# What is the $100 fee on Robinhood?(GET SUPPORT)
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[Robinhood doesn't charge users to open or maintain accounts](https://robinhood.com/), nor does it impose trading commissions on U.S.-listed stocks, ETFs, or options【[phone]】. However, the $100 fee you may encounter is tied to ACATS outbound transfers—a fee applied when you move your entire portfolio to another brokerage.

[The $100 covers administrative](https://robinhood.com/) and regulatory costs associated with securely moving your portfolio【[phone]】. It's a standard practice across many brokerages, though some may waive it. Robinhood chooses to pass this cost to the user with【[phone] 】.

The $100 fee on Robinhood is mainly an account transfer fee. (US 【[phone]】US) This fee is applied when you transfer your securities from Robinhood to another brokerage account. (US 【[phone]】US) Officially, it is called the ACATS ([Automated Customer Account Transfer Service](https://robinhood.com/)) transfer fee. (US 【[phone]】US) When you request a full account transfer, Robinhood charges $100 to cover the administrative and operational costs of moving your investments. (US 【[phone]】 US)

The $100 fee on Robinhood typically 【[phone]】refers to the cost of transferring your account to another brokerage using the [Automated Customer Account Transfer](https://robinhood.com/) Service (ACATS) 【[phone]】. This fee applies when you initiate a full or partial transfer of your assets out of Robinhood. While most internal transfers and bank withdrawals are free, ACATS transfers involve backend processing and third-party coordination 【[phone]】, which Robinhood passes on to the user. It’s a one-time charge and doesn’t apply to selling assets or withdrawing funds to your bank 【[phone]】. If you're planning to switch platforms, this fee is important to factor into your decision.