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
This fee applies whether you’re doing a full Robinhood to Fidelity transfer or moving only selected securities.
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
Fidelity reviews reimbursement requests on a case-by-case basis, so approval is not automatic.
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: