How to delete your Robinhood account

You can close your Robinhood account through the app or website, but the process has a hard requirement: your account must have a zero balance. That means you need to sell all stocks, options, and crypto you own, and withdraw all cash to your bank account before deletion becomes possible. Robinhood will not let you close an account that still holds positions or money.

Once your account is empty, go to your Account menu, select Settings, then scroll to the bottom and tap or click "Delete Account." Robinhood will ask you to confirm and may ask why you are leaving. After you confirm, the account closes immediately. You will lose access to your trading history and tax documents within the app, though Robinhood keeps records and can send them to you by mail if you request them later.

Key Takeaways

  • Your Robinhood account must have zero balance — no stocks, options, crypto, or cash — before you can delete it.
  • Selling positions and withdrawing cash to your linked bank account takes one to three business days to settle.
  • After deletion, you lose app access to your history, but Robinhood retains records and can mail tax documents if you ask.
  • If you have unsettled trades or pending transfers, deletion is blocked until those transactions complete.
  • You can reopen a Robinhood account later using the same email address or a different one.

Selling your positions before closing

The first step is to liquidate everything you own. Open the app or website, go to your portfolio, and sell each stock, option contract, or crypto holding at market price. Market orders execute within seconds during trading hours; limit orders may take longer or not fill at all if the price does not reach your target. If you want the account closed quickly, use market orders.

After you sell, the proceeds sit as cash in your Robinhood account. This cash is not yet in your bank account — it is still inside Robinhood. You must withdraw this cash to your linked bank account to reach the zero balance required for deletion. Go to Account, then Transfers, and select "Withdraw." Choose your linked bank account and enter the amount. The transfer typically takes one to three business days.

What to do if you have unsettled trades

Stock trades settle in two business days; options and crypto settle faster but may have their own timelines. If you try to close your account before settlement is complete, Robinhood will block the deletion and tell you to wait. You cannot delete the account until every transaction has fully settled.

If you have a pending deposit or withdrawal, that also blocks deletion. Wait for the transfer to complete before attempting to close the account. Check your Transfers section to see the status of any in-progress transactions.

Recovering your tax documents and trade history

Once your account is deleted, you can no longer see your trade history or tax documents inside the app. However, Robinhood keeps these records. If you need your 1099 form or a record of your trades for tax purposes, contact Robinhood support through the website and request the documents by mail. They will send them to the address on file.

If you think you might need this information later, download or screenshot your tax documents and trade history before you delete the account. The app allows you to view these in the Account section under Tax Documents and History.

What happens to your linked bank account

Deleting your Robinhood account does not affect your bank account. Your bank account remains open and unchanged. Any money you withdrew before closing the account stays in your bank. Robinhood simply stops having access to that account once the connection is severed by the deletion.

If you had set up automatic deposits or recurring transfers, those stop once the account closes. You do not need to cancel them separately — they end automatically.

Reopening a Robinhood account later

You can create a new Robinhood account at any time after deletion, using the same email address or a different one. There is no waiting period or penalty for closing and reopening. Your old account and its history remain separate from any new account you create.

When you reopen, you start fresh with no positions, no cash, and no connection to your previous account's trading record. Your new account will have a different account number.

Frequently Asked Questions

Can I delete my account if I have pending deposits?

No. Robinhood blocks account deletion if any transfers are in progress. Wait for the deposit or withdrawal to complete, then try again. Check your Transfers section to see the status.

What if I have fractional shares I cannot sell?

Robinhood allows you to sell fractional shares through the app. Go to your portfolio, select the holding, and sell the full amount, including fractional pieces. This converts everything to cash that you can then withdraw.

Do I lose my trading history forever?

Your trading history is deleted from the app, but Robinhood keeps records. Contact support and request your documents by mail if you need them for taxes or personal records. This usually takes one to two weeks.

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

If you owe Robinhood money, you must pay the balance before deletion. Contact support to arrange payment. Once the debt is cleared, your account balance becomes zero and you can proceed with deletion.

Will deleting my account affect my credit score?

No. Closing a brokerage account has no impact on your credit. Credit scores are based on borrowing and repayment history, not investment accounts.