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Are there any fees associated with withdrawing funds from Robinhood?

avatarLovcourDec 20, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when I withdraw funds from Robinhood? I want to make sure I understand all the costs involved before I make any transactions.

Are there any fees associated with withdrawing funds from Robinhood?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing funds from Robinhood. When you withdraw funds from your Robinhood account, you may be subject to a fee depending on the type of transfer you make. For standard transfers, there is no fee. However, if you choose to expedite your withdrawal using Instant or Same-Day ACH, there is a fee of $25. It's important to review the fee schedule on the Robinhood website to understand the specific fees and charges.
  • avatarDec 20, 2021 · 3 years ago
    Absolutely! Robinhood charges fees for withdrawing funds. The fees vary depending on the type of transfer you choose. For standard transfers, there are no fees. However, if you opt for Instant or Same-Day ACH transfers, there is a fee of $25. It's always a good idea to check the fee schedule on Robinhood's website to stay informed about the latest fees and charges.
  • avatarDec 20, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing funds from Robinhood. The fees depend on the type of transfer you select. Standard transfers do not incur any fees. However, if you choose Instant or Same-Day ACH transfers, there is a $25 fee. Keep in mind that these fees are subject to change, so it's essential to check the fee schedule on Robinhood's official website for the most up-to-date information.