How To Close A Robinhood Account In 2022

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How to Close a Robinhood Account in 2026

How to close a Robinhood account online, on the app, or by calling in. Fee to delete a Robinhood account in 2026.

How to Close a Robinhood Account Takeaways

• A Robinhood account can be closed in several ways. • Because Robinhood offers crypto, stocks, and cash accounts, the steps may differ by account type. • Some methods may include a fee. Before you close your Robinhood account, read these instructions carefully. They will help you avoid problems during the process.

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First Option: Robinhood Account Closing by Liquidating

One way to close a Robinhood account is to sell all assets and withdraw the cash. For a spending account, you can skip the selling step since it only holds cash. If you have a Gold membership, cancel it first. On the website, log in and go to the Account tab in the menu. From the drop-down, click on Gold to unsubscribe. On the mobile app, tap the head-and-shoulders icon at the bottom, then tap on Gold. Once Gold is canceled, sell any crypto or stock positions. Crypto trades settle instantly, while stock trades take one business day to settle. After the cash is ready, withdraw the full balance. On the website, go to the Account menu and select Transfers. This will open the ACH page to transfer money to a linked bank account. If you don’t already have a linked account, you can add one here. You can also withdraw funds by wire transfer. The same Transfers page is used to move money from a spending account. Once the balance is $0, you can close the account. On the website, go to the Account tab, then Settings. On this page, click the red link to deactivate the account. On the deactivate page, you may also see links to remove FDIC sweep or stock lending. Complete these steps before deactivation. If the account includes a spending debit card, it will be deactivated automatically when the account closes.

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Second Option: Robinhood Account Closing by Transfer

Instead of selling, you can transfer your assets. For crypto, Robinhood lets you send coins to an external wallet. Open the crypto’s profile page and click Send, then enter the receiving wallet address. After sending all crypto, deactivate the account as described above. If you skip this, the account will stay open. For stocks, use the ACAT network to move them. First, open an account at another brokerage with the same name and type (such as IRA or joint). Confirm with the new firm that your positions can be transferred. Avoid transferring option contracts that expire within a week. Once ready, request a full ACAT transfer from the new brokerage. Full transfers automatically close the Robinhood account. Partial transfers will not. The receiving firm and Robinhood will handle the process. As an example, see How to Transfer Robinhood to Charles Schwab.

Remember Taxes

Transferring crypto or stocks does not trigger taxes because nothing is sold. Selling assets in a taxable account or withdrawing money from an IRA may cause tax issues. Speak with a CPA before selling or withdrawing.

Third Option: Using an Internal Transfer

Another way is to move all cash and assets into a second Robinhood account. This is similar to an ACAT transfer but done inside Robinhood. To use this method, contact Robinhood and request an internal transfer. After the transfer, go back to Settings and deactivate the outgoing account. Unlike ACAT transfers, the old account won’t close automatically. Both accounts must be the same type (for example, both individual accounts).

Robinhood Account Closing Fee

Robinhood does not charge for selling assets or moving cash out with ACH. However, there is a $100 ACAT-out fee and a $25 outgoing wire fee. Updated on 1/11/2026.

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