How to transfer your Robinhood account to Fidelity

You move money and investments from Robinhood to Fidelity by requesting an ACATS transfer (Automated Customer Account Transfer Service) through Fidelity. Fidelity handles most of the work — you open a Fidelity account, tell Fidelity you want to transfer in your Robinhood holdings, and Fidelity contacts Robinhood to move the assets. The process typically takes 5 to 7 business days, though it can stretch to 10 days if your account holds certain investments or if there are delays on Robinhood's end.

You do not close your Robinhood account yourself. Once the transfer completes, Robinhood will close it automatically. If you have unsettled cash or pending trades, those must clear before the transfer can begin.

Key Takeaways

  • Open a Fidelity brokerage account before you start the transfer — Fidelity needs an active account to receive your holdings.
  • Request the transfer through Fidelity's website or by phone; Fidelity will contact Robinhood on your behalf to move your stocks, ETFs, and cash.
  • Make sure all trades have settled and you have no pending orders in Robinhood, or the transfer will be delayed.
  • The transfer usually takes 5 to 7 business days, and you cannot trade during this time — your Robinhood account will be locked.
  • Fidelity does not charge a transfer fee, but Robinhood may charge an account closure fee (currently $75 if you close within 30 days of opening).

What you need before you start

You need an open Fidelity brokerage account. If you do not have one, create it on Fidelity's website before you request the transfer. Fidelity will ask for your name, Social Security number, address, and employment information — the same details you provided to Robinhood.

Check your Robinhood account for unsettled trades or pending orders. Stock trades settle in 2 business days; if you bought or sold anything in the last 2 days, wait for those trades to settle before starting the transfer. Pending orders (buy or sell orders you placed but have not executed) will block the transfer, so cancel any open orders in Robinhood first.

Gather your Robinhood account number. You can find it in Robinhood's Account menu under Account Information. You will need this when you contact Fidelity.

Starting the transfer through Fidelity

Log into your Fidelity account and go to the Transfers section. Select "Transfer Securities" or "Move Money In," then choose "Transfer from another brokerage." Fidelity will ask you to enter your Robinhood account number and confirm the assets you want to move.

You can transfer all your holdings at once or select specific stocks and ETFs to move. If you want to leave some investments in Robinhood, tell Fidelity which ones to transfer and which to leave behind. Cash transfers automatically with your securities unless you specify otherwise.

Fidelity will show you an estimate of the transfer timeline — usually 5 to 7 business days. Once you submit the request, Fidelity sends an electronic instruction to Robinhood. You will receive a confirmation email from Fidelity with a reference number for the transfer.

What happens while the transfer is in progress

Your Robinhood account will be locked during the transfer. You cannot buy, sell, or withdraw money. Your holdings remain in Robinhood until they physically move to Fidelity, so you are still exposed to market movements — if the market drops, your account value drops with it.

Check the status of your transfer in Fidelity's account dashboard. Fidelity updates the status as Robinhood processes the request. If the transfer stalls (usually because of unsettled trades or pending orders), Fidelity will contact you to resolve the issue.

Do not close your Robinhood account during the transfer. Closing it early can interrupt the process and cause delays. Let Robinhood close it automatically once the transfer completes.

After the transfer completes

Your stocks, ETFs, and cash will appear in your Fidelity account. The holdings keep their original cost basis and holding period — Fidelity imports this information from Robinhood, so your tax records stay intact. This matters if you sell an investment later; the cost basis determines your capital gain or loss.

Your Robinhood account will close automatically within a few days of the transfer completing. You will receive a final statement from Robinhood showing the account closure date.

If Robinhood charged an account closure fee (currently $75 if you close within 30 days of opening the account), that fee will be deducted from your Robinhood cash before the transfer. If you had a negative balance, Robinhood may bill you after the account closes.

What to do if the transfer gets stuck

Transfers most often stall because of unsettled trades, pending orders, or margin balances in Robinhood. If your transfer does not complete within 10 business days, contact Fidelity's transfer team. They can see exactly what Robinhood is holding up the process and tell you what to fix.

If Robinhood is the bottleneck, Fidelity can sometimes escalate the request or contact Robinhood directly on your behalf. You can also call Robinhood's support line to ask about the delay, though Robinhood's phone support is limited — email is often faster.

In rare cases, if Robinhood does not respond within 30 days, you may need to withdraw your money from Robinhood manually and deposit it into Fidelity instead. This is slower and may trigger tax consequences if you sell investments to raise cash, so exhaust the ACATS route first.

Robinhood fees and what they mean for your transfer

Fidelity does not charge a transfer fee. Robinhood may charge an account closure fee of $75 if you close your account within 30 days of opening it. This fee is deducted from your Robinhood cash balance before the transfer, so it reduces the amount of cash that moves to Fidelity.

If you opened your Robinhood account more than 30 days ago, you will not owe this fee. Check your Robinhood account creation date in the Account Information section to confirm.

Frequently Asked Questions

Can I transfer fractional shares from Robinhood to Fidelity?

No. ACATS transfers do not move fractional shares. Robinhood will sell any fractional shares you own and include the cash proceeds in your transfer. This sale may trigger a taxable event if the fractional shares have gained value since you bought them.

What happens to my Robinhood crypto if I transfer?

Cryptocurrency does not transfer through ACATS. You must sell your crypto in Robinhood before the transfer or leave it behind. If you sell it, the proceeds move to Fidelity as cash. If you leave it in Robinhood, your account will not fully close until you withdraw or sell the crypto.

Will my cost basis transfer to Fidelity?

Yes. Fidelity receives your cost basis and holding period information from Robinhood as part of the transfer. This data is used to calculate capital gains or losses if you sell the investment later. You can view your cost basis in Fidelity's account dashboard.

Can I transfer only some of my holdings and leave the rest in Robinhood?

Yes. When you request the transfer through Fidelity, you can select which stocks and ETFs to move and which to leave behind. Cash transfers with your securities unless you specify otherwise. Your Robinhood account will remain open if you leave holdings behind.

What if I have a margin balance in Robinhood?

You must pay off any margin balance before the transfer can complete. Contact Robinhood to settle the balance, then request the transfer. Robinhood will not release your account until the margin is cleared.