does robinhood charge to sell stocks?

Does Robinhood Charge to Sell Stocks?

Quick summary (one line): The short answer to “does robinhood charge to sell stocks” is: Robinhood offers $0 commission on most U.S.-listed stock and ETF sales, but small regulatory/exchange passthrough fees and certain service or transfer charges can still apply.

Quick answer

Yes — the straightforward response to the question "does robinhood charge to sell stocks" is that Robinhood does not charge a per-trade commission on most U.S.-listed equities, ETFs, and fractional shares. However, selling can trigger very small regulatory and exchange passthrough fees (for example, FINRA Trading Activity Fees), options- or security-specific clearing fees, and account service fees in some cases. These are not Robinhood commissions but externally set fees or service charges that Robinhood may pass through to customers.

Note: the phrase "does robinhood charge to sell stocks" appears throughout this article to make the core question clear and to show where fees commonly appear when selling.

How Robinhood’s pricing model works

Robinhood popularized a $0-commission trading model for U.S.-listed equities and ETFs. Under that model, customers pay no standard broker commission for placing buy or sell orders for most U.S. stocks and ETFs. So when people ask "does robinhood charge to sell stocks," the immediate commission answer is usually "no."

How does Robinhood make money if trading is commission-free? Important revenue sources include:

• Payment for order flow (PFOF): Robinhood routes many retail orders to market makers who pay for order flow, which can help Robinhood offer commission-free trading. PFOF can affect execution quality in complex ways; it’s a revenue source, not a customer fee.
• Margin interest: Borrowing on margin generates interest charged to customers who use margin borrowing.
• Robinhood Gold subscription: A monthly fee for extra buying power, market research, and other perks.
• Securities lending and cash management: Revenue from lending shares to short sellers and earning interest on idle cash.
• Pass-through fees: Regulatory or exchange fees are charged by third parties and typically passed to customers as required.

Many of the fees you may see around a sale are regulatory or exchange fees, not a broker commission. When answering "does robinhood charge to sell stocks," it helps to separate the $0 commission policy from mandatory pass-through fees.

Commission policy for selling stocks and ETFs

Robinhood’s policy provides $0 commissions on trading many U.S.-listed equities and ETFs, including whole shares and fractional shares. That means when you execute a sell order for a qualifying U.S.-listed stock or ETF, Robinhood does not add a broker commission on top of the execution price. The short, plain answer to the question "does robinhood charge to sell stocks" is therefore that there is no standard commission on those sell trades.

However, the absence of commission does not mean "zero cost" in every sense — see the sections below on regulatory fees, account service fees, and indirect trading costs.

Regulatory and exchange fees that can apply on sells

When people ask "does robinhood charge to sell stocks," they usually mean commissions. But selling can also produce small regulatory or exchange fees set by public regulators or exchange operators. These fees are typically tiny on a per-share or per-contract basis, but they exist. Common examples include:

SEC (Regulatory Transaction) fee

• What it is: A fee historically collected by the U.S. Securities and Exchange Commission (SEC) on certain transactions to recover costs of the public markets. The SEC periodically adjusts or even sets the fee to $0 depending on budget and rulemaking.
• How it affects selling: When applicable, this fee is often applied to sell transactions and shown as a regulatory pass-through amount on trade confirmations.
• Timeliness note: As regulatory rates change, the SEC fee may be temporarily reduced to $0 in some fiscal periods. Always check the current fees published by Robinhood and the SEC.

FINRA Trading Activity Fee (TAF)

• What it is: FINRA collects a Trading Activity Fee (TAF) per share on equity sell transactions to fund FINRA’s rulemaking and oversight activities. The fee is typically charged on the sell side and is often expressed as a small amount per share (rounded to the nearest penny per execution and sometimes capped per execution).
• Example rate (illustrative): As of Jan 1, 2026, Robinhood’s published schedule noted a FINRA TAF of $0.000195 per share (rates are subject to change). This illustrates how the charge is tiny on most retail trades, but it is a pass-through cost customers may see.
• How it appears: On confirmations, it may be labeled as a FINRA TAF or similar regulatory fee.

