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If you initiate the transfer from another brokerage you may be able to avoid the transfer fee. So if you have your brokerage reach out to Robinhood and not the other way around. Typically it’s a form on their site you have to fill out.
Yes, you can close account and initiate transfer. basically transfers all stocks held from Robinhood to fidelity. I did it last year when I joined Deloitte and Robinhood charged me 75$ for the transfer, nothing on the receiving side (fidelity)
Okay this make sense. And I can just add them into a brokerage account?
Reason for moving them?
I actually mean robust. Fidelity is a full service platform while Robinhood is a tech startup. But I'd also imagine that Fidelity is more stable as well.