Does Fidelity Cover Robinhood’s $100 Transfer Fee? Everything You Need to Know
Many investors switching brokerages ask an important question: Does Fidelity cover Robinhood’s $100 transfer fee? The answer can directly impact your decision when planning to transfer stocks from Robinhood to Fidelity.In this guide, we’ll explain how the Robinhood transfer fee works, when Fidelity may reimburse it, and how to move your investments efficiently—without unnecessary costs or surprises.
What Is the Robinhood Transfer Fee?
When you initiate an ACATS transfer to move your investments to another brokerage, Robinhood charges a $100 transfer fee.Key Points About the Robinhood Transfer Fee
- Applies to full and partial ACATS transfers
- Charged by Robinhood, not Fidelity
- Automatically deducted from your Robinhood cash balance
- Non-refundable by Robinhood
Does Fidelity Cover Robinhood’s $100 Transfer Fee?
Yes—Fidelity may reimburse the $100 Robinhood transfer fee, but reimbursement is not guaranteed and depends on certain conditions.When Fidelity May Reimburse the Fee
- The transferred account meets minimum value requirements
- You request reimbursement after the transfer is complete
- The transfer is initiated through Fidelity
- Supporting documentation is provided if requested
How to Request Transfer Fee Reimbursement From Fidelity
If you plan to how to transfer stocks from Robinhood to Fidelity, follow these steps to improve your chances of reimbursement:- Complete the Robinhood to Fidelity transfer
- Wait until the assets fully settle at Fidelity
- Contact Fidelity customer support
- Request transfer fee reimbursement
- Provide proof of the Robinhood transfer fee if needed
Tip: Large account transfers are more likely to qualify for reimbursement.How to Transfer From Robinhood to Fidelity
If you’re searching for how to transfer Robinhood to Fidelity, here’s a simplified overview:
- Open a Fidelity brokerage account
- Initiate the transfer from Fidelity’s platform
- Select Robinhood as the delivering broker
- Choose a full or partial transfer
- Submit the request and wait for processing
How Long Does a Robinhood to Fidelity Transfer Take?
A typical transfer from Robinhood to Fidelity takes:- 5–7 business days
- Longer if there are unsettled trades or restrictions
What Assets Can Be Transferred?
You can usually transfer:- Stocks
- ETFs
- Some options positions
- Fractional shares are sold
- Cryptocurrency cannot be transferred
- Unsettled cash may delay the process
Robinhood ACATS Transfer vs. Wire Transfers
Some users consider alternatives like Robinhood wire transfer or cash withdrawals.Key Differences:
- ACATS transfer: Moves stocks without selling
- Wire transfer: Moves cash only
- Wire transfers do not avoid taxes on sold assets
Should You Withdraw Cash Instead of Transferring Stocks?
Withdrawing cash may be better if:- You want to reinvest later
- You don’t want to pay the ACATS fee
- You’re closing a small account
How to Contact Robinhood Immediately About Transfer Fees
If you have questions about the Robinhood transfer fee or a pending request:- Use in-app support (Menu → Help → Contact Us)
- Request a callback or Call Directly at +1(747) 205-0398
- Visit the Robinhood Help Center
Is the Transfer Fee Worth It?
While Robinhood’s $100 ACATS fee may feel expensive, many investors successfully offset it through Fidelity reimbursement. If you’re planning to transfer stocks from Robinhood to Fidelity, understanding the fee policy and reimbursement process can save you money and reduce stress.For long-term investors, the transfer is often worth it—especially when moving to a brokerage known for robust research tools and customer support.
How to Transfer Money from Robinhood to Bank
Can I Transfer my Robinhood Account to Fidelity
Can you Transfer Crypto from Robinhood to Coinbase
How to Withdraw Money Robinhood
How to Contact Robinhood Immediately
How to Transfer Brokerage Cash from Robinhood Bank Account
How to Transfer from Bobinhood to Fidelity