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Lilit A Ohm
Verified Reviewer

I've been using Robinhood for my investments and I'm wondering how to withdraw money from my account

Top question

I've been using Robinhood for my investments and I'm wondering how to withdraw money from my account. I tried searching for instructions but I couldn't find anything. Can you please explain how to withdraw money from Robinhood?

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1 comment
Harry Rollins

Financial Expert

To withdraw money from Robinhood, follow these simple steps:
1. Open the Robinhood app and log in to your account.
2. Tap on the account icon located at the bottom right.
3. Go to the menu.
4. Select "Transfers" and then choose "Transfer money."
5. Enter the amount you wish to withdraw and select your bank account.
6. Finally, tap on "Review" and then "Transfer" to complete the process.
Your money will be transferred from your Robinhood account to your bank account.

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Chris Damon

Is Robinhood reliable for long-term investing or just day trading?

I'm thinking about moving a larger portfolio there, but I'm still a bit nervous given their history. What do you guys think?

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5 comments
JB H Nlo

consider Charles Schaub , have had a nightmare getting out of Robinhood .have had no problem with Schwab, buying ,selling , trading or moving money around

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pab m

I am a small investor the ones that pay all the operational fees because all these corupt Brokers know we are not protected, while the large investors bathe in their perks. Robinhood- hood the newest of brokers has come on board with many newer programs but you need to view it as day trading constantly moving money around. You must be vigilant because they will strip you of the tiny gains due to the overloaded fees, interest, etc. Options trading was good until until liquidity pressure hits Robinhoodcand you have lɔstvthe whole game, this is done on purpose especially in Robinhood to steal 100% of your money. I mad steaming with them because I requested $300, withdrawl on feb 23rd got it was sent but never arrived, they have blamed me, my bank over a tiny withdrawl, as of today they have decided to lock my account done and not send it, people its $300?! The other issue is I am getting to my 70's and the ones bottle necking these Brokers problem are WHITES - Pale face mid twenties *** and giggles" get out of the US market for Brokerage and seek to do business with an international Broker. I have a similar problem with Schwab were I am owed $123,000, on a "bankrupt" CHK and guess who the age group is running Schwab, today?! Oh, forget the SEC, FINRA taxpayers pay $11billion to run these Orgs. To the benefit of BROKERS, tax dollars wasted for these Brokers to fall back and continue to gouge american citizens.

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JB H Nlo

Never never never Use Charles schwab Robinhood will let you in . If you need to move account . it is near impossible, A hunderd loops to jump thru . chat, no help ,one contact, only by one phone #. They do not want to hear from you or would provide more contacts

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Mark T Gzj

They finally after 2 weeks took care of everything! It's just that first person talked to on phone didn't do anything so I talked to someone higher up in company and fixed it!

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Myrlande F

Based on my experience: I bought a contract for the Seattle Hawks to win on RobinHood, they won! When Ireach out to RobinHood asking for my win, they stated that I never placed a contract. I sent them the document I received from showing I placed the bet(contract) they still denied it! I don’t deal with them anymore, I wondered if I lost would they have honored the bet (contract) and keep the money. I personally don’t trust them! Do your due diligence even more!!

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ChuckBaba
Verified Reviewer

Can someone help me login to my account please

Reset my password.

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1 comment
Guest

I have been Lockout of my account for a few days now can’t get no help getting back in from [PERSON_NAME] what happened to the link to send me to reset my password haven’t got one yet in days

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Natasha C Mzt

Is about the 500

Hi hi I just want to know about my deposit $500 and I don’t see it into my account I wanna know what’s going on with the 500

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1 comment
Natasha C Mzt

I want to know what’s going on with my 500 I do not see it in my account so please can you tell me what’s going on

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Quaheri R
Verified Reviewer

How do you get results from robinhood customer service? they are not replying

I have sent various emails. I am a victum of fraud. Still no assistance

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3 comments
JB H Nlo

Try a different company

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Rodell Dwp

You will never hear from Robinhood customer service. 81% of customers received no solutions to their problems. See the Review Page. Why the Wall Street Journal would feature them on the front page is unbelievable!

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Harry Rollins

Financial Expert


According to the Robinhood help section, you should report suspected fraud to support@robinhood.com. You may also try to reach out to the Robinhood customer care team by phone at (650) 294-4858.

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Emmanuel S Tmn
Verified Reviewer

Why 99% of my order is not getting filed.

