**How to Withdraw Money from Robinhood: Processes and Fees**
Robinhood is easy to use platform for trading stocks, ETFs, and cryptocurrencies. However, many users especially those who are new to investing may wonder “how to take money out of Robinhood.” Whether it is to get the profits of in need of quick access to funds. Withdrawing funds from Robinhood may seem confusing at first, especially for users who are unfamiliar with brokerage rules or transfer processes. While Robinhood offers withdrawable cash, understanding how it works can help avoid unnecessary delays.

By continue reading you learn the step-by-step process of [how to withdraw money from Robinhood](https://www.linkedin.com/pulse/robinhood-withdrawal-how-do-you-cash-out-from-rose-disuza-snvhe). Moreover, you will also get to know about withdrawal fees on Robinhood, transfer limits and time it takes to cash out funds from your Robinhood account. So, let’s begin and learn more about it.

How to Take Money Out of Robinhood?
There are two ways for [cashing out money from Robinhood](https://www.linkedin.com/pulse/robinhood-withdrawal-how-do-you-cash-out-from-rose-disuza-snvhe). One is through transferring funds to linked bank account or move funds to another brokerage account. Below mentioned are the simple explanation of both these methods:
Method 1. Transfer Money to a Linked Bank Account:
The first method is to withdraw money from Robinhood by transferring directly to your bank account. You need to follow the steps mentioned below to transfer to money to your linked bank account:
• Log into your Robinhood app on your smartphone or desktop.
• After this tap on the Account icon
• Here select the option to “Transfer To your Bank”
• Then you need to specify how much you want to withdraw.
• Next select the bank account and review the transfer details.
• At last, recheck all the details and confirm the transfer process.

Method 2. Transfer Funds to Another Brokerage (e.g., Fidelity):
Another option is to move your portfolio or cash to another brokerage, such as Fidelity. Here is how to do it:
• First of all make sure you have new Fidelity (or other brokerage) account.
• After this log into your new brokerage account and request an ACATS (Automated Customer Account Transfer Service) transfer.
• You can transfer all or part of your Robinhood portfolio.
• Your new brokerage will need your Robinhood account number to complete the process.
• So, provide the required details and confirm the transfer.
What is Withdrawable Cash on Robinhood?
Sometime you may find that Robinhood cash is now withdrawable. Below mentioned are some of the most common reasons behind it:
• Check that your Robinhood withdrawable cash. This is the amount you can transfer from Robinhood to your bank account.
• When you sell a stock, the proceeds take two business days to settle. During this period, the money cannot be withdrawn, but it can be reinvested in other stocks.
• If you do not see the full amount you expect to withdraw, it may be because some of your funds are still unsettled.

How to Withdraw from Robinhood Without a Bank Account
If you do not have a linked bank account or prefer to withdraw funds differently, here are some options:
• Use the ACATS transfer to move your funds to a different brokerage that offers check withdrawals or other payment methods.
• While Robinhood does not directly support these platforms, you can transfer funds from Robinhood to your bank and then send them to Cash App or PayPal.

How to Sell Stock on Robinhood and Cash Out
If your funds are tied up in stocks, follow these steps to sell your shares and withdraw the money:
• Open the Robinhood App and navigate to the stock you want to sell.
• Tap “Sell” and enter the number of shares or dollar amount you want to sell.
• Review the transaction details and tap “Submit.”
• The proceeds from the sale will take two business days to settle.
• Once the funds are settled, you can transfer them to your bank account using the steps outlined above.

FAQ
How to get brokerage cash out of Robinhood?
You can withdraw the brokerage cash click on the Transfers section in the app and select the Transfer to your bank option.

How to sell stock on Robinhood and cash out?
To sell stock, open the Robinhood app, find the stock you want to sell, and enter the number of shares to sell. After the sale, wait for the funds to settle (two business days) before withdrawing them to your bank account.

How do I get my money out of Robinhood?
To get money out of Robinhood, you need to transfer it to linked bank account to initiate the ACATS transfer to another brokerage.

Is there a transfer fee from Robinhood to Fidelity?
Yes, Robinhood charges a $100 fee for outgoing ACATS transfers to other brokerages, including Fidelity.