A complete breakdown of funding your account at Robinhood. Review their minimum deposits, supported payment methods, and withdrawal timelines.
Required to open a live account.
Average processing time for requests.
Note: Anti-Money Laundering (AML) laws typically require you to withdraw funds using the same method you used to deposit.
Withdrawals at Robinhood typically take Same day. However, if you use e-wallets like Skrill or Neteller, it is often processed within 24 hours. The maximum processing time varies depending on the method.
The minimum deposit required to open a live trading account with Robinhood is completely free (no minimum). This makes it highly accessible for both beginner and professional traders.
Currently, Robinhood does not explicitly list cryptocurrency as a standard withdrawal method. You will need to use traditional methods like Bank Wire or Credit Cards.
See which brokers are the closest competitors to Robinhood.