Yes, you can transfer stocks from Robinhood to Fidelity

You can move stocks, ETFs, and some other investments from your Robinhood account to a Fidelity account. Robinhood calls this an outgoing transfer, and Fidelity calls it an incoming transfer. The process takes place between the two brokers — you do not sell your holdings or move money yourself. Your positions stay invested during the transfer, though the exact timeline and any fees depend on which Robinhood account type you hold and what you are moving.

The transfer uses a system called ACATS (Automated Customer Account Transfer Service), which is the standard method brokers use to move accounts. Fidelity handles most of the work on its end; you initiate the request through Robinhood or ask Fidelity to pull the transfer, and the two firms communicate directly.

Key Takeaways

  • You start the transfer either by submitting a form to Robinhood or by opening a new Fidelity account and asking Fidelity to initiate the pull.
  • Robinhood charges $75 for outgoing transfers of stocks and ETFs, though some account types or situations may have different fees.
  • The transfer typically takes five to seven business days, during which your positions remain invested but you cannot trade them.
  • Fractional shares, options, and certain other holdings may not transfer and will be liquidated at Robinhood before the transfer completes.
  • You keep the same cost basis and holding period for tax purposes, so the transfer itself does not trigger a taxable event.

What Robinhood charges to transfer out

Robinhood charges $75 per outgoing transfer for stocks and ETFs. This fee is deducted from your Robinhood account balance, so you need at least $75 in cash available to cover it. If you do not have $75 in cash, you can deposit it before you submit the transfer request, or you can wait until you have enough from dividends or other deposits.

Some Robinhood account types or promotional offers may have different terms — for example, Robinhood Gold members or accounts opened under certain promotions may have reduced or waived fees. Check your account details or contact Robinhood directly to confirm what applies to your specific account before you start the transfer.

How to start the transfer from Robinhood

You have two ways to initiate the transfer: you can request it from Robinhood's side, or you can ask Fidelity to pull it. Most people find it faster to start at Fidelity.

Starting from Fidelity: Open a new brokerage account at Fidelity (or use an existing one if you already have an account there). In your Fidelity account, look for the option to transfer assets in — this is usually under Account Services or a similar menu. Fidelity will ask you for your Robinhood account details and what you want to move. Fidelity then sends the request to Robinhood, and Robinhood processes it from there. You do not need to do anything else at Robinhood.

Starting from Robinhood: In the Robinhood app or website, go to Account or Settings, find the transfer or withdrawal section, and look for an option to transfer to another broker. You will enter Fidelity's details and specify which holdings to move. Robinhood will show you the $75 fee and ask you to confirm. Once you confirm, Robinhood sends the request to Fidelity.

What happens to fractional shares and options

Robinhood will not transfer fractional shares — these are sold automatically at Robinhood before the transfer goes through. If you own 10.5 shares of a stock, the 0.5 fractional share is liquidated, and the cash from that sale is added to your Robinhood account. You can then transfer the cash separately or leave it at Robinhood.

Options contracts also cannot transfer to Fidelity through ACATS. If you hold options in your Robinhood account, they will be closed (sold to close) automatically before the transfer. The proceeds go into your Robinhood cash balance. Fidelity will accept the transfer of your other holdings, but the options must be handled separately.

Cryptocurrency held in Robinhood also does not transfer — Robinhood will liquidate any crypto positions and deposit the cash into your account. You can then move that cash to Fidelity or keep it at Robinhood.

Timeline and what happens to your account during the transfer

The transfer typically takes five to seven business days from the time Robinhood receives the request. Weekends and market holidays do not count toward this timeline. During this period, your stocks remain invested in their current positions — you are not forced to sell anything. However, you cannot trade, deposit, or withdraw from your Robinhood account while the transfer is in progress.

Once the transfer completes, your holdings appear in your Fidelity account in the same quantities and at the same cost basis you had at Robinhood. Your Robinhood account will show a zero balance for the transferred securities, though any cash left behind or fractional share proceeds will remain there.

Tax implications and cost basis

The transfer itself is not a taxable event — you are not selling your stocks, so there is no capital gain or loss to report. Your cost basis (the price you originally paid) and your holding period (how long you have owned each position) transfer with the shares to Fidelity. This matters because it affects how much tax you owe if you sell later and whether you may have access to for long-term capital gains rates.

Fidelity will receive your cost basis information from Robinhood through the ACATS transfer. You should verify this information in your Fidelity account once the transfer completes, because errors can happen. If Fidelity shows an incorrect cost basis, you can contact Fidelity to correct it — you will need documentation from Robinhood if there is a dispute.

What to do if the transfer fails or gets stuck

If the transfer does not complete within seven business days, contact Fidelity first. Fidelity can check the status with Robinhood and tell you whether the request is still pending, rejected, or delayed. Common reasons for delays include missing or incorrect account information, a cash balance that is too low to cover the $75 fee, or a mismatch in account registration (for example, if the names on the two accounts do not match exactly).

If Fidelity says the transfer was rejected by Robinhood, ask Fidelity what the reason was and whether you need to resubmit. If you started the transfer from Robinhood's side and it stalls, log into your Robinhood account and check the status under Account or Settings. You can also contact Robinhood's support to ask why the transfer has not gone through.

Frequently Asked Questions

Do I have to transfer my whole account, or can I move just some stocks?

You can transfer some holdings and leave others at Robinhood. When you submit the transfer request, you specify which stocks and ETFs to move. Fractional shares and options will be liquidated regardless, but you can choose to leave whole shares behind if you want.

What if I have a Robinhood IRA instead of a regular brokerage account?

Robinhood IRAs can transfer to Fidelity IRAs, but the process is slightly different because IRAs have special tax rules. You must transfer an IRA to another IRA of the same type (traditional to traditional, Roth to Roth). The fee and timeline are similar, but you should confirm with both Robinhood and Fidelity that your IRA types match before starting.

Can I transfer cash from Robinhood to Fidelity at the same time?

The ACATS transfer moves only securities (stocks, ETFs, and similar holdings). Cash does not transfer through ACATS. You can withdraw cash from Robinhood separately and deposit it into Fidelity, or you can leave it at Robinhood. The $75 transfer fee is deducted from your Robinhood cash balance, so plan for that.

Will my dividend payments or interest change after the transfer?

No. Once your shares arrive at Fidelity, they pay dividends the same way they did at Robinhood. Fidelity may offer different reinvestment options or cash management features, but the dividends themselves are not affected by the transfer.

How do I know if the transfer was successful?

Log into your Fidelity account and check your positions — your transferred stocks should appear there with the same quantity and cost basis. You can also check your Robinhood account to confirm the transferred holdings now show a zero balance. Fidelity usually sends a confirmation email or notification once the transfer settles.