Completing a transfer may also require you to give the receiving broker your Robinhood Securities (RHS) account number, which can be found by tapping the account icon in the bottom right corner of the application and then tapping Investing. From here you should be able to see your RHS number at the top of the screen.

If you need to reference a DTC number for your transfer, then Robinhood’s DTC number is 6769.

Other things worth noting here are the fact that initiating a transfer will restrict your account to ensure it is processed without issue. You won’t be able to make any trades on the assets that you’re transferring until the process is complete. If you’re only transferring a partial amount of your stocks, then only the assets being transferred will be restricted from trading.

With that, you should now know how to transfer stocks from Robinhood to other brokers. For more stock help or information, head over to our game trader page. You can also check out our guide on where to buy GameStop (GME) stock if you’re trying to get in on the current market movements (these movements may have changed since the publishing of this article, and we will update when we know more).

Guides Editor

Joshua holds a Bachelor of Fine Arts in Creative Writing and has been exploring the world of video games for as long as he can remember. He enjoys everything from large-scale RPGs to small, bite-size indie gems and everything in between.

From The Chatty
  • reply
    January 28, 2021 11:25 AM

    Josh Hawkins posted a new article, How to transfer stocks from Robinhood to other brokers

    • reply
      January 28, 2021 11:42 AM

      Thanks Stonknews!

    • reply
      January 28, 2021 1:26 PM

      thank you very much for this article Josh!

      Quick question - is the $75 charge to move per holding? or per move transaction?

      for example, if I want to transfer 4 stocks at once, is that $300 or $75?

      • reply
        January 28, 2021 2:35 PM

        Everything I read about it on their site points to $75 for the WHOLE transaction. They aren't super clear on that, though.

        • reply
          January 28, 2021 2:43 PM

          I believe this is right, just need to double-check that all your holdings are traded at the broker you are trying to transfer to or the whole transaction gets cancelled.

          • reply
            January 28, 2021 4:35 PM

            thanks! pretty sure all my holdings are available, but will double check

        • reply
          January 28, 2021 4:37 PM

          thanks for checking; definitely wish it was clearer!

    • reply
      January 28, 2021 1:41 PM

      Good article

    • reply
      January 28, 2021 3:00 PM

      Nice thanks, now I just have to see which one I should switch to.

      • reply
        January 28, 2021 5:31 PM

        Would be a good follow up or a good cortex article from one of the more knowledgeable shackers.

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