Robinhood doesn’t charge you anything to close your brokerage account, but you’ll need to submit a request for the closure. Your account needs a $0.00 balance before you close it. Now let’s see how you can close your Robinhood account: 1. Sell your securities and transfer your cash balance to an external account. The mobile app lets you do this quite easily. There are also no commissions, meaning that you don’t need to be concerned about unexpected costs. 2. Once there are no funds in your account, submit your closure request by writing an email to support@robinhood.com. It may take up to seven days for the platform to complete your request. Alternatively, you can use the closure request in the mobile app: 1. Open the app and head to the “Help” section. 2. Select the “Contact Support” option. 3. Tap the “My Account” button and choose “Close my account.” You can now enter a brief message to accompany your closure request. Unfortunately, Robinhood doesn’t offer online chat for submitting your request, unlike some other brokers. Once your request has been granted, your account statements, trade confirmations, and tax documents will remain available on the mobile platform. However, uninstalling and re-downloading the app won’t re-open your account. If you wish to reactivate it following a closure, you’ll need to submit an application.