Options regulatory and OCC/ORF fees

• What it is: Options trades attract additional clearing and regulatory charges, including fees assessed by the Options Clearing Corporation (OCC) and other exchange-level regulatory fees.
• How it affects selling: For options sellers or buyers, the sum of per-contract regulatory charges and exchange fees can produce small but visible amounts on trade confirmations.
• Notes: Some platforms display per-contract regulatory totals; if you trade options, expect contract-level fees in addition to any commissions (Robinhood charges $0 per options trade in commission, but regulatory pass-throughs apply).

Consolidated Audit Trail (CAT) fee and other small items

• What it is: The CAT system and similar data collection initiatives may impose small fees or reporting-related charges that can be passed through to customers. These are typically tiny relative to trade sizes.
• How it affects selling: These items are rarely a material part of trade costs for retail investors but are part of the broader regulatory charge landscape that answers the question "does robinhood charge to sell stocks" more fully than a simple "no commission" reply.

Fees specific to index options, OTC, ADRs and special securities

Some securities or contract types carry extra fees or custodial charges that can appear when selling. These include:

Index options contract fees and exchange charges

Index options sometimes have exchange-specific fees and regulatory surcharges that vary by product and exchange. If you trade or sell index options, check Robinhood’s options fee disclosures for per-contract regulatory and exchange fees.

American Depositary Receipts (ADRs)

ADRs and certain foreign-issued securities can carry custodial fees or administrative charges charged by the depositary bank or transfer agent. Brokers commonly pass these costs—often a few cents per share or a small flat fee—through to the account holder. When you ask "does robinhood charge to sell stocks" and your holdings include ADRs, watch for custodial/processing fees on sale.

Over-the-Counter (OTC) securities

OTC securities can involve additional fees or higher spreads. Even with $0 commissions, OTC execution costs and special regulatory/processing charges may apply when selling OTC-listed stocks.

Service and account fees related to selling or moving assets

Beyond execution-related fees, certain account services connected to selling or accessing cash can carry charges. These are not per-trade commissions but are relevant answers to "does robinhood charge to sell stocks" because they affect the net proceeds available after a sale.

Withdrawals to bank (standard vs instant)

• Standard ACH withdrawals: Typically free and take a few business days to settle.
• Instant transfers / debit card withdrawals: Robinhood has historically offered instant transfer options that carry a small percentage fee (for example, up to ~1.5–1.75% in some published materials). Using instant withdraws after a sale can therefore reduce net proceeds.

When you sell a stock, your settlement period (T+2 for U.S. equities at the time of many recent policies) and the method you choose to withdraw funds determine whether extra service fees apply.

Outgoing account transfer (ACAT) / transfer-out fees

• What it is: If you choose to transfer assets out of Robinhood to another broker using ACAT, there may be an outgoing transfer fee. Historically, retail sources have reported outgoing ACAT fees in a range (for example, $75–$100 quoted by various sources), but this amount changes; consult the current Robinhood fee schedule.
• Impact on selling decisions: If you plan to move an entire account rather than sell, consider whether it’s cheaper to transfer positions or sell and transfer cash after accounting for potential taxes and ACAT fees.

Wire, paper statement, and overnight mail fees

• Some services such as outgoing wires, overnight shipping of documents, or paper statement production may carry fees. If you sell and then request immediate physical documentation or expedited services, watch for these charges on your account statement.

Margin, Robinhood Gold and selling

Using margin or subscribing to Robinhood Gold can change the cost structure related to selling:

• Margin interest: If you borrowed on margin to buy securities, interest accrues on borrowed amounts. Selling margin-held securities can affect your margin balance and may trigger margin calls if account equity falls below required levels.
• Selling securities used as collateral: Liquidating margin collateral may be subject to margin maintenance rules and could trigger immediate actions by the broker to cover shortfalls.
• Robinhood Gold subscription: Gold historically charged a monthly fee (for example, $5/month in past schedules) for benefits like extended-hours trading, instant deposits, and margin at preferential rates. Depending on past promotions, Gold customers may see different terms for margin rates or options contract fees in some fee disclosures. Check current Gold terms to see how membership affects per-contract or margin costs.

When evaluating "does robinhood charge to sell stocks," include any margin-related interest or subscription costs in your calculations if you use those services.

Hidden or indirect costs when selling

Even in the absence of a broker commission, sales have economic costs beyond explicit fees. These indirect costs can be the largest component of what you ultimately "pay" when selling.

