Disclaimer: The content provided on this website is for informational and educational purposes only and does not constitute financial, investment, or tax advice. Investing in financial securities involves risk, including the possible loss of principal. Past performance is no guarantee of future results. All figures, transfer fees, and platform policies cited reflect current market data as of 2026 and are subject to change.
Robinhood is an incredible platform for beginner investors. Its sleek interface and zero-commission structure completely changed the financial industry. However, as your portfolio grows, you might find yourself outgrowing the app.
Many investors eventually transition to legacy brokerages like Fidelity to take advantage of advanced retirement accounts (like Roth IRAs), superior customer service, automated dividend reinvestment (DRIP) for fractional shares, and higher yields on uninvested cash.
If you have decided to make the switch, you might be worried about having to sell all your stocks, pay massive capital gains taxes, and manually move the cash. Fortunately, you don’t have to do that. You can transfer your actual shares of stock directly from Robinhood to Fidelity using a system called ACATS.
In this step-by-step guide, we will walk you through exactly how to transfer your portfolio, how to handle the $100 transfer fee, and what happens to your fractional shares and cryptocurrency during the move.
The Bottom Line (TL;DR)
If you are in a rush, here are the quick facts about the transfer:
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The Method: You will use the Automated Customer Account Transfer Service (ACATS). You must initiate the transfer from Fidelity’s website, not Robinhood’s.
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The Cost: Robinhood charges a $100 fee to transfer your assets out.
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The Timeline: A full account transfer typically takes 3 to 5 business days.
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Taxes: Transferring whole shares is not a taxable event. You are just moving them from one vault to another.
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Fractional Shares & Crypto: You cannot transfer fractional shares or cryptocurrency to Fidelity. They will be automatically sold for cash, and the cash will be transferred.
Step 1: Prepare Your Robinhood Account
Before you initiate anything, you need to make sure your Robinhood account is in good standing and ready to be moved. If you skip this step, your transfer will be delayed or rejected.
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Settle All Trades: If you just bought or sold a stock, wait 2 business days for the trade to fully settle.
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Clear All Bank Transfers: Ensure there are no pending ACH deposits or withdrawals between your bank and Robinhood.
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Resolve Margin Balances: If you are using Robinhood Gold and trading on margin, you must either deposit enough cash to cover your margin deficit or sell enough stock to bring your margin balance to zero.
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Have the $100 Fee Ready: Robinhood charges a $100 outgoing ACAT fee. It is highly recommended to leave at least $100 in uninvested cash in your Robinhood account so they can simply deduct the fee. If you don’t have the cash, the fee will be passed on to Fidelity, resulting in a negative cash balance in your new account.
Step 2: Open the Correct Fidelity Account
To transfer assets without triggering a taxable event, the account types and ownership names must match perfectly.
Since most Robinhood accounts are standard individual taxable accounts, you must open an Individual Brokerage Account at Fidelity.
Note: You cannot transfer an Individual Brokerage account on Robinhood directly into a Roth IRA on Fidelity. The account types must match.
Step 3: Initiate the Transfer Through Fidelity
This is the most common mistake beginners make: they try to find a “Transfer Out” button on Robinhood. You must “pull” the assets from Fidelity; you do not “push” them from Robinhood.
Here is the exact process:
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Log in to your Fidelity account on a desktop computer.
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Click on the “Transfers” tab at the top of the screen.
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Select “Transfer an account to Fidelity”.
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Type “Robinhood” into the search bar when asked where your assets are coming from. (You may also need to enter your 9-digit Robinhood account number, which can be found in the Robinhood app under Menu > Investing).
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Choose whether you want a Full Transfer (moving everything and closing your Robinhood account) or a Partial Transfer (moving only specific stocks and leaving Robinhood open).
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Review and submit the request.
Step 4: What Happens to Fractional Shares and Crypto?
The ACATS system was built for traditional stock trading and can only process whole shares.
If you own 10.5 shares of Apple on Robinhood and request a full transfer, here is exactly what happens:
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The 10 whole shares of Apple will be transferred safely to Fidelity.
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The 0.5 fractional share will be automatically liquidated (sold at current market price) by Robinhood. The cash from that sale will be transferred to Fidelity a few days after the main transfer completes. (Note: Because this fraction is sold, it is technically a taxable event, but the tax implications are usually negligible).
Cryptocurrency: Fidelity’s standard brokerage accounts do not hold raw cryptocurrency like Bitcoin or Ethereum. If you hold crypto on Robinhood, it will not transfer. You must either sell your crypto on Robinhood before the transfer or leave it there and do a partial transfer of just your stocks.
Step 5: The Waiting Period
Once you submit the request through Fidelity, the waiting game begins.
A full ACAT transfer generally takes 3 to 5 business days. During this time, your Robinhood account will be restricted. You will not be able to buy or sell stocks, withdraw cash, or make deposits.
It is completely normal for your Robinhood balance to temporarily disappear or look strange during this window. Do not panic. You can track the progress of the transfer directly from the “Transfers” page on your Fidelity dashboard.
Can You Get the $100 Fee Reimbursed?
Nobody likes paying a $100 exit fee. Fortunately, Fidelity is highly motivated to win your business.
While policies fluctuate, Fidelity will often reimburse the $100 transfer fee charged by Robinhood if the total value of the assets you are transferring exceeds $25,000.
If you transfer an account larger than $25,000, wait until the transfer is completely finished and the $100 fee shows up. Then, call Fidelity’s customer service line or use their secure live chat to politely request a fee reimbursement. They will almost always credit the $100 back to your account. If your account is smaller than $25,000, you will unfortunately have to absorb the cost.
Final Thoughts
Moving from Robinhood to Fidelity is a major step in your investing journey. While Robinhood’s interface is beautiful, Fidelity offers the institutional strength, research tools, and customer support necessary to manage serious, long-term wealth.
Take 15 minutes to initiate the transfer today, absorb the $100 fee as the cost of upgrading your financial infrastructure, and enjoy the robust features of your new Fidelity account.