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 first, move the money out, and then formally close the account. The deletion itself takes a few business days after you submit the request, and Robinhood will send you a confirmation email when it is complete.
The process is straightforward but has a fixed order: you cannot skip steps or do them out of sequence. If you try to delete before your account is empty, the system will reject the request and tell you what still needs to go.
Key Takeaways
- Sell all stocks, options, and cryptocurrency holdings before you can delete your account—Robinhood will not let you proceed otherwise.
- Withdraw all cash to your linked bank account; the account cannot be deleted while money sits in it.
- Submit your deletion request through the app (Account > Settings > Account) or the website (Settings > Account > Delete Account).
- Deletion takes three to five business days after you submit the request, and you will receive a confirmation email when it is done.
- After deletion, you can reopen an account with the same email address, but your trading history and tax documents will no longer be accessible through Robinhood.
Sell all holdings and close open positions
Log into your Robinhood account and go to your portfolio. Look at the Stocks, Options, and Crypto tabs—anything with a balance must be sold. Tap or click each position and select Sell. For stocks and crypto, you will see the current market price; for options, you will see the bid price (what buyers are offering right now). Confirm the sale and submit the order.
If you hold fractional shares, they will sell as part of the order—you do not need to do anything special. If you hold options that are out of the money and have no buyers, you may not be able to sell them; in that case, let them expire worthless or contact Robinhood Support to discuss your options.
Check your account again after all orders settle (usually one to two business days). Make sure the Stocks, Options, and Crypto tabs all show zero or no holdings. If anything remains, you cannot proceed to the next step.
Withdraw all cash from your account
Once your positions are sold, the proceeds land in your Robinhood cash balance. Go to Account > Transfers and select Transfer to Your Bank. Choose the linked bank account where you want the money to go, enter the amount (or select all), and confirm. Robinhood will initiate an ACH transfer, which typically takes three to five business days to arrive at your bank.
Do not leave any cash in the account—even $1 will block deletion. If you have pending deposits or transfers, wait for them to complete or cancel them before you proceed. Check your cash balance one more time to confirm it shows $0.00.
Submit your account deletion request
On the Robinhood app, go to Account (the person icon at the bottom right) > Settings > Account > Delete Account. On the website, go to Settings > Account > Delete Account. You will see a confirmation screen explaining that deletion is permanent and that you will lose access to your account history, tax documents, and statements.
Read the message carefully. Robinhood will ask you to confirm that you want to delete the account. Tap or click the confirmation button. You will receive an email at the address associated with your account confirming that the deletion request has been received.
What happens after you submit the deletion request
Robinhood processes account deletions within three to five business days. You will receive a second email confirming that your account has been deleted. At that point, you will no longer be able to log in, and the account is gone.
Your tax documents (Form 1099s, trade confirmations) are deleted along with the account. If you need them for tax purposes, download or screenshot them before you delete. Robinhood does not send them to you after deletion, and you cannot recover them.
Reopening an account after deletion
You can create a new Robinhood account using the same email address after deletion is complete. There is no waiting period. However, you will start fresh—your old account history, settings, and watchlists will not carry over. You will need to verify your identity and link a bank account again.
If you deleted because of a problem with the app or your account, contact Robinhood Support before you delete to see if they can fix it. Deletion is permanent and cannot be undone.
Frequently Asked Questions
Can I delete my account if I have pending orders?
No. Cancel all pending buy and sell orders before you delete. Once cancelled, wait for the orders to clear from your account (usually one business day), then proceed with selling your holdings and withdrawing cash.
What if I have a negative cash balance or margin debt?
You must pay off any negative balance before deletion. Transfer money into your account to bring the balance to zero, then withdraw the rest. Robinhood will not delete an account with debt.
Will deleting my 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 report will not show the deletion.
Can I recover my account after deletion?
No. Deletion is permanent and cannot be reversed. You can open a new account, but the old one and all its history are gone for good.
Do I need to report the deletion to the IRS?
No. Closing a brokerage account is not a reportable event. However, you are still responsible for reporting any capital gains or losses from trades you made while the account was open. Download your tax documents before you delete.