I feel exhausted , my order is not getting filed even though it has reached the price target. And I have been loosing a lot of money

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1 comment
Harry Rollins

Financial Expert

According to the Robinhood help section, the orders might not have been filled yet because of the following reasons:
  • limited volume;
  • market open conditions;
  • extended hours;
  • limited support at execution venues;
  • limit or stop price hasn’t been reached;
  • unstable market conditions.

You can find more reasons why the order hasn't been filled at robinhood.com/us/en/support/articles/why-hasnt-my-order-been-filled.
To ger more information about your order, please contact the Robinhood customer care team:

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Shawn E Ltj

Why need a pic of my Social Security card

others have told me they didn't have to take a picture to set up an account...I can't find mine

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2 comments
JB H Nlo

That is just the start of your heartbreak with them It will get worse . I wish I hade found this site B/4 ever dealing with them

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Harry Rollins

Financial Expert

According to the comments posted at quora.com, Robinhood needs to collect the information about the social security card to file tax forms (1099s) for you each year.

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Pascual P Jgg

How do I get my money to crypto

Hello, I would like to know how I can sell my current stocks and than buy crypto with that money. Please advise. Pascual 484550****

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1 comment
Harry Rollins

Financial Expert

According to the Robinhood help section, to buy a cryptocurrency you should follow these steps.

Web:

  • navigate to the cryptocurrency’s Detail page;
  • enter the amount you’d like to purchase into the order window on the right side of the screen;
  • click Review;
  • confirm your order.

iOS:
  • navigate to the cryptocurrency’s Detail page;
  • tap Trade;
  • tap Buy;
  • tap Order Types in the upper right order;
  • select your preferred order type;
  • confirm your order;
  • swipe up to submit your order.

Android:
  • navigate to the cryptocurrency’s Detail page;
  • tap Trade;
  • tap Buy;
  • tap Order Types in the upper right order;
  • select your preferred order type;
  • confirm your order;
  • swipe up to submit your order.

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Bianca P Swm

How can I get in my account number has not been updated

Can you please help me get acces to my account

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1 comment
Harry Rollins

Financial Expert

According to the Robinhood help section, you can change your phone number on Robinhood directly from the app.
You can also go to: Contact Us > I have a different question > Account > Update your info > Phone Number to change it.
When you change your phone number in order to log in, Robinhood should ask you to verify your identity to ensure your account's security.
If you have any issues with your account, please contact the Robinhood customer care team:

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Jean B Xan

What time can I trade my stock and get the money right away?

Hi, I am in the market with Robinhood and I don't know too much about it. I would like to get some details.

What is the real time that Robinhood is active.

I meant I can buy and trade to process right away? Thank you

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Harry Rollins

Financial Expert

According to Robinhood Help Center, the markets are open from 9:30 AM EST - 4 PM EST during normal business days.
With extended-hours trading, you’ll be able to trade during pre-market and after-hours sessions.
Pre-Market opens 30 minutes earlier, starting at 9:00 AM EST. After-Hours trading continues for 2 hours, until 6:00 PM EST.
You should consider the following points before engaging in extended-hours trading.
  • "Extended hours trading" means trading outside of “regular trading hours.”
  • “Regular trading hours” generally means the time between 9:30 a.m. and 4:00 p.m. Eastern Standard Time.

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Vanick D
Verified Reviewer

Why is not account not being verified

I have been waiting for a long time and my account is still not verified

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2 comments
JB H Nlo

You are lucky !!!!!!!!!!!! RUN

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Harry Rollins

Financial Expert

According to comments posted at reddit.com, some of your provided information needs additional verification or manual check by a Robinhood representative. This can occur if you have any typos in your application or limited credit history, and they should email you if this happens.
For further assistance please contact Robinhood Support via the Contact tab on the company website.

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Maria Ujd
Verified Reviewer

Why has my account not been verified it has been over 24 hours

Can you please tell me what are you missing since my account has not been verified. Can you call me or email me and tell me what I need to fix, so I can start investing.

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1 comment
Harry Rollins

Financial Expert


According to Robinhood FAQs approval on Robinhood takes around 24 hours, with the app verifying users via email within one trading day. Some of your provided information may need additional verification or manual check by a Robinhood representative. In some cases, this may cause the account approval process to take up to five trading days. If you want you could always give Robinhood customer service a call (650) 940-2700 or email them support@robinhood.com.

