How To Cancel Robinhood Gold

How To Cancel Robinhood Gold | Detailed Guide 2022

Are you looking for a way to help you figure out how to cancel Robinhood gold? If so, you’ve come to the correct spot. In this article, I’ll go over all there is to know about how to cancel Robinhood gold, as well as a lot more.

How To Cancel Robinhood Gold
How To Cancel Robinhood Gold

Continue reading this article to discover more. You may also tell your friends about this post so they will know how to cancel Robinhood gold.

Method | How To Cancel Robinhood Gold:

It’s simple to cancel your Robinhood premium subscription. All you have to do now is log into your gold account if you have the newest Robinhood app on your smartphone.

Before you do that, double-check that you’re logged into the correct account with the correct credentials. Also, the most recent version of the software is better; therefore, you should upgrade it first before using it.

How To Cancel Robinhood Gold
How To Cancel Robinhood Gold

Once you’ve done that, check to see whether you meet all of Robinhood’s fundamental conditions for downgrading from a gold account to an instant account.

Basic Requirements to Downgrade to an instant Account from Gold One

  • Your account cannot be used to invest in the margin, and users should have a significant marginal balance.
  • Deposits in excess of a thousand dollars should not be accessible on your profile or in use.
  • All of your purchases, even those that do not entail marginal pricing, have been fulfilled.
  • The money in your accounts should be more than the income that has accumulated and is waiting in your account.
  • You must have enough funds in your account to meet the security option’s criteria.
How To Cancel Robinhood Gold
How To Cancel Robinhood Gold

You may quickly downgrade your gold membership to an instant membership once you’ve verified that it meets these standards in its present state.

Steps | To Downgrade To An Instant Account From Gold One

To terminate your Robinhood Gold subscription, follow the steps outlined below.

  • On your mobile, launch your Robinhood gold account, then search for the account settings menu.
  • You would be routed to a website where you may quickly locate the deterioration from the gold allows participants if you select this option.
  • Simply click it, and your gold membership will be cancelled, allowing you to utilise your entire instant account.

Method | How To Turn Off Margin On Robinhood:

You must follow various processes regardless of the type of system you are using to switch off the margin on your Robinhood gold account. The technique for turning off Margin on Robinhood is the same whether you’re operating IOS or Android.

In all circumstances, though, the underlying necessity is the same.

The Robinhood application, in its most recent version, is required. It is accessible for both iOS and Android users.

The second step you’ll need is your Robinhood account’s authentication information and data.

Steps | To Turn Off Margin On Robinhood:

  • Step 1: Open the Robinhood application on your iOS or Android smartphone and update this to the current version.
  • Step 2: On the redirecting page, search for the account option in the bottom right corner.
  • Step 3: Select the profile to go to the next screen, which has the setup option.
  • Step 4: Go to your smartphone’s options and check for Gold membership options by selecting the Robinhood Gold options. On just this page, you will find.
  • Step 5: At the top of the existing tab on your display, you’ll see a Margin Investing button.
  • Step 6: Select the Stop Margin Investing option of turning off the margin trading.
  • Step 7: Return to the original accounts settings and go to your application’s investment settings.
  • Step 8: From the option bar that appears, select Day Trading Options.
  • Step 9: Finally, switch off the option for quick settlements.

You may switch off margin investing from your Robinhood premium membership by following this approach step by step.

Video Guide | Downgrade from Gold to Instant:

How To Cancel Robinhood Gold

Also Check: How To Delete Messages On OfferUp


Thank you for visiting our website and taking the time to browse around. This post on how to cancel Robinhood gold, it may be of assistance.

If you have any questions or suggestions, please post them in the comments section below, and if you enjoyed it, please share it with your friends on social media so they can learn how to cancel Robinhood gold as well.


Is it possible for me to cancel Robinhood gold anywhere at any time?

As provided, since you’re not to use any Gold Buying Power, you can downgrade to the Robinhood Instant or Cash profile at any moment.

Is it worthwhile to invest in Robinhood gold?

Robinhood Gold is a subscription product for consumers who desire more complex investment options. These investors make minimal amounts in order to avoid paying fees and commissions on each trade. Because there are no charges on every trade, gold may be more tempting to those who make a lot of stocks or ETF trades.

What happens if I remove Robinhood gold from my account?

You will revert back to Gold features again for the pay period if you downgrade, and you’ll be fined any accrued interest throughout that time. To downgrade your mobile phone app from Gold to Silver: At the lower right corner of the screen, click the Account symbol.

Is Webull better than Robinhood in terms of speed?

There is no final answer because each platform has its own set of advantages and disadvantages. Although, when it comes to processing orders, Webull may be a bit faster than Robinhood. This is due to the fact that Webull has a wider variety of trading platforms, which might lead to a more efficient procedure. Webull also boasts a shorter latency than Robinhood, which means your purchases are completed faster.

How much does gold cost in Robinhood?

At the start of each payment cycle, your card is billed once a month. If your settlement margin exceeds $1,000, interest is payable on the full sum.

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