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Written by Cari Scribner on August 20, 2023
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How To Transfer From Robinhood To E*TRADE 2023

Robinhood is a popular commission-free brokerage platform which is one of the most beginner friendly investing apps out there.

However, if you're looking to switch things up, here's how to transfer your assets from Robinhood to E*TRADE.

Any full shares in your Robinhood account can be transferred to E*TRADE.

If you have any fractional shares during a full account transfer, they will be sold, and the resulting funds will be transferred to the other brokerage as cash.

Cryptocurrency held within Robinhood cannot be transferred. It will be sold, and the cash balance will transfer.

$100 Transfer Fee

When you transfer stocks or cash from Robinhood to an outside brokerage such as E*TRADE, Robinhood will charge you a $100 fee (whether you are doing a full or partial transfer of your account).

This will be debited from your Robinhood account’s available cash balance.

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1. Gather Robinhood Account Info

There is some information needed from Robinhood as well. The most crucial is your account number at Robinhood.  

You can find this information in your Robinhood mobile app:

  1. Tap the Account icon in the bottom right corner
  2. Tap Investing
  3. Your account number will be at the top of your screen

2. Initiate The Transfer

The first step is to open an E*TRADE account if you don’t already have one. Then, log on with your user ID and password.

There’s a simple Transfer An Account Feature for the quickest way. It will guide you step-by-step through the process and ask you for your Robinhood account number.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Cari Scribner

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
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M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
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Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
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Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

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