Deleting your Robinhood account requires you to withdraw all cash and close all positions first, then submit a deletion request through the app or website

Robinhood does not let you delete an account that still holds money or open trades. You must sell all stocks, options, and crypto you own, withdraw any cash balance to your linked bank account, and close any margin or gold subscriptions before the account can be closed. Once those steps are done, you can request deletion through your account settings, and Robinhood will process the closure within a few business days.

The process is straightforward but has a specific order. Skipping a step or trying to delete before your account is empty will fail, and you will have to start over.

Key Takeaways

  • You must sell all positions and withdraw all cash before Robinhood will let you delete your account.
  • Cancel any paid subscriptions like Robinhood Gold or Robinhood Plus before you request deletion.
  • The deletion request is made in the app under Account Settings, not through customer support.
  • After you submit the request, Robinhood typically closes the account within a few business days.
  • Once deleted, you cannot recover the account or any records associated with it.

Sell all stocks, options, and cryptocurrency

Open the Robinhood app or go to robinhood.com and log in. Go to your Portfolio or Holdings section and look at every position you own. This includes stocks, fractional shares, options contracts, and any cryptocurrency.

For each holding, tap or click on it and select Sell. Choose how many shares or the full amount you want to sell, review the order, and confirm. Market orders (selling at the current price) will fill immediately during market hours. Limit orders (selling at a price you set) may take longer or not fill at all if the price does not reach your limit.

Repeat this for every position until your Holdings section shows zero positions. If you have options contracts, you must close them before expiration or they will be exercised, which creates a new position you will then have to sell.

Withdraw your cash balance

Once all positions are sold, go to your Account or Wallet section and look for your cash balance. Tap or click Transfer and select Withdraw. Choose the bank account you want the money sent to — this must be the same account you linked when you opened Robinhood.

Enter the amount you want to withdraw. If you want to close the account completely, withdraw the full balance. Robinhood will show you the expected arrival date, which is usually one to three business days depending on your bank.

If you have a negative balance (you owe Robinhood money), you must deposit funds to bring it to zero before you can delete the account. Go to Deposit, choose your bank account, and transfer enough to cover the negative balance.

Cancel any paid subscriptions

Check whether you are paying for Robinhood Gold (margin and premium features) or Robinhood Plus (cash management). Go to Account Settings and look for Subscriptions or Membership. If you see an active paid plan, tap or click to cancel it.

Robinhood will ask you to confirm the cancellation. Once cancelled, you will lose access to the features that plan provided, but you will stop being charged. You do not need to wait for your next billing date — cancellation takes effect immediately.

Request account deletion through settings

Once your account holds zero positions, zero cash balance, and has no active subscriptions, go to Account Settings. Scroll down and look for a section called Close Account, Delete Account, or Deactivate Account (the exact wording varies by app version).

Tap or click that option. Robinhood will ask you to confirm that you understand the account will be permanently deleted and all records will be removed. Read the confirmation carefully — this is your last chance to back out. If you are sure, confirm the deletion request.

Robinhood will send a confirmation email to the address on file. The account closure typically completes within a few business days. You will receive another email when it is done.

What happens after deletion

Once your account is deleted, you cannot log in, access your transaction history, or recover any documents or tax records. If you need your 1099 form for taxes, download it before you delete the account — Robinhood will not send it after deletion.

You can open a new Robinhood account later using the same email address or a different one. There is no waiting period or penalty for reopening an account.

Frequently Asked Questions

What if I have unsettled cash or pending transfers?

Unsettled cash (money from a recent sale that has not yet cleared) and pending transfers will block deletion. Wait for all trades to settle (usually two business days) and for all transfers to complete before you request deletion. Check your Activity or History section to see the status of recent transactions.

Can I delete my account if I have a margin balance?

No. If you owe Robinhood money on margin, you must deposit funds to bring your account balance to zero or positive. Once the balance is zero or above, you can proceed with deletion. Robinhood will not close an account with an outstanding debt.

Will deleting my account affect my credit score?

Deleting your Robinhood account does not affect your credit score. Robinhood is a brokerage, not a lender, and does not report account closures to credit bureaus. If you used Robinhood's margin feature and borrowed money, paying off that debt will not hurt your credit either.

Can I get my tax documents after I delete my account?

No. Once your account is deleted, Robinhood removes all records, including tax forms like your 1099. Download or take screenshots of any tax documents you need before you request deletion. If you need them later, contact Robinhood support, but they may not be able to retrieve them after the account is closed.

What if the deletion request fails?

If Robinhood rejects your deletion request, it means your account still has a position, cash balance, or active subscription. Go back to your Holdings, Wallet, and Account Settings and check each one again. Common missed items are fractional shares, pending transfers, or a subscription that auto-renewed. Once all are cleared, try the deletion request again.