How to transfer stocks from Robinhood to Fidelity

You can move stocks from Robinhood to Fidelity through a process called an Automated Customer Account Transfer Service (ACATS) transfer. Fidelity handles most of the work once you initiate the request. You'll need to open a Fidelity brokerage account first, then ask Fidelity to pull your positions from Robinhood. The transfer typically takes 5 to 7 business days, though it can take longer if Robinhood or Fidelity encounters a problem with your account details.

You do not have to sell your stocks to move them. The shares transfer as-is, keeping their cost basis and holding period intact for tax purposes. However, some stocks or fractional shares may not transfer smoothly, and you may need to handle those separately.

Key Takeaways

  • Open a Fidelity brokerage account before you start the transfer, because Fidelity needs an active account to receive your positions.
  • Request the transfer through Fidelity's website or by phone; Fidelity will contact Robinhood on your behalf and you do not need to call Robinhood directly.
  • Fractional shares and certain stocks may not transfer and will be sold automatically, so check your holdings beforehand if you own partial positions.
  • The transfer takes 5 to 7 business days under normal circumstances, but delays can occur if account information does not match between the two brokers.
  • Your cost basis transfers with your shares, so your tax records remain accurate when you file.

Open a Fidelity brokerage account

You need an active Fidelity account before Fidelity can receive your stocks. Go to Fidelity's website and select the brokerage account type that matches what you want to do. Most people choose a standard individual brokerage account, but if you have a Robinhood IRA or retirement account, you'll need to open the same account type at Fidelity.

During signup, Fidelity will ask for your Social Security number, address, employment information, and funding source. You do not need to fund the account with cash—Fidelity will accept your transferred stocks into an empty account. The account opens when ready, though Fidelity may place a brief hold on certain features while it verifies your identity.

Gather your Robinhood account details

Before you contact Fidelity, log into Robinhood and write down your account number. You'll find it in your account settings or profile section. Also note any fractional shares you own, because these typically will not transfer and Robinhood will sell them automatically during the process.

Check whether you hold any penny stocks, over-the-counter (OTC) stocks, or international stocks. Fidelity may not accept all of these, and Robinhood will liquidate them if they cannot transfer. If you own positions you want to keep, contact Fidelity before starting the transfer to confirm they can receive them.

Request the transfer through Fidelity

Log into your new Fidelity account and look for the "Transfer Funds" or "Move My Money" option. Fidelity typically places this in the account management or settings area. Select the option to transfer stocks (not cash), and choose Robinhood as the sending broker.

Fidelity will ask you to confirm your Robinhood account number and the positions you want to move. You can transfer all holdings at once or select specific stocks. Once you submit the request, Fidelity sends an electronic instruction to Robinhood. You do not need to contact Robinhood or approve anything on their end—the brokers communicate directly through ACATS.

If you prefer to speak with someone, Fidelity's phone line can start the transfer for you. Call 1-800-343-3548 and tell them you want to transfer stocks from Robinhood. A representative will walk you through the details and submit the request on your behalf.

What happens to fractional shares and unsupported stocks

Robinhood will automatically sell any fractional shares (for example, 2.5 shares of a stock) before the transfer begins. The proceeds are sent to your Fidelity account as cash. This happens because ACATS transfers only whole shares, and Robinhood cannot split a partial position between two brokers.

If Fidelity cannot receive a stock—usually because it is a penny stock, OTC security, or international holding—Robinhood will sell it and deposit the cash into your Fidelity account. You'll see a list of liquidated positions in your Robinhood account a few days before the transfer completes. If you want to keep those positions, you can repurchase them at Fidelity after the transfer finishes, though the price may have changed.

Track the transfer status

Fidelity sends you an email confirmation when the transfer request is submitted. Check your email for a reference number and expected completion date. You can log into Fidelity and check the transfer status under your account activity or transfers section.

Most transfers complete within 5 to 7 business days. If your transfer takes longer, it usually means Robinhood is verifying account details or there is a mismatch between the information you provided to each broker. Fidelity will contact you if there is a problem. Do not close your Robinhood account until the transfer is fully complete and all your stocks appear in Fidelity.

After the transfer completes

Once your stocks arrive at Fidelity, they appear in your account with their original cost basis and purchase dates intact. You can now buy, sell, or manage them through Fidelity's platform. Your tax records are preserved, so when you file taxes, you'll have accurate information about when you bought each position and what you paid.

You can close your Robinhood account once you've confirmed all your positions transferred successfully. Log into Robinhood, go to account settings, and look for the option to close or deactivate your account. Robinhood may ask why you're leaving, but you're not required to answer. Any remaining cash in your Robinhood account will be returned to the bank account you linked to it.

Frequently Asked Questions

Can I transfer options or crypto from Robinhood to Fidelity?

No. ACATS transfers only stocks and some mutual funds. Robinhood will sell any options or cryptocurrency holdings before the transfer begins and deposit the cash into your Fidelity account. If you want to keep those positions, you'll need to repurchase them at Fidelity after the transfer completes.

Will I owe taxes on the transfer?

No. Moving stocks between brokers is not a taxable event. Your cost basis and holding period transfer with the shares, so you won't face unexpected tax bills. When you eventually sell a stock at Fidelity, you'll pay taxes only on the gain or loss from your original purchase price.

What if my transfer gets stuck or delayed?

Contact Fidelity first, because they can see the status on their end and often can resolve delays faster than Robinhood. If Fidelity finds a mismatch in your account information—like a different spelling of your name or address—they'll ask you to correct it. Once corrected, the transfer usually resumes within a day or two.

Can I transfer only some of my stocks?

Yes. When you request the transfer through Fidelity, you can choose which stocks to move and which to leave at Robinhood. However, most people transfer everything at once to avoid managing accounts at two brokers. If you do leave some stocks behind, remember that Robinhood will still charge you if you keep an account open there.

Do I have to pay a fee to transfer?

Fidelity does not charge a fee to receive your stocks. Robinhood does not charge an outgoing transfer fee either. However, if you close your Robinhood account within 30 days of opening a new brokerage account elsewhere, Robinhood may charge a $75 account closure fee in some cases. Check Robinhood's current policies before you close your account.