How to withdraw money from Robinhood
Please follow the steps below to withdraw money from Robinhood.
- Open the Robinhood app on your iPhone.
- At the very bottom, you will see 5 icons.
- Tap the Account (Person) icon in the bottom right corner of the screen.
- Once you tap on the Account icon, you will see 6 sections - Free Stocks, Investing, Transfers, Statements & History, Settings and Help.
- Tap Transfers which is the third option from the top.
- Tap Transfer to Your Bank.
- Enter the amount you want to transfer to your bank.
- Tap Review at the bottom.
- On the next screen, tap Submit at the bottom.
How to withdraw money from Robinhood (Desktop)
Please follow the steps below to withdraw money from Robinhood Desktop. If you don’t have a Robinhood account yet, click here to sign up and get a free stock worth up to $200 when you sign up and link bank.
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- Open the website. Then, click Log In.
- Now, log in with your email and password.
- Once you are logged in, you will see several tabs at the upper-right side of the screen. Click on the Account tab.
- On the drop-down list, you will see an option for Transfers. Click on Transfers.
- Now, on the page, you will see a section for Transfer Money. There, enter the amount you wish to withdraw.
- Then, select the From and To account. The From account must be your Robinhood account and the new account should be a bank account linked to Robinhood.
- After entering the necessary information, click on Review Transfer.
- After reviewing and if everything looks good, click on the Transfer button.
- Now, you will see a message saying that The transfer has been initiated and it will take up to 5 business days to be completed.
- And now, you have successfully withdrawn money from Robinhood.
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