The basic steps to move money out of Robinhood
To withdraw cash from Robinhood, you transfer it from your Robinhood account back to the bank account you linked when you signed up. The process takes three to five business days once you initiate it. You can withdraw any cash sitting in your account — money you deposited, dividends you received, or proceeds from selling stocks or other investments.
The withdrawal itself is free. Robinhood does not charge a fee to move money out. However, your bank may charge a fee for receiving an incoming transfer, though most do not. You can withdraw as much as you want, as long as the money is actually in your account and not tied up in unsettled trades.
The money you see in your "Buying Power" or cash balance is what you can withdraw. If you have pending stock or crypto trades that have not yet settled, that money is not yet available to move. Stock trades settle in two business days; crypto trades settle when ready in most cases.
Key Takeaways
- Withdrawals go to the bank account you linked to Robinhood and take three to five business days to arrive.
- You can only withdraw cash that has settled — money from stock sales takes two business days to become available.
- Robinhood charges no withdrawal fee, but you should check whether your bank charges incoming transfer fees.
- Partial withdrawals are allowed; you do not have to close your account or move all your money at once.
- If you have a margin account with borrowed money, you must pay back the borrowed amount before withdrawing cash.
Where to find the withdrawal button in the app
Open the Robinhood app and tap the Account icon at the bottom right. From there, tap "Transfers" near the top of the screen. You will see two options: "Transfer In" and "Transfer Out." Tap "Transfer Out."
On the next screen, Robinhood will show you the bank account on file and ask how much you want to withdraw. Enter the amount and tap "Review." Check that the amount and receiving bank account are correct, then tap "Confirm" to submit the withdrawal request.
You will get a confirmation screen with a reference number. Save this number in case you need to contact Robinhood support about the transfer. The money will leave your Robinhood account when ready, but it will not appear in your bank account for three to five business days.
What "unsettled" money means and why you cannot withdraw it yet
When you sell a stock on Robinhood, the sale is complete when ready, but the cash does not become yours to withdraw right away. Stock trades settle after two business days. During those two days, the money sits in your account but is marked as "unsettled." You can use unsettled cash to buy other stocks, but you cannot withdraw it.
Cryptocurrency trades settle much faster — usually within minutes or hours — so crypto proceeds are normally available to withdraw the same day you sell. If you are trying to withdraw and Robinhood tells you that some of your cash is unsettled, check your recent trades. Any stock sale from the last two business days will have unsettled proceeds.
Dividends and deposits settle when ready, so those are available to withdraw right away. If you are confused about why a specific amount is not available, tap on your cash balance in the app and Robinhood will show you a breakdown of settled versus unsettled money.
Changing or removing your linked bank account
If you want to withdraw to a different bank account than the one you originally linked, you will need to add that account first. Go to Account, then Transfers, then look for an option to add or manage bank accounts. Robinhood will ask you to verify the new account by depositing two small test amounts into it, which you then confirm in the app. This process takes one to two business days.
Once the new account is verified, you can withdraw to it. You can have multiple bank accounts linked at once, and you choose which one receives each withdrawal. If you want to remove an old account, go to the same bank account management screen and select the option to delete it.
You cannot withdraw to a bank account in someone else's name. The account must be in your name or a joint account where you are listed as an owner. Robinhood verifies this when you link the account.
What happens if you have a margin account with borrowed money
If you have a Robinhood Gold or other margin account, you may have borrowed money from Robinhood to buy stocks. Before you can withdraw cash, you must pay back any borrowed amount. The cash in your account will show your balance after the loan is subtracted, so if you owe $500 and have $2,000 in your account, your available cash to withdraw is $1,500.
If your account balance drops below the maintenance requirement — the minimum amount Robinhood requires you to keep in the account — Robinhood will force you to deposit more money or sell positions to raise cash. This is called a margin call. You cannot withdraw during a margin call until you have brought your account back above the maintenance level.
If you want to close a margin account and return to a standard cash account, contact Robinhood support. They will walk you through the process, which usually involves paying back any borrowed money first.
Timing: when the money actually arrives in your bank
The three to five business day window is the standard timeframe, but the exact timing depends on your bank and when you submit the request. A withdrawal submitted on a Monday morning may arrive by Wednesday or Thursday. A withdrawal submitted on Friday afternoon may not arrive until the following Wednesday, since the weekend does not count as business days.
Robinhood processes withdrawals on business days only. If you submit a request after market close on Friday, it will not be processed until Monday. Some banks are faster than others at receiving transfers; larger national banks often process them within two business days, while smaller regional banks may take the full five.
If your withdrawal has not arrived after five business days, contact Robinhood support with your reference number. They can check the status on their end and confirm whether the transfer was sent to your bank. If Robinhood sent it, your bank is responsible for the delay, and you may need to contact your bank directly.
Frequently Asked Questions
Can I withdraw money if I have pending stock orders?
No. If you have a buy order that has not been filled yet, the cash reserved for that order cannot be withdrawn. Once the order fills or you cancel it, the cash becomes available. If you have a sell order pending, the proceeds will not be available until the order fills and the trade settles two business days later.
What if Robinhood says I have a "restriction" on my account?
Restrictions usually happen if you have violated the pattern day trader rule or if Robinhood suspects fraud. You will see a message in the app explaining the restriction. Most restrictions prevent you from withdrawing until they are lifted, which can take a few days to a few weeks depending on the reason. Contact Robinhood support to understand why the restriction is in place and when it will be removed.
Do I have to withdraw all my money at once?
No. You can withdraw any amount, any number of times. You can leave some money in your account to keep trading and withdraw the rest. There is no minimum or maximum withdrawal amount, as long as the cash is available and settled.
What if my bank rejects the transfer?
If your bank rejects an incoming transfer from Robinhood, the money will be returned to your Robinhood account within a few business days. Common reasons for rejection include a closed account, a name mismatch, or an account flagged for fraud. Contact your bank to find out why the transfer was rejected, then link a different account or correct the information and try again.
Can I withdraw money if I have crypto holdings?
Yes. Your crypto holdings do not affect your ability to withdraw cash. You can only withdraw the cash balance in your account, not the crypto itself. If you want to move crypto out of Robinhood, you need to transfer it to an external crypto wallet using Robinhood's transfer feature, which is separate from cash withdrawals.