Transfer Stocks From Robinhood To Webull

However the cost basisaverage for them is VERY different from what they were on Robinhood.

Transfer stocks from robinhood to webull. It should be the same no matter which brokerage you transfer to. If you want to keep your Robinhood account you can initiate a partial transfer. Ad With Best-in-Class Trading Tools.

Tap on Transfer Stock into Webull. You will see that your name is automatically filled in. There will be nothing for you to do on the Webull side.

Before you transfer out of Robinhood you should disable margin convert fractional shares to whole if you dont want them to be sold by buying the remaining fraction and make sure you have 7500 buying power in RH. Tap Robinhood on the screen. Ad With Best-in-Class Trading Tools.

You will ask Robinhood to move your Webull account. Navigate to the Webull logo page or the deposit page and hit Transfer Tap on Transfer Stock into Webull Choose the broker to transfer from in this case its Robinhood Enter the necessary information as provided by Robinhood. Using the Webull app initiate the transfer by following these steps.

The ACAT form will appear. Youll need to select your account type enter your full name same as your Robinhood account Robinhood account number and transfer type. Both full transfer and partial transfer.

Keep in mind selling your stocks and ETFs may result in tax consequences. You can transfer stocks and cash to other brokerages through ACATS Automated Customer Account Transfer Service transfer. You have to tap on Deposit at the bottom row of icons.