How to transfer stocks from Cash App to Robinhood in 5 easy steps
The best thing about Robinhood, the popular stock trading app, is that you can buy and sell stocks without paying any trading fees whatsoever. The only problem with this? If you want to transfer stocks from Cash App to Robinhood, there are some extra steps involved that can be confusing. Let’s walk through these 5 easy steps to get your stocks transferred over from Cash App to Robinhood in no time!
1) Log into your Cash App account
1. Log into your Cash App account.
2. Click on the Account tab and select Wallet from the drop-down menu
3. Hit the Transfer icon on the top right corner of your screen and select Your Stocks option from the window that pops up
4. Select any stocks you want to move to Robinhood (the maximum number of shares you can transfer is 1,000) then hit Transfer at the bottom of your screen for each stock you want to move over
5. Tap Yes when asked if you want to sell these shares (you’ll be notified how much money this will cost)
6. Enter your email address where you’d like a confirmation sent and tap Submit 7.
2) Tap the Investing tab
Open the app and type Cash in the search bar. Select the account you want to withdraw funds from. Tap on Transfer on the bottom of your screen, then select Robinhood Investing. Tap on Transfer again and enter your routing number and account number (typically found on a check or statement). Enter how much you want to withdraw and tap Submit. You will see a confirmation message with a green checkmark that says Your request has been submitted. Once your request has been processed by our team, you’ll receive an email notification about it. You may also see a pending deposit for this amount at the top of your home screen. If you have any issues, please contact us at
3) Tap Transfers
Tap Transfers is a financial service that lets you move money between your bank account and your cryptocurrency wallet without any fees. All you need to do is download the Tap app, create an account with your banking information, connect it with your Coinbase or Binance wallet, and send money.
There are five steps involved in transferring stocks from cash app to robinhood:
1) Open the Robinhood app and go to the invest tab on the bottom right corner of the screen. If you don’t have a free demo account, sign up now.
2) After logging into your account, find and select a stock by clicking on its name or symbol.
4) Tap Transfer to another brokerage
Tap Transfer is an easy way to move your stocks and ETFs quickly and easily between brokerages. Here are the five simple steps:
1) Tap Transfer
2) Select the brokerage you want to transfer your holdings to (Robinhood)
3) Input how much you want transferred (this can be a partial or full amount)
4) Confirm the information that appears on the screen, including any fees associated with the transfer 5) Agree to Cash App’s Terms of Service before tapping submit. After completing these five steps, your stock will be successfully transferred from one brokerage account to another.
5) Follow the prompts
1. Download the app and create an account with a username and password.
2. Verify your identity by answering security questions or inputting your SSN, date of birth, and social security number.
3. Add funds to your account by linking a debit card or bank account (cash app will charge $0.25 per transaction).
4. Go to Invest on the menu bar at the bottom of your screen and click Transfer Funds then Transfer Funds From another Brokerage Account and enter the broker identification number for any brokerage accounts you have opened before with robinhood or other financial institutions.
Which is better Robinhood or Cash App?
The short answer is that you should use whichever app has the features you need. For example, if you’re looking for a deep discount brokerage service, then go with Robin Hood. But if you need a quick and easy way to pay your bills and make small transactions, then go with the Cash App.
What is the downside to Robinhood?
The downside of Robinhood is that it is an online-only brokerage. This means that you will not be able to buy or sell stocks, ETFs, mutual funds, options, and bonds on a short notice as you would with a brick-and-mortar brokerage.
The upside is that you will not have any trading commissions for your first $1,000 dollars invested per year.
Another downside is that the mobile app does not allow you to set stop loss orders which can be risky if the market drops significantly without warning.
Robinhood also lacks research tools like personal finance news and market data which are available with other brokers’ mobile apps.