Robinhood has become a popular platform for buying and selling stocks, and for many investors, the process of withdrawing funds from the platform is straightforward.
However, there may be times when you encounter issues with withdrawing money from Robinhood, leaving you frustrated and wondering why you can't get your funds.
Here are some common reasons why you may not be able to withdraw money from your Robinhood account to help you understand the withdrawal process better.
If your Robinhood account has been restricted, you may be unable to withdraw funds. Common reasons for restrictions include unusual account activity, compliance issues, negative balances, or if you are designated as a control person for a company, which can block trading certain stocks for regulatory reasons.
For example, if you declared yourself a control person incorrectly or no longer hold that status, you need to contact Robinhood to update your account.
Resolving account restrictions typically involves contacting Robinhood's customer support to understand the specific issue and completing any required steps. This may include uploading documentation to verify your identity or financial status and covering any negative balances.
Getting in touch with support promptly will help you remove the restriction and access your funds as soon as possible.
After selling assets on Robinhood, there is a settlement period before you can withdraw the proceeds. For equities (stocks), this is typically the trade date plus two trading days (T+2), commonly called regular-way settlement.
However, other assets have different settlement times:
Understanding these timelines can help set realistic expectations for when your funds will be accessible for withdrawal.
Robinhood enforces withdrawal limits depending on the transfer method:
| Transfer Method | Daily Withdrawal Limit | Notes |
|---|---|---|
| ACH Transfer (Originated) | $50,000 | Five withdrawal transactions per day limit |
| ACH Transfer (Non-originated) | $250,000 | No transaction count limit |
| Instant Debit Card Transfers | Varies by user | 1.75% fee per transfer (minimum $1, max $150); no withdrawal count limit |
| Moneysend | $2,999 per 7-day rolling period | Subject to 7-day rolling limits |
Instant transfers to your linked debit card can make funds available immediately but come with a fee of approximately 1.75% per transaction (minimum $1, maximum $150).
You can view your specific limits in the Robinhood app under the “Transfer” or “Account” sections to check your withdrawal eligibility and limits.
Negative balances in your account must be covered before withdrawals are permitted. This is especially important if you use margin investing, where a minimum account value of $2,000 must be maintained unless you disable margin investing.
You may also have funds on hold due to pending transactions from the Robinhood Cash Card, round-ups, or other pending authorizations that temporarily limit withdrawal availability.
If you experience ongoing issues or want to explore other investment platforms, consider alternatives like Public.
Public allows investing in stocks, ETFs, and crypto, and offers features like high-yield savings, bonds, and treasuries, providing a varied set of options. Their withdrawal processes and limits differ, and reviewing those may help you find a platform that better fits your needs.
| Platform | Typical Withdrawal Limit | Instant Transfer Fees | Notes |
|---|---|---|---|
| Robinhood | $50,000 daily (ACH) | 1.75% per instant debit card transfer | Includes fractional shares 30-day hold |
| Public | Varies | Typically no fees for ACH | Offers additional investment options |
If you can't withdraw money from your Robinhood account, it is often due to account restrictions, settlement periods, or withdrawal limits. Understanding these factors and keeping in contact with Robinhood's customer support will help you resolve issues more quickly.
Robinhood remains a user-friendly platform with convenient withdrawal options, including instant transfers if you're willing to pay a small fee.
By keeping these updated policies and procedures in mind, you can manage your withdrawals effectively in 2025.
Don't forget to grab your free stock worth up to $200 from Robinhood today!
