Moving Brokerage Accounts Between Robinhood and Fidelity
Most of the old paperwork and long wait times are gone—at least for standard brokerage transfers. With current online tools, moving assets between firms is usually pretty simple. Use the guide below to move investment accounts between Robinhood and Fidelity.
Transfer from Fidelity to Robinhood
Robinhood accepts electronic incoming transfers, so moving eligible Fidelity holdings into Robinhood is usually possible.
First Task: Open a Robinhood Account
Although this may sound obvious, you do need to open a Robinhood account if you don’t already have one. An existing account can be used as well. There is one important requirement, however: the name and account registration on the Robinhood account must match the Fidelity account you are transferring from. If they do not match, the transfer request can be rejected, and you may need to open a new Robinhood account with the proper registration.
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Second Task: Organize Your Fidelity Account
This step may require a little preparation. Fidelity offers many products that Robinhood does not. Assets Robinhood doesn’t support generally can’t be moved into Robinhood through ACATS, and trying to include them can cause the request to be delayed or rejected.
Examples of holdings at Fidelity that may not be eligible to move into Robinhood include mutual funds, many fixed-income products (like individual bonds), annuities held outside a standard brokerage account, and many over-the-counter securities. There are three ways these assets can be handled:
(1) Move them to a separate account;
(2) Liquidate them and move the cash;
(3) Do a partial transfer and leave them in the Fidelity account.
Robinhood supports only certain account registrations for incoming electronic transfers, such as individual and joint taxable accounts and Traditional and Roth IRAs. The account type at Fidelity and the account type at Robinhood must match for the ACATS transfer to go through.
Robinhood typically won’t accept incoming transfers of option contracts that are very close to expiration (commonly those expiring within 7 days), so these positions need to be handled before submitting a request.
Third Task: Organize Your Robinhood Account
Cash can be moved into a Robinhood account, and an eligible margin debit may be transferable if the receiving account supports margin. If you have a margin balance at Fidelity, you can pay it down before requesting the transfer. If you want to move a margin balance, your Robinhood account generally needs to be enabled for margin (Robinhood Gold is Robinhood’s margin-related subscription).
If you plan to transfer options (that are eligible for transfer), options trading needs to be enabled on the Robinhood account. You’ll also want an options approval level that can accept the positions you plan to receive.
Fourth Task: Submit the Transfer
The receiving brokerage firm, not the outgoing one, handles the transfer request. Open the Robinhood
app and go into the account settings (little man in the bottom-right corner and then the three
horizontal lines in the top-left portion), then tap on Transfers. On the next page, tap on the link that
says "Transfer accounts in".
This will bring up the broker’s digital transfer form. Scroll down through the list of available outgoing brokerage firms and select Fidelity. Fill in the required information, including whether you want a full or partial transfer.
If you choose a partial transfer, you’ll need to select the exact assets and share amounts to move
over. Fractional shares generally can’t be transferred in-kind; they are usually liquidated and sent as cash.
Once the transfer form is complete, Robinhood will notify Fidelity, and the transfer process will begin.
Timing and Cost
Electronic transfers typically take about 5 to 7 business days, depending on what is being moved and whether there are any issues with the request. Fidelity’s pricing page lists an account transfer-out fee of $0.
Robinhood Promotion
3% deposit match and FREE stock worth up to $200 at Robinhood.
Transfer from Robinhood to Fidelity
Moving a securities account in the other direction follows many of the same rules, with one major exception involving cryptocurrency.
First Task: Open the Right Account at Fidelity
You’ll need a Fidelity account that matches the registration of the Robinhood account you’re transferring from (for example, individual, joint, Traditional IRA, or Roth IRA). The name on the Fidelity account must also match the name on your Robinhood account, otherwise the request can be rejected.
At the top of the Fidelity website, there is a link to open a new account. The online form only takes a few minutes to complete.
Second Task: Get Your Robinhood Account Ready
Cryptocurrencies held at Robinhood cannot be transferred through ACATS. ACATS transfers support cash and eligible securities, which means crypto positions will need to be left behind or liquidated (if you want the cash moved).
Make sure you are transferring from the Robinhood brokerage account that holds your stocks, ETFs, options, and cash (not any separate crypto-only experience, if applicable).
Options with less than a week remaining until expiration generally won’t transfer. This is a Robinhood policy. You can close these positions or do a partial transfer that excludes them.
Open orders and unsettled trades should be cleared out of the Robinhood account before requesting a transfer.
Fractional shares generally can’t be moved in-kind. You can transfer whole shares in a partial transfer or allow fractions to be converted into cash during the transfer process.
Third Task: Get Your Fidelity Account Ready
A margin debit may be transferred into a Fidelity account, but the Fidelity account generally needs to be enabled for margin to receive margin positions or a margin balance. If you didn’t apply for margin at the start, you can often add it to an open account.
If you have options coming over from Robinhood (that are eligible for transfer), make sure your Fidelity account is approved for options trading at the proper level. If you didn’t add options during the original application, you can often add that feature later on an eligible account.
Fourth Task: Transfer Activation
On the Fidelity website, hover over the Accounts & Trade tab in the top menu. Then click on Transfers. On the Transfers page, there are several links. You want the one that says Deposit, withdraw, or transfer money. With this link you’ll get the digital transfer form. For the outgoing brokerage firm, specify Robinhood. Enter your Robinhood account number and specify full or partial transfer. Once submitted, Fidelity will take over.
An e-transfer request can also be made through the Fidelity mobile app. Tap on the Transact button in the bottom menu and then select Transfer. On the transfer funds form, the From field has an option to transfer investments from an external broker-dealer. Select this choice and Fidelity’s app will take you to the mobile website where you’ll be able to complete the same steps outlined above.
Cost
Robinhood charges a $100 outgoing ACATS transfer fee for transfers out, and the fee applies to both full and partial transfers. Fidelity does not charge a fee to move assets in from another institution. Some brokers may reimburse transfer fees in certain situations, but this is usually handled case-by-case and may depend on the amount transferred and other factors.
Updated on 4/6/2026.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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