How To Transfer From Fidelity To TD Ameritrade 2024

There comes a time when many decide to transfer out of one brokerage account and into another.

In this guide, we'll walk you through the process of transferring your stocks from Fidelity to TD Ameritrade, ensuring a smooth transition.

Check out my video on how to transfer your brokerage account below, let's dive in!

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Here's what you need to know:

• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
• All Robinhood investors will get a 1% Match on what they Contribute or Transfer
• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotion

Brokerage	Promotion	Link
	1 Free Fractional Share Worth Up To $200	Learn More
	Earn Up To 40 Free Fractional Shares	Learn More
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	$20 Bonus When You Invest $5+	Learn More

ACATS Transfer

The easiest and quickest method to transfer your Fidelity brokerage or retirement account to TD Ameritrade is by utilizing the ACAT system.

ACAT, or Automated Customer Account Transfer, is an electronic service designed to seamlessly move securities between brokerage accounts. This method eliminates the need for physical paperwork, making the transfer process efficient.

Fidelity supports outbound ACAT transfers, and they don't charge any fees for this.

Eligible Assets

You can transfer stocks, options, ETFs and other assets into your TD Ameritrade account from another firm.

1. Open A TD Ameritrade Account

The process is simple from the TD Ameritrade platform:

1. The first step is to set up a TD Ameritrade account within the app. There is no initial deposit required to open an account with TD Ameritrade.
2. The next step is to make sure the name on your Fidelity account matches the name(s) on your receiving TD Ameritrade account.
3. After logging in to your new TD Ameritrade account, go to My Account > Account Transfer. 

2. Locate Your Fidelity Account Number

To initiate the transfer, you'll need to provide your Fidelity account number.

You can find this information on your Fidelity account statements.

Here's how to retrieve a copy of your most recent Fidelity statement:

1. Log on to the Fidelity.com website
2. Click on 'Accounts & Trade' at the top left of the website
3. Select 'Statements'
4. Download a recent Statement
5. Open to view your Account Number

3. Initiate The Transfer

Finally, initiate the ACATS transfer within TD Ameritrade.

The standard time period it takes for the transfer into your new TD Ameritrade account is about a week.

Once the transfer process begins, your Fidelity account will be restricted from placing new trades.