Transfer from Citi to Robinhood in 2024


Step-by-step instructions on how to move stocks, and other assets from Citi Self Invest brokerage account to Robinhood. How much does a transfer cost and how long does it take.



How to Transfer from Citi to Robinhood


To start the transfer process, make sure you initiate the transfer request from your Robinhood account.

If you don’t have a Robinhood account yet, you can open one here: Free stock up to $200 and 1% IRA match when you open an account.

Follow these steps to transfer your Citi brokerage account to Robinhood:


Requesting an ACATS Transfer


Log into your Robinhood account (on the app or browser) and go to the 'Transfers' menu under 'Settings.' Select 'Transfer accounts in' to begin the ACATS transfer process.


Transfer From Citi to Robinhood


Robinhood offers two types of transfers: full and partial. Full transfers move all assets and close the original account, while partial transfers only move specific assets.

Inform Robinhood about the type of account you’re transferring. They support standard brokerage accounts and two types of IRAs (Traditional and Roth IRA).


Transfer Citi to Robinhood


Connect your Citi and Robinhood accounts by providing your Citi account number and other necessary details. This information is needed to validate the transfer request.


Transfer Citi to Robinhood


Make sure that the securities in your Citi account are eligible for transfer. Unsupported securities like bonds, CDs, or mutual funds will require a partial transfer, while supported assets can be transferred fully.


Transfer Citi to Robinhood


Choose the transfer type (full or partial), review the details, and submit your request.


Transfer Citi to Robinhood


Account Transfer Timeline


The transfer process usually takes around a week but may take longer if complications arise. To speed up the process, ensure that your Citi account is set up correctly by settling any pending transactions, selling unsupported securities, and resolving any outstanding debts.


Free Robinhood Account



Open Robinhood Account


Transfer Fees


Robinhood does not charge fees for incoming transfers and will reimburse up to $75 of the fees charged by Citi if your transfer amount is $7,500 or more.


Eligible Account Types


Robinhood supports a limited range of account types compared to other brokers like Citi. Only individual cash or margin brokerage accounts, Roth IRAs, and Traditional IRAs can be transferred. Custodial, joint, business, and trust accounts are not eligible.


Eligible Securities


Not all securities can be transferred from Citi to Robinhood. Robinhood accepts stocks, options contracts (with more than 5 days until expiration), ETFs, margin balances (if enabled), and cash. Unsupported assets include cryptocurrencies, fractional shares, options expiring within 7 days, unsupported options strategies, bonds, mutual funds, futures, annuities, OTC Pink sheets, and foreign stocks. Make sure to sell any unsupported products before initiating the account transfer.


Updated on 9/30/2024.