Transfer From Stash and Robinhood
If you want to move a brokerage account from Stash to Robinhood, the process is pretty simple, thanks
to the ACATS transfer system. To perform this type of transfer, you’ll first need to
open a new
Robinhood account if you don’t yet have one.
If you do already have one open, it will work as long as it has the same name on it and is of the same
account type as the Stash account.
The account at Stash could be either a self-directed or automated account. The securities in the Stash account (stocks and ETFs) will be accepted by Robinhood. If you have any cryptocurrencies at Stash, these will need to be liquidated, transferred to another Stash account, or left behind in a partial transfer. Cryptocurrencies can’t be moved through the ACATS system.
Once you have both accounts open and ready to go, you’ll want to submit an ACATS request to Robinhood.
To do this, open the mobile app and tap on the head and shoulders icon in the bottom-right corner. Next, tap on the main menu icon in the upper-left corner (represented by three horizontal lines). On the following page, tap on Transfers, and then tap on “Transfer accounts in.”
This will pull up the ACATS form. For the outgoing brokerage firm, Stash won’t appear, nor will its clearing firm Apex Clearing. You’ll need to do a search and then tap on “I can’t find my brokerage.” Next, enter Apex’s DTC number, which is 0158. Follow the on-screen prompts and submit the transfer request.
Stash charges $100 for an outgoing transfer,
but Robinhood will refund it if you move at least $7,500.
Robinhood Promotion
Visit Robinhood Website
Transfer From Robinhood and Stash
Opening that Stash account should be the first step.
Stash is giving you $20 referral cash bonus
if you use this promotion link when opening an account.
Moving an account from Robinhood to Stash will take a different course. This is because Stash does
not accept incoming ACATS transfers. Therefore, a bank must be used as a sort of middleman.
What you’ll want to do is liquidate everything you want to move out of the Robinhood account and then
transfer the resulting cash position to a bank account. This same bank account should be linked to
the brokerage account at Stash. Once the cash position becomes available for withdrawal from the
checking or savings account, you can move the funds into the Stash account via the ACH transfer
system and repurchase the assets you had in the account at Robinhood.
Before making the decision to sell everything at Robinhood, remember that selling assets inside a
taxable account could incur the wrath of the IRS come tax season, so be sure to speak with a
tax professional before taking this step. Withdrawing cash from an IRA carries the same warning.
If you do decide to move forward, it’s easy to link a deposit account at both Robinhood and Stash. On the Robinhood website, click on the Account link in the upper-right corner of the site and select the Transfers link in the drop-down menu. On the next page, you’ll be able to connect the bank account.
On the Stash mobile app, tap on the Transfer icon in the bottom main menu. Follow the on-screen prompts
to connect the same bank account you linked at Robinhood. Stash uses Plaid to connect the account.
Neither Robinhood nor Stash charges anything for ACH transfers. Some banks could charge, but most do not. Each ACH transfer can take a few business days to process, and a few more will be required to make a withdrawal. An ACATS transfer takes up to 2 weeks to process.
Updated on 2/5/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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