How much is a transfer fee and how long does it take in 2025. so you keep your cost basis and tax implications for long-term capital gains for stocks bought over a year ago. ACATS can transfer standard holdings like stocks, cash, bonds, and options, but keep these points in mind when switching between Schwab and Robinhood: 1. ACATS does not More investment options beyond stocks, ETFs, and options that are available on Robinhood. 24/7 customer service (phone and live chat). The assurance that Charles Schwab does not sell users' order flow to market makers. And much more. If you're ready to move from Robinhood to Charles Schwab, follow the tutorial below to get started. The transfer process allows for the seamless transfer of all your stocks and securities from Robinhood to Charles Schwab, ensuring continuity in your investment portfolio. 2. How much does it cost to transfer a Robinhood brokerage account? While Schwab does not charge any fees for incoming account transfers, Robinhood may impose a transfer fee. Schwab does charge $25 for a partial outgoing transfer and $50 for a full outgoing transfer. Robinhood will refund either charge. Be sure to hang onto your most recent Schwab statement with the fee. A brokerage account transfer through the ACATS system takes about a week to two weeks to complete. Schwab charges nothing to transfer digital or physical stock certificates into a brokerage or full-service advisory account. Some investment firms will charge an outgoing ACATS fee, and this could be around $100 in some cases. Selling stocks at an outgoing firm could carry a commission, while Schwab will charge $6.95 to rebuy OTC stocks. Free Transferring a brokerage account to Schwab is as simple as opening the type of account that you plan to transfer. When creating your new account, Schwab will let you choose where you are transferring funds from and make it easy to provide transfer information. You can start the process in about 10 minutes. Learn more about

transferring to Schwab. To prevent potential issues during the transfer, ensure that your Robinhood account does not have fractional shares, options contracts, or unsettled transactions. These factors can complicate the transfer process. 1. Open an Account with Charles Schwab. To begin the transfer process, you'll need to open an account with Charles Schwab. Open the transfer on Schwab's side. Once it gets approved, wait a few days or 2 weeks (at least in my experience most recently) for it to actually take place. You will see a $75 charged whether you have the cash balance in your Schwab brokerage account or not, which means if you don't have the $75, the charge will still take place. Transfer securities and cash using an online transfer on Schwab.com. Trading Stocks at Schwab Understanding Stocks Overview Over-the-counter (OTC) securities (800) 435-4000 for assistance making your transfer, or chat with us online by selecting Support, Doing the same but noticing some weird things happening on my RH account. 2 Shares of apple are gone this morning and my last bank transfer that had been cleared and invested the morning the day I submitted for account transfer through Schwab is now in my RH cash.