Deleting your Robinhood account requires you to close all open positions, withdraw your cash, and then submit a deletion request through the app or website
Robinhood does not let you delete an account while you hold stocks, options, crypto, or cash. You must sell everything, move money out, and wait for all transactions to settle before the account can be closed. The deletion itself takes a few clicks, but the preparation—especially if you hold fractional shares or have pending transfers—can take several days.
Once you request deletion, Robinhood typically removes your account within a few business days. After that, you lose access to your account history, tax documents, and transaction records, so download what you need before you start the process.
Key Takeaways
- You must sell all stocks, options, and crypto and withdraw all cash before Robinhood will let you delete the account.
- Fractional shares sell as whole shares, so you may receive slightly more or less cash than you expect.
- Download your tax documents and transaction history before deletion, because you cannot retrieve them afterward.
- The deletion request itself takes two minutes, but the account removal takes a few business days after you submit it.
Sell all holdings and close all positions
Open the Robinhood app or website and go to your portfolio. Sell every stock, fractional share, option contract, and cryptocurrency you own. If you hold fractional shares—common if you used Robinhood's fractional share feature—they will sell as whole shares at market price, which may leave you with slightly more or less cash than you expect.
Wait for all sales to settle. Stock sales typically settle in one to two business days; crypto sales settle immediately. If you have pending transfers or deposits, wait for those to complete before moving forward. Robinhood will not let you delete the account while any transaction is in progress.
Withdraw all cash from your account
Once all positions are closed and settled, transfer your remaining cash to your linked bank account. Go to the Account menu, select Transfer, and choose the bank account you want to send money to. Robinhood processes transfers in one to three business days depending on your bank.
Make sure your bank account information is correct before you submit the transfer. If you entered the wrong account number, the transfer may fail or be delayed, which will hold up your account deletion. If you have a very small balance (under $1), you can leave it; Robinhood will not prevent deletion for minimal amounts.
Download your tax documents and transaction history
Before you delete the account, download your tax documents and a full record of your transactions. Go to Account, then Documents or Tax Center (the exact location varies by app version), and download your 1099 forms, transaction history, and any other records you need. Save these to your computer or cloud storage.
Once your account is deleted, Robinhood does not provide these documents again. If you need them for tax filing or record-keeping, you must have them saved before deletion. If you delete the account and later realize you need a document, you will have to contact Robinhood support to request it, and they may not be able to retrieve it.
Submit the account deletion request
Open the Robinhood app or website and go to Account Settings. Look for a "Close Account" or "Delete Account" option (the exact wording depends on your app version). Tap or click it, and Robinhood will ask you to confirm that you have no open positions and no cash balance. If you do, you will not be able to proceed—go back and complete the steps above.
If your account is clear, Robinhood will ask you to confirm deletion one more time. This is your last chance to cancel. Once you confirm, the deletion request is submitted and cannot be undone.
What happens after deletion
Robinhood removes the account from your login within a few business days. You will no longer be able to log in, view your history, or access any documents. If you had a Robinhood debit card linked to the account, that card will stop working.
If you had recurring transfers or automatic deposits set up, those will stop. If you had linked your Robinhood account to a third-party app or service (like a tax software or portfolio tracker), those connections will break and you will need to remove them manually from those services.
If you cannot delete your account
The most common reason deletion fails is that you still hold positions or have a cash balance. Go back to your portfolio and check for any holdings you may have missed—sometimes fractional shares or small cash balances are easy to overlook. If you see holdings but cannot sell them (for example, if a stock is halted from trading), contact Robinhood support before attempting deletion again.
If your account is frozen or restricted due to a violation of Robinhood's terms of service, you may not be able to delete it yourself. In that case, contact Robinhood support and explain that you want to close the account. They can tell you whether the account can be deleted or what steps you need to take first.
Frequently Asked Questions
Can I delete my Robinhood account if I have a negative balance?
No. If you owe Robinhood money—for example, from a margin call or a failed transfer—you must pay the balance before you can delete the account. Contact Robinhood support to find out how much you owe and how to pay it.
What if I forgot my password and cannot log in to delete the account?
Use the "Forgot Password" option on the Robinhood login page to reset it. If you no longer have access to the email address associated with the account, contact Robinhood support and they can help you regain access or delete the account on your behalf.
Can I reopen a deleted Robinhood account?
No. Once deleted, the account cannot be reopened. You can create a new account, but it will be treated as a new account with no history or connection to the old one. Your old tax documents and transaction records will not transfer.
How long does it take to delete a Robinhood account after I request it?
Robinhood typically removes the account within a few business days of your deletion request. You will not be able to log in once it is deleted. If more than a week has passed and you can still log in, contact Robinhood support to confirm the deletion went through.
Will deleting my Robinhood account affect my credit score?
No. Robinhood is a brokerage, not a lender, so closing the account has no impact on your credit. Your credit score is only affected by credit accounts like credit cards, loans, and lines of credit.