top of page
< Back

Robinhood

Robinhood does not DRS transfer shares, so you need to transfer your shares to another broker that can DRS transfer.

A popular route has been through Fidelity, as they are able to reliably DRS transfer for free, and it’s a very simple process to request it. Fidelity have also been known to reimburse transfer fees when moving to them (up to $75)

Transfer Instructions

How to Transfer between Brokers

Open an account with Fidelity. When it asks you how you want to fund your account, select transfer from another brokerage. Fidelity will pull your shares from Robinhood. This will take roughly 3 days.

How to DRS Transfer

After your shares reach Fidelity, you are able to request the DRS transfer from Fidelity to the issuer's transfer agent. To do this you can follow our guide on how to DRS transfer from Fidelity.

Robinhood

bottom of page