People who invest with Robinhood can transfer some of their assets out of the app and to other brokers for a price, according to the company’s website.
Assets, excluding cryptocurrency, can be transferred out of the website and to another broker for a $75 fee, according to the company’s website. Another broker must initiate the transfer of assets by submitting the transfer instructions to a clearing partner at Robinhood who will oversee the user’s transfer of available assets and funds.
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