Buzz
Are you prepared to bid farewell to your Robinhood account? Whether you've lost interest in trading stocks and cryptocurrencies or simply wish to move your investments elsewhere, closing your Robinhood account is a straightforward process. Before you proceed, ensure you've sold or transferred all your stocks and cryptocurrencies and withdrawn any remaining funds to your bank account. This Mytour guide will walk you through the easy steps of closing your Robinhood account.
Steps to Follow
Important Considerations
Before closing your Robinhood account, it's crucial to close all your open positions. This means selling any stocks or cryptocurrencies you hold. If you prefer not to sell but still want to discontinue using Robinhood, you have the option to transfer your positions to another brokerage or your crypto to another blockchain.
Ensure Your Balance Is Zero
Access Account Information Even After Closure
Closing Your Account Incurs No Charges
Deactivate Your Robinhood Debit Card
Process of Closing Your Account
Launch the Robinhood app
Close Any Remaining Stock Positions
Manage Your Cryptocurrency Holdings
Transfer Your Cash Balance to Your Bank
Access Your Account Settings
Locate the Menu Icon
Access the Settings Option
Initiate Account Deactivation
Conclude Remaining Tasks
Proceed with Account Deactivation
Moving to Another Brokerage
Access the Menu Icon in Robinhood
Navigate to the Investing Section
Record Your Account Number
Initiate Transfer with Your New Brokerage
Allow for Completion of the Transfer
Useful Tips
Additional Tips for Account Closure
