If you’re investing through Robinhood, there may come a time when you want to move your money back into your bank account. Whether you’ve made profits, need emergency cash, or are closing your account, understanding how to withdraw money from Robinhood is essential.
Many users search online for terms like How to Withdraw Money Robinhood, how to take money out of Robinhood, How to Cash Out on Robinhood, or How Do I Withdraw Money from Robinhood. While these phrases sound different, they usually refer to the same process: transferring your available cash from Robinhood to your linked bank account.
In this complete guide, we’ll explain everything you need to know — including How to Transfer Brokerage Cash from Robinhood Bank Account, How to Transfer Money from Robinhood to Bank, what a robinhood transfer involves, and details about the robinhood transfer fee.
There are three balances to know:
If you recently sold stocks, ETFs, or options, your funds must settle before they become withdrawable.
This is the first step in How to Cash Out on Robinhood:
Here’s the step-by-step process:
Here’s how it works:
Fees typically apply only for instant transfers or full brokerage account transfers.
Technically:
It refers to transferring your brokerage account cash balance from Robinhood back to your personal bank.
The steps remain the same:
Always check your withdrawable cash amount before initiating a transfer.
Standard transfers:
However:
Many users search online for terms like How to Withdraw Money Robinhood, how to take money out of Robinhood, How to Cash Out on Robinhood, or How Do I Withdraw Money from Robinhood. While these phrases sound different, they usually refer to the same process: transferring your available cash from Robinhood to your linked bank account.
In this complete guide, we’ll explain everything you need to know — including How to Transfer Brokerage Cash from Robinhood Bank Account, How to Transfer Money from Robinhood to Bank, what a robinhood transfer involves, and details about the robinhood transfer fee.
Step 1: Understand Withdrawable Cash
Before learning how to withdraw money from Robinhood, you need to understand the concept of withdrawable cash.There are three balances to know:
- Buying Power – Money available to invest
- Cash Balance – Total uninvested money
- Withdrawable Cash – Money eligible to transfer to your bank
If you recently sold stocks, ETFs, or options, your funds must settle before they become withdrawable.
Settlement Period
- Stocks & ETFs: Usually settle in 1 business day (T+1)
- Options: Typically 1 business day
- Cryptocurrency: Often settles instantly, but withdrawal eligibility may vary
Step 2: Sell Investments (If Needed)
If your money is currently invested, you must sell before you can withdraw.This is the first step in How to Cash Out on Robinhood:
- Open the asset you want to sell
- Tap “Trade”
- Select “Sell”
- Enter the amount
- Confirm the order
Step 3: How to Transfer Money from Robinhood to Bank
Now let’s answer the big question: How Do I Withdraw Money from Robinhood?Here’s the step-by-step process:
- Open the Robinhood app
- Tap the Account icon
- Select “Transfers”
- Tap “Transfer to Your Bank”
- Enter the amount
- Confirm the transfer
- How to Withdraw Money Robinhood
- how to take money out of Robinhood
- How to Transfer Brokerage Cash from Robinhood Bank Account
- How to Transfer Money from Robinhood to Bank
Standard Transfer vs Instant Transfer
When completing a robinhood transfer, you typically have two options:Standard Transfer (Free)
- Takes 1–3 business days
- No fee
- Most commonly used
Instant Transfer
- Arrives within minutes (if eligible)
- Small fee applies
- Bank must support instant transfers
Robinhood Transfer Fee Explained
One of the most common concerns is the robinhood transfer fee.Here’s how it works:
- Standard bank transfers: Free
- Instant bank transfers: Usually around 1.5% fee (with minimum and maximum limits)
- Full account transfer to another brokerage: Often includes a transfer-out fee (commonly around $100)
Fees typically apply only for instant transfers or full brokerage account transfers.
Withdrawal Limits
When researching how to withdraw money from Robinhood, you should also understand the limits:- Daily withdrawal limit: Up to $50,000 per business day
- Minimum withdrawal: Usually $1
- Bank must be verified and in your name
What Is a Robinhood Transfer?
A robinhood transfer can mean different things depending on context:- Transferring money to your bank (withdrawal)
- Transferring money from your bank into Robinhood (deposit)
- Transferring assets to another brokerage
Technically:
- All withdrawals are transfers
- Not all transfers are withdrawals
How to Transfer Brokerage Cash from Robinhood Bank Account
If you are specifically searching for How to Transfer Brokerage Cash from Robinhood Bank Account, here’s what that means:It refers to transferring your brokerage account cash balance from Robinhood back to your personal bank.
The steps remain the same:
- Ensure funds are settled
- Confirm withdrawable cash
- Select Transfer to Your Bank
- Confirm
Common Reasons You Can’t Withdraw
If you're asking How Do I Withdraw Money from Robinhood but the app won’t let you, here are possible reasons:Funds Haven’t Settled
You must wait for T+1 settlement after selling stocks.Recent Deposit Hold
Deposits may be restricted for up to 5 business days.Open Orders
Pending trades reduce withdrawable balance.Margin Account Restrictions
If using margin, some funds may be restricted.Account Review or Compliance Hold
Security checks can temporarily limit transfers.Always check your withdrawable cash amount before initiating a transfer.
Processing Time and Business Days
Even if you submit your withdrawal on a weekend, processing typically happens on business days only.Standard transfers:
- Initiated anytime
- Processed on business days
- Arrive within 1–3 business days
- Usually processed quickly
- May depend on your bank’s participation
Tax Considerations
Withdrawing money does not create taxes.However:
- Selling investments may trigger capital gains tax
- You’ll receive Form 1099 for reporting
- Short-term gains are taxed differently than long-term gains
Security Tips When Withdrawing
When learning how to take money out of Robinhood, also protect your account:- Enable two-factor authentication
- Verify bank details carefully
- Avoid public Wi-Fi during transfers
- Monitor confirmation emails