Brokerage cash may be margin used, and if you have buying power through margin that would be why you can't withdraw it.
Robinhood can't withdraw buying power. I realized why i couldn't. By this rule, these uninvested funds must stay in your account for at least 5 trading. 👉why you can't withdraw your money from robinhood👉lock in your best rate today and get your family covered with ladder at:
Robinhood sometimes restricts users' accounts.that can happen if the user has a. After logging in robinhood.com, click the “account” menu in the top right to bring up the menu dropdown. Idk y but i remember reading about it on robinhood website.
When making a purchase, the broker requires you to have a little more money over the displayed price of the stock you want to buy. You may not be able to withdraw money while your account is restricted. Assuming the money is free to be moved, you’re eligible for five.
Robinhood also offers a margin account through robinhood gold which lets users borrow. You have to wait a couple of days if you sell stock in order to withdraw it. If you can’t withdraw money from robinhood, check to make sure the funds aren’t still in the settlement period.