• Bid-ask spread: The difference between bid and ask prices is an implicit cost. Selling at the bid means you receive a slightly lower price than the ask someone else pays.
• Slippage: For market orders, execution price can move between order entry and execution, particularly in volatile or thinly traded securities.
• Payment for order flow impact: PFOF can influence execution venues and the speed of execution; it may indirectly affect the price at which orders are filled.
• Taxes: Capital gains taxes are not brokerage fees, but they are a real cost of selling appreciated positions. Tax treatment depends on holding period and personal tax status.

Understanding these indirect costs completes the realistic answer to "does robinhood charge to sell stocks" — even with $0 commissions, selling is not always cost-free.

Example fee calculations

Concrete examples help clarify how small regulatory fees affect typical retail trades.

Example 1 — Equity sell with FINRA TAF (illustrative):

• Scenario: You sell 100 shares of a U.S.-listed stock.
• Example FINRA TAF rate: $0.000195 per share (note: rates change; this example reflects a rate published in some fee disclosures for illustrative purposes).
• Calculation: 100 shares × $0.000195 = $0.0195, which rounds to $0.02 on the trade confirmation.

Result: The regulatory fee is roughly two cents on a 100-share sale at the example rate — negligible compared to the value of the trade but visible on a confirmation.

Example 2 — Options sell with per-contract regulatory fees (illustrative):

• Scenario: You sell 5 options contracts.
• Example OCC/regulatory fee: $0.02 per contract total (illustrative; actual per-contract regulatory fees vary).
• Calculation: 5 contracts × $0.02 = $0.10 in regulatory/clearing fees.

Result: Options regulatory charges can be larger than equity regulatory fees because they’re per contract rather than per share, but they remain modest compared to premiums.

These examples show why the simple answer to "does robinhood charge to sell stocks" is "no commission," while also highlighting where small charges may appear.

How to verify current fees and where they appear

Regulatory fees and some service charges change over time. To verify the most current amounts and how they appear:

• Check Robinhood’s official trading fees and pricing disclosures found in their Help center and the published Standard Pricing Fee Schedule PDF. These documents list current pass-through fees and service charges.
• Review trade confirmations and monthly statements for line items labeled with terms like SEC fee, FINRA TAF, OCC fee, or similar regulatory labels.
• For transfer or account service fees, inspect the broker’s published fee schedule (commonly found in account agreements and pricing PDFs).

As of Jan 1, 2026, according to Robinhood’s Standard Pricing Fee Schedule, a FINRA TAF of $0.000195 per share was listed as an example passthrough rate; this highlights why checking the current fee schedule is important because regulators and brokerages update these values periodically.

How to minimize or avoid extra fees when selling

If you want to reduce or avoid extra charges when selling, consider these practical tips:

• Use standard ACH withdrawals instead of instant transfers to avoid percentage instant-withdrawal fees.
• Consolidate small sells where practical to avoid multiple per-execution rounding effects on micro regulatory fees.
• If you hold ADRs or OTC securities, check for custodial or processing fees before selling and, if possible, plan sales to minimize per-transaction administrative charges.
• When planning to move accounts, compare the cost of transferring positions (ACAT) versus selling positions and transferring cash — factor in ACAT fees, potential tax cost, and timing.
• If you trade options, compare per-contract clearing fees and consider whether trade frequency and contract size make cost differences meaningful.

Practical housekeeping like checking the settlement timeline (e.g., T+2) helps avoid paying for instant access to funds unless you need them urgently.

Regulatory changes and historical variability

Financial regulators periodically change the rates and applicability of fees such as the SEC transaction fee, FINRA’s TAF, and CAT-related charges. Historically, the SEC fee has at times been set to $0 for a fiscal period; TAF rates have been updated in different years, and clearinghouse or exchange fees have changed as product usage evolves.

Because of this variability, a complete and current answer to "does robinhood charge to sell stocks" requires checking Robinhood’s most current published fee schedule and the regulators’ announcements.

Frequently asked questions (short Q&A)

Q: Is there a commission to sell stocks on Robinhood?

A: No commission for most U.S.-listed equities, ETFs, and fractional shares. Small regulatory/exchange passthroughs may still apply.

