How to Withdraw Money from Robinhood to Another Brokerage
Thinking about switching brokers or moving your funds out of Robinhood? You’re not alone. Many investors ask whether it’s better to withdraw cash or transfer assets—and how long each option takes. This guide breaks it down simply so you can decide the fastest, safest way to move your money.
We’ll cover How to Withdraw Money from Robinhood, How to Transfer Money from Robinhood to Bank, and whether an account transfer (ACATS) makes sense—especially if you’re moving to Fidelity.
Two Ways to Move Money from Robinhood to Another Brokerage
You generally have two options:
Option 1: Withdraw Cash, Then Deposit to the New Broker
This is the most straightforward method.
How it works
Sell assets in Robinhood
Wait for settlement
Send funds to your bank
Deposit cash into the new brokerage
This route relies on How to Transfer Money from Robinhood to Bank and gives you full control over timing.
Option 2: Transfer Assets via ACATS
This moves stocks/ETFs directly—no selling required.
Best for
Long-term investors
Avoiding tax events
Keeping positions intact
If you’re asking Can I Transfer my Robinhood Account to Fidelity, the answer is yes—via ACATS.
Can I Transfer Cash to Another Broker?
Yes. You can move cash by withdrawing it first.
Steps
Complete How to Withdraw Money from Robinhood
Deposit into your new brokerage
This is ideal if you want flexibility or are changing investment strategies. It’s also the easiest way to how to take money out of robinhood without waiting on an asset transfer.
Can I Transfer My Robinhood Account to Fidelity?
Yes. Many users do this.
What to know
Initiate the transfer from Fidelity (receiving broker)
Choose full or partial transfer
Robinhood may charge a transfer-out fee
Transfer time varies by holdings
This answers the common question: Can I Transfer my Robinhood Account to Fidelity—absolutely, and it’s common.
How Long Does a Brokerage Transfer Take?
Typical timelines
Cash withdrawal to bank: 1–3 business days after settlement
Bank deposit to new broker: 1–2 business days
ACATS asset transfer: 5–7 business days (sometimes longer)
If speed matters, How to Transfer Money from Robinhood to Bank is usually faster than ACATS.
Is Withdrawing Cash Better Than Transferring Assets?
It depends on your goals.
Withdraw cash if you want
Faster access
Strategy reset
Simpler process
Transfer assets if you want
No selling (avoid taxes)
Long-term holdings preserved
Fewer market timing risks
Both methods start with understanding How to Withdraw Money from Robinhood and How to Cash Out on Robinhood properly.
What to Do Before Switching Brokers
Before moving anything:
Check if funds are settled
Review transfer fees
Export tax statements
Decide cash vs asset transfer
Confirm your new broker is ready to receive funds
If you’re unsure, How to contact Robinhood Customer support can clarify restrictions. For urgent concerns, How to Contact Robinhood Immediately helps prevent delays.
How to Transfer Brokerage Cash from Robinhood Bank Account (Safely)
To move cash cleanly:
Use standard bank transfer
Avoid instant withdrawal if fees matter
Withdraw during business days
Confirm bank verification
This process ensures How to Transfer Brokerage Cash from Rbinhood Bank account without surprises and supports smooth How to Transfer Money from Robinhood to Bank.
When to Contact Support
Reach out if:
A transfer is stuck
Assets disappear during ACATS
Fees look incorrect
Use in-app help to How to contact Robinhood Customer support. If timing is critical, How to Contact Robinhood Immediately is the fastest route.
FAQs
1. Can I transfer cash directly to another broker?
No—withdraw cash first, then deposit. Use How to Transfer Money from Robinhood to Bank.
2. Is ACATS faster than withdrawing cash?
Usually no. Cash withdrawals are often quicker.
3. Does Robinhood charge for transfers?
Asset transfers may include a fee; standard cash withdrawals are typically free.
4. What’s the safest way to switch brokers?
Withdraw cash via How to Withdraw Money from Robinhood, then deposit.
5. Can I partially transfer my account?
Yes—both cash and partial asset transfers are possible.
6. How do I cash out completely?
Sell assets, wait for settlement, then How to Cash Out on Robinhood via bank transfer.
7. Who do I contact if a transfer fails?
Start with How to contact Robinhood Customer support.
8. How do I contact Robinhood immediately?
Use official in-app channels to How to Contact Robinhood Immediately.
Final Takeaway
If you want speed and simplicity, withdraw cash. If you want continuity and tax efficiency, transfer assets. Either way, mastering How to Withdraw Money from Robinhood and How to Transfer Money from Robinhood to Bank puts you in control of your move.


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