How to Avoid Transfer Fees When Moving From Robinhood to Fidelity
If you’re planning to transfer stocks from Robinhood to Fidelity, one of the biggest concerns is the Robinhood transfer fee. Robinhood charges a $100 ACATS fee, which can feel expensive—especially for small or mid-size accounts.
The good news? While you can’t remove the fee entirely, there are smart ways to avoid paying it out of pocket or reduce its impact. This guide explains how to move your investments strategically and minimize costs during a Robinhood to Fidelity transfer.
Why Does Robinhood Charge a Transfer Fee?
Robinhood charges a $100 ACATS transfer fee when you move stocks or other eligible assets to another brokerage.
Key Facts About the Robinhood Transfer Fee
- Applies to full and partial transfers
- Charged by Robinhood, not Fidelity
- Automatically deducted from your Robinhood cash balance
- Non-refundable by Robinhood
Understanding this fee is the first step to avoiding unnecessary costs.
Can You Avoid the Robinhood Transfer Fee Completely?
No, the Robinhood transfer fee cannot be waived by Robinhood itself.
However, you can avoid paying it out of pocket using one of the strategies below.
1. Request Fee Reimbursement From Fidelity
The most effective way to avoid paying the transfer fee is to request reimbursement from Fidelity.
How Fee Reimbursement Works
- Fidelity may reimburse the $100 fee
- Approval depends on account value and transfer size
- Reimbursement is not automatic
- You must request it after the transfer completes
This is why many investors choose to transfer from Robinhood to Fidelity instead of other brokerages.
2. Transfer All Assets at Once: Avoid Multiple Fees
If you plan to move your account, do a full transfer instead of multiple partial transfers.
Why this matters:
- Robinhood charges the fee per transfer
- Multiple partial transfers can cost more than $100 total
- A single full transfer limits the fee to once
This is a simple but often overlooked way to reduce costs.
3. Withdraw Cash Instead of Transferring Stocks
If your account is small or mostly cash, it may be cheaper to avoid ACATS entirely.
Alternative Option:
- Sell your investments
- Use how to transfer money from Robinhood to bank
- Reinvest later at Fidelity
Standard ACH withdrawals are free, though this option may create a taxable event.
4. Avoid Using Robinhood Wire Transfers
Some users consider a Robinhood wire transfer as an alternative.
Why This Usually Doesn’t Help:
- Wire transfers only move cash, not stocks
- Wire transfers may include additional bank fees
- Does not avoid selling assets first
ACATS remains the best option if you want to move investments without selling.
5. Keep Enough Cash to Cover the Fee
Robinhood automatically deducts the transfer fee from your cash balance.
Before initiating the transfer:
- Leave at least $100 in available cash
- Avoid transfer failures or account issues
- Prevent liquidation of assets to cover the fee
This helps ensure a smooth Robinhood to Fidelity transfer.
How to Transfer From Robinhood to Fidelity: Quick Overview
If you’re searching for how to transfer Robinhood to Fidelity, here’s a simplified process:
- Open a Fidelity brokerage account
- Initiate the transfer from Fidelity’s platform
- Select Robinhood as the delivering broker
- Choose full or partial transfer
- Submit and wait 5–7 business days
Fidelity handles the ACATS process on your behalf.
What Assets Can Be Transferred?
You can typically transfer:
- Stocks
- ETFs
- Some options
You cannot transfer:
- Fractional shares (they are sold)
- Cryptocurrencies
- Unsettled trades
Is Transferring Stocks Taxable?
No. ACATS transfers are not taxable events because assets move without being sold.
Taxes only apply if you sell assets before transferring.
How to Contact Robinhood Immediately About Transfer Issues
If you encounter problems with fees or transfers:
- Use in-app support (Menu → Help → Contact Us)
- Request a callback or Call Directly at +1(747) 205-0398
- Check the Help Center for ACATS-related topics
Robinhood does not offer a public phone number, but callbacks are typically fast.
The Smart Way to Avoid Transfer Fees
While you can’t eliminate the Robinhood transfer fee, you can avoid paying it yourself by planning ahead. Requesting reimbursement from Fidelity, doing a single full transfer, or choosing a cash withdrawal strategy can significantly reduce your costs.
If you’re serious about long-term investing, moving your account efficiently makes the how to transfer stocks from Robinhood to Fidelity well worth it.
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