Robinhood is a financial service company working to democratize finance through offering free trading, cash management accounts and cryptocurrency trading. In this guide, we shall show you How to withdraw funds from Robinhood.
In the recent past, Robinhood has acquired quite a popularity thus a massive surge in activity. To withdraw the funds you get from the activities you partake in is a simple process and we shall show you how to withdraw funds from your Robinhood account.
How to withdraw money from Robinhood using Android/iOS
To withdraw from android/iOS is almost the same procedure with one or two differences.
1 Tap the “Account” icon which is at the bottom right corner of the application
2 Then tap the “Transfers” button.
3 Select “Transfer to your Bank”
4 In the list that is brought forth, choose your bank
5 Enter your bank account details and input the amount you wish to withdraw from your Robinhood account.
6 Confirm all the details and hit the “Confirm” button.
How to withdraw from Robinhood online
If you wish to complete the transaction from the web it’s also as simple as using the application. Do the following:
1 Log in to your Robinhood account
2 Head to the top right corner and click “Account”
3 Afterward, click on the”Banking” option.
4 On the page that will appear enter the amount you wish to withdraw.
5 Finally confirm the transaction and wait for your funds.
Before withdrawing any funds they need to settle in your account for at least two trading days. The period will be for your funds to be withdrawable.
Robinhood has very small charges for its services and no charges at all for bank transfers.