How To Transfer From Fidelity To Webull 2024

In this article, we will cover the necessary steps to transfer your stocks from Fidelity to Webull.

Webull does not support account transfers below $500 due to high transfer costs.

In addition, Webull supports individual cash and margin accounts, traditional IRAs, Roth IRAs, and Rollover IRAs only.

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

Transferring Assets From Fidelity To Webull

Both Webull and Fidelity support the ACATs transfer service (Automated Customer Account Transfer Service).

Good News! Fidelity does not charge any fees for a full or partial account transfer.

However, Fidelity supports numerous assets that are unsupported by Webull, including:

• Mutual Funds
• Bonds
• OTC Stocks

These unsupported assets will need to be sold off in order to initiate a full transfer. This could result in taxes being owed.

Brokers Eligible For Transfer

You can transfer stocks from various brokers, including but not limited to:

• Robinhood
• Fidelity
• Charles Schwab
• TD Ameritrade
• Scottrade
• E*TRADE
• Interactive Brokers
• Merrill Lynch
• Vanguard
• Firstrade
• SogoTrade

If your brokerage is not listed, you can check its eligibility for ACATS transfers by searching within the Webull app.

Navigate to the Webull Logo > Transfers > Transfer Stocks into Webull.

Here, you can search for your brokerage by name or DTC number.

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 Promotions

Brokerage	Promotion	Link
	1 Free Fractional Share Worth Up To $200	Learn More
	Earn Up To 40 Free Fractional Shares	Learn More
	5 Free Stocks When You Deposit $100+	Learn More
	$20 Bonus When You Invest $5+	Learn More

1. Open A New Webull Account

If you already have a Webull account, then you can skip this step.

Use our Webull download button below to get free stocks!

The whole process can be completed in just a few minutes from your phone. Once you complete the application, your new account will be ready immediately.

New to Webull? Check out my full tutorial below!

2. Locate Your Fidelity Account Number

To find your Fidelity account number through the Fidelity website, follow these simple steps:

1. Log in to your Fidelity account: Visit the Fidelity website and log in using your credentials.
2. Navigate to "Accounts & Trade": Once logged in, go to the "Accounts & Trade" section, which is typically located in the main navigation menu.
3. Click on "Account Positions": Within the "Accounts & Trade" section, find and click on the option labeled "Account Positions."
4. View your Fidelity accounts: After selecting "Account Positions," your Fidelity accounts will be displayed on the screen. Each account will be accompanied by its corresponding 9-digit account number.
5. Account Number Location: Look under the name of each specific account to find the associated 9-digit account number.

If you are unable to see your account number immediately, especially if you have recently opened the account, allow up to 24 hours for the account number to become visible.

3. Initiate The Transfer To Webull

Once you have gathered the required information from Fidelity, it's time to move on to Webull.

Webull will not perform the transfer unless the account type and name on the account is identical to the newly created Webull account.

Here are the steps to initiate the transfer:

1. Navigate to the account page by tapping on the Webull icon in the middle of the bottom navigation menu
2. Tap on "Transfers" which you can find along the top of the screen
3. Tap on "Transfer Stocks into Webull"
4. Click on "Transfer Assets into Webull"
5. Choose the broker to transfer from, which is Fidelity
6. Review the information and acknowledge that you confirmed the requirements
7. Tap "Continue"
8. Enter in your Fidelity Account number
9. Indicate whether you want to complete a full or partial transfer
10. Click on the “Submit Stock Transfer Request” button

A transfer into Webull is estimated to take 5 to 7 business days to come to completion.