If I move from robo-advisor to another (e.g. from StashAway to Syfe/ Endowus/AutoWealth), do I lose out cos need to liquidate assets when withdraw funds, then pump again into the other robo-advisors?

When you liquidate and withdraw investments in a robo advisor, you will incur currency exchange fee (If your investment is in the foreign market). When you invest with other robo advisor, you will incur currency exchange fee again( if foreign market).

Also, there’s still “bid-ask spread” which will affect your investment negatively. To explain simply what is bid ask spread, let’s say you buy a gram of gold which is $85, you can only sell it at $81 now. There is a difference between the buy and sell market prices. You can google to read up about this. Like gold, stocks and ETFs have bid ask spread too.

Prices are pretty volatile now so there may be an obvious price difference during the x day gap when your money's being transferred into your next robo-advisor. Prices are going down now so it seems okay to just transfer, but the elections are coming soon so I'm not sure what will happen next.