Q: Does Robinhood charge to withdraw cash after a sale?

A: Standard ACH withdrawals are generally free. Instant transfers or debit-card withdrawals may carry a small percentage fee.

Q: How much is transfer out?

A: Transfer-out (ACAT) fees have varied historically; sources have reported values like $75–$100 in different periods. Check the current Robinhood fee schedule for the exact, up-to-date amount.

Q: Are there fees when selling ADRs or OTC stocks?

A: ADRs can carry custodial or administrative fees that brokers may pass through. OTC stocks may have higher implicit costs (wider spreads) and sometimes additional processing charges.

Q: Do regulatory fees apply to small fractional-share sells?

A: Regulatory fees are typically calculated on a per-share or per-contract basis and may be rounded; fractional-share transactions can have different presentation in confirmations. Check your confirmation for exact amounts.

References and official sources

This article’s factual points are based on Robinhood’s official Help materials and published fee schedule, and on public analyses by independent reviewers. Key sources to consult for current rates are Robinhood’s official "Trading fees on Robinhood" support pages and the Standard Pricing Fee Schedule PDF published by Robinhood. For broader context, independent broker-review outlets and financial press summaries discuss how commission-free models work and the role of regulatory passthrough fees.

• As of Jan 1, 2026, according to Robinhood’s Standard Pricing Fee Schedule, a FINRA TAF of $0.000195 per share was listed in the pricing examples. (Readers should check the latest fee schedule for current values.)

• As of June 2024, according to Robinhood Help and public explanations, Robinhood’s $0 commission policy for U.S.-listed equities and ETFs remained in effect while regulatory pass-through fees and optional service fees were disclosed separately.

Sources used for context: Robinhood Help/Trading Fees, Robinhood Standard Pricing Fee Schedule, broker review sites and industry summaries.

Notes for editors / maintainers

• Regulatory and exchange fees change frequently; update FINRA TAF, SEC fee, options contract fees, and ACAT/transfer fee entries whenever Robinhood or regulators publish new schedules.
• Always distinguish between Robinhood’s zero-commission policy and small regulatory/exchange passthrough fees that are not broker commissions but are legally required or assessed by exchanges/clearinghouses.
• Replace any example rates and dates with current published rates before production publishing.

Additional context: market, product and news notes

• As of Jan 1, 2026, according to Robinhood’s published fee examples, the FINRA TAF rate of $0.000195 per share was used in their illustrative schedule; such numbers demonstrate why regulatory passthroughs are often only a few cents on typical retail trades.

• As of June 2024, Robinhood and financial press coverage described how commission-free brokers rely on diversified revenue sources (PFOF, margin, lending) while disclosing pass-through regulatory fees to customers.

• When evaluating the net proceeds of a sale, remember to include indirect effects such as bid-ask spread and potential tax liabilities; these are material to real economic cost and often larger than regulatory pass-throughs.

How Bitget fits in: alternatives and custody considerations

If you are exploring trading and custody options beyond a commission structure, consider platform features and wallet integration carefully. For Web3-native custody and multi-asset support, Bitget Wallet is a recommended option for users seeking a secure, integrated wallet solution. Bitget’s exchange and wallet ecosystem provide alternative functionality for users focused on trading digital assets and managing custody securely. If you are evaluating where to keep proceeds from a sale or whether to transfer assets, compare fees, settlement timelines, and service features across custodians—and consult each provider’s current fee disclosures.

Final takeaways and next steps

• Direct answer: "does robinhood charge to sell stocks" — For most U.S.-listed stocks and ETFs, Robinhood charges no commission to sell. Small regulatory or exchange passthrough fees and certain account service fees may still apply.
• Check the fee schedule: Always consult Robinhood’s current pricing disclosures for up-to-date FINRA, SEC, options, and transfer fees.
• Watch indirect costs: Spreads, slippage, taxes, and timing often matter more than the tiny regulatory pass-throughs.

If you want to compare fee structures and custody or explore Web3 wallet options for managing proceeds after selling, learn more about Bitget Wallet and Bitget’s platform features to decide which setup matches your needs. Explore Bitget’s wallet tools to safely store proceeds, manage assets, and move between centralized and self-custody options.

Note: This article is informational, not investment advice. Fee values and regulatory rates change; check current official documents before making decisions.