How to Move Your Stocks From Robinhood to Fidelity

Yes, you can transfer stocks from Robinhood to Fidelity

You can move stocks, ETFs, and other holdings from your Robinhood account to Fidelity through a process called an Automated Customer Account Transfer Service (ACAT) transfer. Fidelity handles most of the work once you initiate the transfer from their side. The transfer is free, though it typically takes 5 to 7 business days to complete. During that time, your positions remain invested and you cannot trade them.

The key point: you start the transfer at Fidelity, not at Robinhood. Robinhood will not initiate the move for you, but they are required by law to cooperate once Fidelity sends the transfer request. You do not need Robinhood's permission, and there are no fees or penalties for leaving.

Key Takeaways

• Start the transfer by logging into your Fidelity account and requesting an ACAT transfer, which tells Fidelity to pull your holdings from Robinhood.
• You will need your Robinhood account number and the exact holdings you want to move, though you can transfer everything at once.
• The transfer takes 5 to 7 business days, during which your stocks cannot be bought or sold.
• Fractional shares and certain holdings like options or crypto may not transfer and will be liquidated at market value before the move.
• Robinhood charges no transfer fee, but Fidelity may charge a small fee if you close your Robinhood account within a certain period after transferring.

What you need before you start the transfer

Gather your Robinhood account number before you begin. You can find this by logging into Robinhood, going to Account, and looking for your account number in the settings. Write it down or have it ready to copy and paste.

Make a list of what you own in Robinhood. You do not have to transfer everything — you can move only certain stocks or ETFs if you want to keep some holdings at Robinhood. However, transferring everything at once is simpler and avoids the risk of forgetting a position. If you have fractional shares (less than one full share), those will be sold at market value before the transfer, and the cash will arrive in your Fidelity account.

Open a Fidelity brokerage account if you do not already have one. You can open one online in about 10 minutes. Make sure it is a standard brokerage account, not a retirement account like an IRA, unless you are transferring from a Robinhood IRA to a Fidelity IRA of the same type.

How to request the transfer from Fidelity

Log into your Fidelity account and navigate to the Transfers section. You can usually find this under Account or Accounts & Trade. Select "Transfer Securities" or "Move My Money," then choose "Transfer from another brokerage."

Fidelity will ask you which brokerage you are transferring from. Select Robinhood from the list. Enter your Robinhood account number and the approximate value of the account. Fidelity will then ask whether you want to transfer all holdings or specific ones. Choose all holdings unless you have a reason to leave something behind.

Review the details carefully. Fidelity will show you an estimate of what will transfer and what will be liquidated (like fractional shares or unsupported securities). Confirm the transfer request. Fidelity will send the ACAT request to Robinhood electronically, and you will receive a confirmation number.

What happens during the 5 to 7 business day wait

Once Fidelity submits the transfer request, Robinhood has up to three business days to acknowledge it. You will see a status update in your Fidelity account. Your stocks remain invested in Robinhood during this time, so you are still exposed to market movements — if the market drops, your holdings drop with it.

You cannot buy or sell any of the securities being transferred while the ACAT is in progress. If you need to trade, you can do so with any holdings you did not include in the transfer, or you can wait until the transfer completes.

Check your Fidelity account periodically for updates. Once the transfer settles, your stocks will appear in your Fidelity account with the same cost basis (the price you originally paid). This is important for tax purposes — Fidelity will have your historical purchase information.

Holdings that may not transfer or will be liquidated

Fractional shares will be sold at market value. If you own 10.5 shares of a stock, the 0.5 share will be liquidated, and the proceeds will arrive as cash in your Fidelity account. Whole shares transfer normally.

Cryptocurrency held in Robinhood cannot transfer to Fidelity. Robinhood will liquidate any crypto holdings at market value before the transfer, and the cash proceeds will move to Fidelity. If you want to keep crypto, you will need to move it to a crypto wallet or exchange separately before initiating the ACAT.

Options contracts and certain other complex securities may not transfer. Robinhood will close these positions at market value before the transfer. If you have options or other holdings you are unsure about, contact Fidelity before starting the transfer to confirm whether they will move.

Fees and what happens to your Robinhood account

Robinhood charges no fee to transfer out. However, Fidelity may charge an account transfer fee (typically $0 to $75) if you close your Robinhood account within a certain period — usually 30 to 60 days after the transfer completes. You can avoid this fee by keeping your Robinhood account open for at least 60 days after the transfer, even if it is empty.

Once the transfer settles, your Robinhood account will show a zero balance for the securities that moved. You can close the account at that point if you want, or leave it open. If you leave it open, you can still use it to trade, but you will not have any holdings there unless you deposit new money.

Your Robinhood account history and tax documents remain available in Robinhood even after you close the account, so you can still download your 1099 forms or transaction history for tax purposes.

Frequently Asked Questions

Will my cost basis transfer to Fidelity?

Yes. Fidelity receives your cost basis (the price you paid for each share) as part of the ACAT transfer. This information is crucial for calculating capital gains or losses when you eventually sell. Fidelity will display your cost basis in your account, and you can use it to generate tax reports.

What if my transfer gets stuck or takes longer than 7 days?

Contact Fidelity's transfer team. They can check the status with Robinhood and push for completion if there is a delay. Delays sometimes happen if there are data mismatches or if Robinhood is processing a high volume of transfers. Fidelity can usually resolve this within a few business days.

Can I transfer from a Robinhood IRA to a Fidelity IRA?

Yes, but the receiving account at Fidelity must be the same type of IRA. A Robinhood Traditional IRA transfers to a Fidelity Traditional IRA, and a Robinhood Roth IRA transfers to a Fidelity Roth IRA. The process is the same, and the transfer is still free. Fidelity will handle the IRA-to-IRA transfer rules automatically.

Do I have to transfer everything, or can I move just some stocks?

You can transfer specific holdings if you want. During the transfer request, Fidelity will let you choose which securities to move and which to leave behind. However, transferring everything at once is simpler and reduces the chance of forgetting a position.

What if I have unsettled cash in Robinhood?

Unsettled cash (money from a recent sale that has not yet cleared) typically does not transfer. Only settled cash and securities transfer. If you have unsettled cash, wait for it to settle before initiating the transfer, or contact Fidelity to ask how they handle it in your specific situation.