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What happens if I close or deactivate my Robinhood account?

Whether you choose to close or deactivate your account, your Robinhood account balance has to be $0. This means you have to either sell all of your positions and withdraw the balance to your bank account, or you have to transfer all of your assets from Robinhood to another brokerage.

How do I Delete my Robinhood account?

You must access the app or website to delete your Robinhood account. Open the Robinhood app on your phone or tablet, or go to the Robinhood website on your desktop or laptop. Once you’re logged in, click on the profile icon located in the top left corner of the app or website. Then, from the dropdown menu, select “ Settings .”

Can I Close my Robinhood account if I have open positions?

No, you cannot close your Robinhood account if you have open positions or funds remaining. You need to sell all your investments and withdraw any remaining balance before you can close your account. Are There Any Fees for Closing a Robinhood Account?

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