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Stephen D Odo

why can i not close my account

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2 comments
JB H Nlo

I do not think they want you too !!!!!!! same here, sold all positions ,just cash setting there drawing almost no interest . Best for them never to let you go.

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Harry Rollins

Financial Expert

In order to cancel Robinhood account you should:

    1. Go to Robinhood app.
    2. Tap the Account (person) icon.
    3. Tap Settings. Tap Account Information.
    4. Tap Deactivate Account.

Follow the steps to close all your positions and withdraw your outstanding balance. Once your balance is $0.00 and your positions are closed, you will be able to confirm your deactivation request.

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Marcia M Tkd

How do I report fraud???

Someone out of state has taken $10,000 from my account.

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1 comment
Harry Rollins

Financial Expert

According to Robinhood FAQs if you ever suspect there’s unauthorized activity on your account, contact Robinhood support immediately. Once they receive your report, Robinhood team will take steps to protect your account and help prevent further unauthorized activity.

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Franco F Zho

Why is it taking so long for my account to be approved

I don’t understand the wait?

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2 comments
JB H Nlo

Lucky you

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Harry Rollins

Financial Expert

As stated at marketrealist.com, once Robinhood gets the documents, it may take up to seven days to review them and approve your account. However, according to the comments posted on reddit.com, some users are waiting for approval for months.
To get more information about your account, please contact the Robinhood customer care team:

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Keith F Pxx
Verified Reviewer

My account was hacked, and everything but 99.00 is in therd? Where is my money?

Checked my email at work, and it suddenly shows all my stock have been sold and was used to buy something else! Where is my money!

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1 comment
Harry Rollins

Financial Expert


According to the Robinhood help section, if you think that your account security has been compromised, contact Robinhood support immediately viat the support form at robinhood.com/contact. or by email at support@robinhood.com.

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Hwaim c
Verified Reviewer

How can I buy on trade?

I think it’s locked Because I couldn’t buy on trade only sell showing up

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Harry Rollins

Financial Expert

Unfortunately, Robinhood does not provide any information about how to activate the buy-in trade option on the company website. Please contact the Robinhood customer care team for assistance. You should be able to reach out to them:
  • via the company's social networks.

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Mary D Hva
Verified Reviewer

why was my account frozen?

I havent had my robinhood account very long and for some reason when someone I know was trying to transfer some money to me not only did robinhood keep rejecting the transfers they also froze my account and did not tell me why they froze it I feel like I've been punished when I didn't do a thing wrong

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3 comments
JB H Nlo

You may always be punished for nothing

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Rodell Dwp

Robinhood stated I had 60 days to transfer crypto, but then refused to allow any transfer method My account was closed without meaningful notice or appeal Support was completely inaccessiblemessages, email, and phone numbers were disabled They force-sold my ETH at a loss, which appears to be against my interests I was denied the ability to self-custody my lawful assets despite being legally permitted to transfer crypto Previous lawsuit against Robinhood in California for these same allegations: Robinhood Markets will pay $3.9 million for failing to let customers withdraw cryptocurrency from their accounts from 2018 to 2022. (CA Attorney General Rob Bonta). The settlement also resolves claims that the platform failed to fully disclose aspects of its trading and order-handling arrangements.

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Harry Rollins

Financial Expert

According to the comments posted on reddit.com, Robinhood can freeze an account if they have noticed any fraudulent activity on your account.
To get more information about your account as well as to reactivate it, please contact the Robinhood customer care team:
  • via the company's social networks.

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Jason K Esh

How do I close my account?

How do I close my account?

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2 comments
JB H Nlo

Just like having a root canal

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Harry Rollins

Financial Expert

If you want to close your account, you can deactivate your Robinhood account in the app itself:
  • Tap the Account (person) icon.
  • Tap Settings.
  • Tap Account Information.
  • Scroll and tap Deactivate Account.
  • Follow the steps to close all your positions and withdraw your outstanding balance.
  • Once your balance is $0.00 and your positions are closed, you will be able to confirm your deactivation request.

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Tyrone R Qxu

how to add my new phone number

I can't log in to my account because I don't have the same phone number

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1 comment
Harry Rollins

Financial Expert

According to the Robinhood FAQ page, you can change your phone number on your Robinhood account by contacting support at robinhood.com/contact.

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