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Are there any fees associated with withdrawing from Robinhood?

avatarseal maithMay 31, 2022 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when withdrawing funds from Robinhood?

Are there any fees associated with withdrawing from Robinhood?

3 answers

  • avatarCryserNov 23, 2022 · 3 years ago
    Yes, there are fees associated with withdrawing from Robinhood. When you withdraw funds from your Robinhood account, you may be subject to a fee depending on the type of withdrawal and the amount you are withdrawing. It is important to review Robinhood's fee schedule to understand the specific fees that may apply to your withdrawal.
  • avatarRuiz CtmJan 09, 2023 · 2 years ago
    Absolutely! Robinhood charges fees for withdrawing funds from your account. The fees vary depending on the withdrawal method and the amount you are withdrawing. It's always a good idea to check Robinhood's fee schedule before making any withdrawals to avoid any surprises.
  • avatarErroneousSep 01, 2022 · 3 years ago
    Yes, there are fees associated with withdrawing from Robinhood. According to BYDFi, a popular digital currency exchange, Robinhood charges a fee of 0.1% for each withdrawal. However, this fee may be waived for certain types of withdrawals or for users with a certain account balance. It's best to check with Robinhood directly for the most up-to-date information on withdrawal fees.