How to Withdraw Money from Robinhood: Complete Guide to Transfers, Fees, and Cashing Out

Oct 24, 2025
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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.

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
Only withdrawable cash can be moved to your bank account.

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
If you’ve recently deposited funds, Robinhood may also place a hold (up to 5 business days) before allowing withdrawal.

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:

  1. Open the asset you want to sell

  2. Tap “Trade”

  3. Select “Sell”

  4. Enter the amount

  5. Confirm the order
Once the trade settles, your funds will move to withdrawable cash.

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:

  1. Open the Robinhood app

  2. Tap the Account icon

  3. Select “Transfers”

  4. Tap “Transfer to Your Bank”

  5. Enter the amount

  6. Confirm the transfer
That’s it. This process is also referred to as:

They all describe the same action: moving cash from Robinhood to your linked bank account.

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
If speed is important, instant transfer may be helpful. Otherwise, standard transfers are completely free.

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)
So if you're simply withdrawing money to your bank using a standard transfer, there is no robinhood transfer fee.

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
Robinhood does not allow transfers to third-party bank accounts.

What Is a Robinhood Transfer?​

A robinhood transfer can mean different things depending on context:

  1. Transferring money to your bank (withdrawal)

  2. Transferring money from your bank into Robinhood (deposit)

  3. Transferring assets to another brokerage
That’s why many users get confused between withdrawing and transferring.

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
This is simply a more formal way of describing a withdrawal.

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
Instant transfers:

  • 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
Keep records of all trades for accurate reporting.

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
Security issues can delay or block withdrawals.

Final Thoughts​

Understanding how to withdraw money from Robinhood is simple once you know the steps and rules.