How To Transfer From Robinhood to Webull? (2022)

Transfer Robinhood to WeBull

Want to transfer from Robinhood to Webull but don’t know how? Well, we have got you covered.

There are plenty of Robinhood users who want to switch to other trading apps like Fidelity and WeBull because they have way more features than Robinhood.

Similar to Robinhood, WeBull is a trading platform but it has numerous features that are nowhere to be seen in Robinhood.

Since WeBull does have multiple unique features like paper trading, a lot of people in the United States are considering transferring from Robinhood to WeBull.

If you too are one of them then don’t worry, we have created a step by step guide with screenshots explaining how to transfer your brokerage account from Robinhood to WeBull.

Without any further ado, let’s get started:

Transferring From Robinhood To Webull

Transferring a brokerage account from Robinhood to WeBull is pretty simple.

However, if you don’t know the process then follow the steps mentioned below:

Before you begin the transfer process, make sure your Robinhood account does not have any negative balances or restrictions or else you would not be able to get the transfer process completed.

Before we explain the process of transferring from Robinhood to WeBull, let me tell you that Robinhood does charge a $75 fee.

Keep Robinhood Info Handy

Before you start the transfer process, make sure you know what your Robinhood Securities (RHS) account number is and what is Robinhood DTC Number.

The DTC number of Robinhood is 6769.

If you don’t know what your Robinhood account number is, open the Robinhood application on your device and tap on the profile icon located on the bottom right corner of the screen.

Transfer From Robinhood to WeBull
Source: Space Design Warehouse YouTube

In a new window, you will have to tap on the ‘Investing’ option.

When you do so, you will be displayed your Robinhood account number.

Start The Transfer Process

Once you have got all the required information, you will have to open the WeBull application on your phone.

If you have not downloaded the WeBull application yet, click on the link and download it now.

Once you have successfully downloaded and installed the WeBull app, open it on your phone.

Transfer From Robinhood to WeBull

Tap on the middle button shown in the above picture.

Doing this will let you log in to the app.

Transfer From Robinhood to WeBull

Once you have successfully logged in, tap on the More option as shown in the above photo.

Transfer From Robinhood to WeBull

In a new window, you will have to tap on the ‘Transfer’ button. When you do so, you will be shown multiple options.

Transfer From Robinhood to WeBull

To transfer Robinhood from WeBull, you will have to tap on the ‘Transfer Stocks Into WeBull’.

When you tap on it, you will be shown a bunch of important things that you will have to read carefully.

Once you are done reading the entire note, tap on the ‘Transfer To WeBull’ button.

Transfer From Robinhood to WeBull

When you tap on this button, you will be asked to choose a broker to transfer from.

Here, you will have to select Robinhood.

As soon as you select Robinhood, you will be asked to fill in a bunch of information like Delivering Account Type, Name, Number and Transfer Type.

Once you have successfully provided all the details, make sure to click on the Acknowledge box.

Once done, click on the ‘Submit Stock Transfer Request’ button.

The transfer process will take a couple of business days to get completed. So, be patient and wait until the process is completed.

That’s all you need to know about how to transfer stocks from Robinhood to WeBull.

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