You can withdraw cash from Robinhood to your linked bank account in two to three business days
To move money out of Robinhood, you sell your positions (stocks, options, crypto, or other holdings), then transfer the cash to the bank account you connected when you opened your account. Robinhood does not charge a withdrawal fee. The cash lands in your bank account within two to three business days, though the exact timing depends on your bank's processing speed.
You cannot withdraw money that is tied up in open positions. If you have $5,000 in your account but $3,000 is in Apple stock and $1,000 is in a call option, you can only withdraw the remaining $1,000 in cash. You must sell the stock and option first.
If you have unsettled funds — cash from a recent sale that has not yet cleared — Robinhood may restrict how much you can withdraw. Stocks settle in two business days; crypto settles when ready. Until settlement completes, that money counts as unsettled and may not be available to move out.
Key Takeaways
- Sell any stocks, options, or crypto you own before you can withdraw; cash sitting in your account is the only thing that moves to your bank.
- Robinhood charges no fee to withdraw, and the transfer takes two to three business days depending on your bank.
- Money from stock sales takes two business days to settle; during that time it may be restricted from withdrawal.
- You must have a valid bank account linked to your Robinhood account, and the withdrawal goes only to that account.
- If you have a margin account with a negative balance or outstanding margin debt, you cannot withdraw until the balance is positive.
Step-by-step: selling positions and withdrawing cash
Open the Robinhood app or website and navigate to the position you want to close. Tap or click the position (for example, your Apple stock holding). A detail screen opens showing your shares, cost basis, and current value.
Tap or click "Sell" or the sell button. Robinhood shows you the current market price and the number of shares you own. You can sell all shares or enter a specific number. Review the order, then confirm. If the market is open, the sale executes when ready or within seconds. If the market is closed, the order executes at the next market open.
Once the sale completes, the proceeds appear in your account as cash. For stocks, this cash is unsettled for two business days. For crypto, it settles when ready. You can use unsettled cash to buy other positions, but you cannot withdraw it until settlement completes.
To withdraw, go to your account menu (usually a profile icon or "Account" tab). Look for "Transfers" or "Withdraw Cash." Enter the amount you want to move to your bank. Robinhood shows you the linked bank account and confirms the withdrawal will arrive in two to three business days. Confirm the transfer. You receive a confirmation number.
Understanding settlement and why you cannot always withdraw when ready
When you sell a stock on Robinhood, the sale does not finalize when ready. The stock market uses a system called T+2 settlement, which means the transaction settles two business days after the sale. Until settlement completes, the money is unsettled and Robinhood restricts how you can use it.
During the two-day settlement window, you can use unsettled cash to buy other stocks or options. You cannot withdraw it. This is a rule enforced by the financial system, not by Robinhood alone. If you sell 100 shares on a Monday, the cash settles on Wednesday. You can withdraw starting Wednesday afternoon or Thursday, depending on your bank's processing time.
Cryptocurrency settles differently. When you sell crypto on Robinhood, the proceeds are available to withdraw when ready. There is no two-day wait. This is because crypto transactions settle on the blockchain in minutes, not through the stock market's T+2 system.
If you see a message that says "unsettled funds," check your transaction history to see which sales are still pending. Robinhood shows the settlement date next to each transaction. Once that date passes, the cash is available to withdraw.
What happens if you have a margin account with a negative balance
If you have a Robinhood Gold or margin account and you owe money to Robinhood (a negative account balance), you cannot withdraw until your balance is positive. This happens when you borrow money to buy stocks — Robinhood lends you the cash, and you must repay it before you can move money out.
To fix this, deposit cash into your account or sell positions to raise cash, then use that cash to pay down the margin debt. Once your account balance is zero or positive, you can withdraw normally. Robinhood shows your current balance and margin debt on your account screen.
Linking a bank account and confirming your identity
Before you can withdraw, you must have a bank account linked to Robinhood. You set this up when you open your account, but you can add or change it later. Go to your account settings and look for "Linked Bank Accounts" or "Banking." You can add a checking or savings account from most U.S. banks.
Robinhood verifies the account by sending two small deposits (usually under $1 each) to your bank. You then confirm the amounts in the Robinhood app. This process takes one to two business days. Until verification completes, you cannot withdraw to that account.
You can link multiple bank accounts, but withdrawals go only to the account you select at the time of the transfer. You cannot withdraw to a third-party account or someone else's bank account. The account must be in your name.
Withdrawal limits and restrictions
Robinhood does not publish a single withdrawal limit, but your bank may have limits on how much you can receive in a single transfer. Most banks allow transfers of $10,000 to $25,000 per day, though this varies. If you need to withdraw more, you may need to split it across multiple days or contact your bank to raise the limit.
If you are a new account holder or have recently linked a bank account, Robinhood may restrict large withdrawals for the first 30 days. This is a fraud-prevention measure. If you hit a restriction, you can still withdraw smaller amounts, or you can wait for the restriction to lift.
If you have an active margin loan or outstanding options assignment, you may not be able to withdraw the full cash balance. Robinhood holds back enough cash to cover potential losses. Once the position closes or the margin is repaid, that cash becomes available.
Common reasons withdrawals fail or are delayed
A withdrawal can fail if your bank account information is incorrect or if the account has been closed. Robinhood sends the money to the routing and account number you provided. If either is wrong, the bank rejects it and the money returns to your Robinhood account, usually within five to seven business days.
Withdrawals are also delayed if your bank is processing a high volume of transfers or if there is a holiday. Federal holidays slow down the banking system, so a withdrawal initiated on a Friday may not arrive until Tuesday or Wednesday. Weekend transfers do not process until Monday.
If you initiated a withdrawal and it has been more than five business days, check your bank account to see if it arrived. If not, log into Robinhood and check the transfer history to see the status. You can contact Robinhood support through the app or website if the transfer shows as completed but the money did not arrive at your bank.
Frequently Asked Questions
How long does it take to withdraw money from Robinhood?
Robinhood processes the withdrawal within one business day, but your bank takes an additional one to two business days to receive and deposit the funds. Total time is usually two to three business days. Some banks are faster; some are slower. If you initiated the transfer on a Friday, it may not arrive until Wednesday or Thursday.
Can I withdraw money if I have unsettled funds?
No. Unsettled funds from stock sales cannot be withdrawn until two business days after the sale. You can use unsettled cash to buy other stocks, but not to withdraw. Crypto proceeds settle when ready and can be withdrawn right away. Check your transaction history to see which funds are still settling.
What if my withdrawal fails or the money does not arrive?
First, check your bank account to confirm it did not arrive. If it has been more than five business days, log into Robinhood and review the transfer history to see the status. If Robinhood shows the transfer as completed but your bank did not receive it, contact your bank with the transfer details. If Robinhood shows it as failed, the money returns to your account within five to seven days.
Can I withdraw to someone else's bank account?
No. Robinhood only allows withdrawals to a bank account in your name. This is a requirement of financial regulations. If you need to move money to another person, withdraw to your own account first, then transfer from your bank to theirs.
Is there a fee to withdraw from Robinhood?
Robinhood charges no withdrawal fee. Your bank may charge a fee if you exceed a certain number of transfers per month, but this is rare for standard checking or savings accounts. Check your bank's fee schedule if you are unsure.