Brokerage cash may be margin used, and if you have buying power through margin that would be why you can't withdraw it.
Robinhood how to withdraw buying power. Initiate a transfer from robinhood to your. Idk y but i remember reading about it on robinhood website. Robinhood signup referral link (get free stock):
So if you added $100 and bought stock with $50, you would have $50 buying power. You have to wait a couple of days if you sell stock in order to withdraw it. Click account in the upper right corner of the screen.
Robinhood also offers a margin account through robinhood gold which lets users borrow. By this rule, these uninvested funds must stay in your account for at least 5 trading. Buying power on robinhood refers to the amount of money you have available to invest.
2 (300 reviews) highest rating: Buying power is the amount of money you can use to purchase stocks, options, or cryptocurrencies.trading in stocks and options is done through. If you are using your smartphone to withdraw money from robinhood, all you need is your phone, access to your account, and the robinhood app.
I realized why i couldn't. Securities settlement time from the sec.