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How long do deposits of under $1000 take to transfer on Robinhood?
Posted on 1/31/21 at 8:49 am
Posted on 1/31/21 at 8:49 am
It shows on the app that any deposit under $1000 are instant transfers. However, mine is showing 5 business days now. Is this right? Maybe this is a new rule; my first time using the app.
7
Posted on 1/31/21 at 8:51 am to Tigerbait8
You need to seriously reconsider using robinhood. Have you been keeping up with what they did the past week?
Posted on 1/31/21 at 8:54 am to Tigerbait8
Get out of that shite app
Posted on 1/31/21 at 8:54 am to Civildawg
What is another alternative for a new investor? I have heard a little bit, but havent really got into stocks until late.
Posted on 1/31/21 at 8:55 am to Tigerbait8
A lot of people here seem to be pleased with fidelity or vanguard
Posted on 1/31/21 at 8:57 am to Civildawg
Which is more user friendly?
Posted on 1/31/21 at 8:57 am to Tigerbait8
Webull is another good site.
Posted on 1/31/21 at 9:03 am to Whodatforlife21
we bull limited buys too for my understanding. TD Ameritrade isn't bad. I just had Fidelity accounts already so I opened there and started transfer from robinhood through the Fidelity side.
Posted on 1/31/21 at 9:04 am to Tigerbait8
the real fireworks will start when RH starts restricting withdrawals
Posted on 1/31/21 at 9:06 am to Civildawg
Vanguard is great for buy and hold. The interface isn’t very user friendly though, especially if you plan on day trading
Posted on 1/31/21 at 9:08 am to zzemme
They already started by slowing the process down from transferring their account to another brokerage.
Posted on 1/31/21 at 9:18 am to Tigerbait8
I’m a new investor and use Webull. I find it very user friendly. Webull also gives you much more information. Customer support is excellent as well.
Posted on 1/31/21 at 9:27 am to Jake009
Careful with WeBull. I think they were limiting stock like Robinhood
Posted on 1/31/21 at 9:32 am to cgrand
quote:
the real fireworks will start when RH starts restricting withdrawals
Wonder if they can draw more than a billion if not could see some slow play games
I have to think they are required to settle in x time. Not sure?
Hedge funds that are hurting probably restricting withdrawals
Posted on 1/31/21 at 9:36 am to thelawnwranglers
I wish I could short Robinhood. I would be filthy rich.
Posted on 1/31/21 at 9:40 am to tenderfoot tigah
quote:
I wish I could short Robinhood. I would be filthy rich.
Surely this ruins ipo plans and they bust out
Posted on 1/31/21 at 9:50 am to Jake009
Can you buy dogecoin on webull?
Posted on 1/31/21 at 10:23 am to Tigerbait8
With what robinhood did I would stay away from them . I just opened a account chase .
Posted on 1/31/21 at 10:26 am to cgrand
quote:
the real fireworks will start when RH starts restricting withdrawals
Yeah I can't see that working out well for them.
Posted on 1/31/21 at 11:31 am to Tigerbait8
quote:You sound like the guy who just saw his friend mugged, then tells the mugger you have $1000 in your pocket.
It shows on the app that any deposit under $1000 are instant transfers. However, mine is showing 5 business days now. Is this right? Maybe this is a new rule; my first time using the app.
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