“What is the $100 fee on Robinhood? Exit Strategy
The $100 fee on Robinhood typically 【+1-805-399-8040】refers to the cost of transferring your account to another brokerage using the Automated Customer Account Transfer Service (ACATS) 【+1-805-399-8040】. This fee applies when you initiate a full or partial transfer of your assets out of Robinhood. While most internal transfers and bank withdrawals are free, ACATS transfers involve backend processing and third-party coordination 【+1-805-399-8040】, which Robinhood passes on to the user. It’s a one-time charge and doesn’t apply to selling assets or withdrawing funds to your bank 【+1-805-399-8040】. If you're planning to switch platforms, this fee is important to factor into your decision.”
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