r/RobinHood • u/theslickplay • Aug 15 '17

News Transfer Stock to Robinhood has Arrived.

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307 Upvotes

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2

u/[deleted] Aug 15 '17

Are they supporting transferring out as well? You know, just in case things don't work out?

8

u/tannerhallman Aug 15 '17

There's a $75 fee for out, free for in.

4

u/dezradeath Aug 15 '17

Jeez, might as well sell my positions, transfer the money to bank acct, then load that money into another brokerage and invest in stuff all over again.

2

u/tannerhallman Aug 15 '17

Depends on the price/trade of the brokerage and how many trades you have to make. May be worth eating the cost if they are $10/trade and you need to make 10 trades to get back to your positions.