The basic steps to move money out of Robinhood

To withdraw money from Robinhood, you go to the Account menu, select "Transfers", then choose "Withdraw". You'll pick a linked bank account, enter the amount, and confirm. The money typically arrives in your bank account within one to three business days, though it can take up to five depending on your bank.

You can only withdraw cash that's actually in your account — not money that's tied up in stocks, options, or cryptocurrency. If you want to cash out a position, you sell it first, wait for the sale to settle (usually one to two business days), and then withdraw the cash.

Robinhood doesn't charge a withdrawal fee. Your bank might charge a fee for receiving an incoming transfer, but that's rare with most consumer banks.

Key Takeaways

  • Withdrawals go through the Account menu under Transfers, and money reaches your bank in one to five business days.
  • You must sell any stocks or crypto before you can withdraw the proceeds — you cannot withdraw while money is invested.
  • Sales settle in one to two business days before the cash is available to withdraw.
  • Robinhood charges no withdrawal fee, though your bank may have its own policies.

Linking a bank account for withdrawals

Before you can withdraw, you need to link at least one bank account to your Robinhood account. Go to Account, then "Linked Banks", and select "Link a Bank". You'll enter your bank's routing number and your account number, or log in through your bank's portal if Robinhood offers that option.

Robinhood will make two small test deposits to your bank account — usually under a dollar each. Your bank will show these deposits in your account within a few days. You then return to Robinhood and enter the amounts of those two deposits to confirm you own the account. This process typically takes three to five business days total.

Once your bank account is verified, you can use it for both deposits and withdrawals. You can link multiple bank accounts if you want to withdraw to different places.

What happens when you sell an investment before withdrawing

If you own stocks, ETFs, or options, you must sell them before the cash becomes available to withdraw. When you sell, the transaction settles — meaning the sale is finalized and the cash moves into your cash balance — in one to two business days. On weekends and market holidays, settlement takes longer.

During the settlement period, the cash is in your Robinhood account but not yet available to withdraw. Robinhood will show it as "Unsettled" in your cash balance. Once settlement is complete, it moves to your regular cash balance and you can withdraw it.

If you sell at a loss, the cash you receive back is less than what you paid. Robinhood doesn't prevent you from withdrawing money that came from a losing trade — the withdrawal process is the same.

Withdrawal limits and how often you can withdraw

Robinhood does not set a maximum withdrawal amount or a limit on how many times you can withdraw per month. You can withdraw your entire cash balance in a single transfer, or make multiple smaller withdrawals throughout the month.

Your bank may have its own limits on incoming transfers. Most banks allow multiple transfers per day, but some have daily or monthly caps. Check with your bank if you're planning a very large withdrawal or frequent transfers.

If you have a margin account (borrowed money from Robinhood), you cannot withdraw more than your actual cash balance. Robinhood will prevent you from withdrawing money that's being used as collateral for the margin loan.

Why a withdrawal might be delayed or rejected

The most common reason a withdrawal is delayed is that your sale hasn't settled yet. If you sold a stock yesterday and tried to withdraw today, the cash won't be available until settlement completes. Wait the full one to two business days after your sale before attempting to withdraw.

A withdrawal can also be delayed if your bank account information is incorrect or if your bank's system is down. Robinhood will show an error message if the transfer fails. Check that your routing number and account number are correct, and try again.

If you recently linked a new bank account, it must be verified before you can withdraw to it. The verification process requires you to confirm the two test deposits Robinhood made, which can take several days.

Withdrawing from a joint or custodial account

If your Robinhood account is held jointly with another person, both account owners must authorize the withdrawal. The withdrawal will go to a bank account linked by either owner, but both must approve the transfer in the app.

Custodial accounts (accounts for minors managed by a parent or guardian) have the same withdrawal process, but the custodian controls all transfers. The minor cannot initiate a withdrawal on their own.

Some custodial accounts have additional restrictions set by the account owner. If you're managing a custodial account and a withdrawal is blocked, check the account settings to see if withdrawal limits have been set.

Frequently Asked Questions

How long does it take to get my money after I request a withdrawal?

Robinhood processes the withdrawal within one business day, and your bank typically receives it within one to three business days after that. In some cases, especially with smaller banks or on weekends, it can take up to five business days total. Check your bank's transfer policies if you're waiting longer than five days.

Can I withdraw money while I have an open order to buy something?

Yes. Open orders don't lock up your cash — only completed purchases do. You can withdraw your available cash balance even if you have pending buy orders. If your buy order fills after you've withdrawn the money, the purchase will fail because the cash won't be there.

What if I withdraw money and then want to buy stocks again?

You can deposit money back into Robinhood the same way you withdrew it. Go to Account, select Transfers, choose Deposit, pick your linked bank account, and enter the amount. Deposits typically take one to three business days to arrive.

Do I have to withdraw all my money at once?

No. You can withdraw any amount up to your available cash balance. You can make multiple withdrawals on the same day, or space them out over weeks. There's no minimum withdrawal amount, though your bank may have its own minimums.

What happens to my stocks if I withdraw my cash?

Withdrawing cash doesn't affect your stocks, options, or crypto. You're only moving the uninvested cash out of your Robinhood account. Your investments stay in your account and continue to change value based on market prices.