How to Cancel Your
Robinhood Gold Subscription
Cancel Robinhood Gold in under 2 minutes. Here are the exact steps to downgrade your account, whether you use the app or the website.
Quick Overview
Difficulty
EasyTime
~2 minutes
Method
App or Website
Refund
No prorated refund
Cancel Robinhood Gold in the App
Open the Robinhood app
Launch the Robinhood app on your iPhone or Android device. You can also go to robinhood.com in a web browser and log in. Make sure you are signed into the account that has the Gold subscription.
Go to Account Settings
Tap the person icon in the bottom-right corner of the app. Then tap the gear icon (Settings) in the top-right corner of the Account screen. On the web, click your profile and navigate to Settings.
Tap Robinhood Gold
Scroll down in the Settings menu until you see Robinhood Gold. Tap on it to open your Gold subscription management page, which shows your current plan details, benefits, and billing information.
Tap Cancel Gold Subscription
Scroll to the bottom of the Gold page and tap Cancel Gold Subscription. Robinhood will show a summary of the benefits you will lose, including higher interest rates on uninvested cash, professional research, and margin access.
Confirm the cancellation
Review the details and tap Confirm Cancellation. If you have open margin positions, Robinhood may require you to close them or deposit cash to cover the balance before the cancellation can go through. You will receive a confirmation email.
Subscribed Through Apple or Google?
If you signed up for Robinhood Gold through the Apple App Store or Google Play Store, you need to cancel through those platforms instead. The in-app settings may not show the cancel option in this case.
Cancel via iPhone / iPad
- 1. Open Settings on your iPhone
- 2. Tap your name at the top (Apple Account)
- 3. Tap Subscriptions
- 4. Tap Robinhood Gold in the list
- 5. Tap Cancel Subscription and confirm
Cancel via Android
- 1. Open the Google Play Store app
- 2. Tap your profile icon (top right)
- 3. Tap Payments & subscriptions
- 4. Tap Subscriptions then Robinhood Gold
- 5. Tap Cancel subscription and confirm
What Happens After You Cancel Robinhood Gold?
Gold benefits last until your billing period ends
After you cancel, you continue to enjoy all Robinhood Gold perks, including higher interest on uninvested cash and professional research reports, until the end of your current billing cycle.
Margin investing is disabled
Once Gold ends, you lose access to margin investing. If you have margin positions, Robinhood will require you to close them or cover the balance with a cash deposit before the cancellation takes effect.
Your interest rate on uninvested cash drops
Robinhood Gold members earn a higher APY on uninvested cash held in their brokerage account. After canceling, your interest rate reverts to the standard non-Gold rate, which is significantly lower.
Your brokerage account stays open
Canceling Gold does not close your Robinhood brokerage account. Your stocks, ETFs, options, and crypto holdings remain unchanged. You simply lose the premium Gold features.
Frequently Asked Questions
Will I get a refund if I cancel Robinhood Gold?
Robinhood does not typically offer prorated refunds for Robinhood Gold. After canceling, your Gold benefits continue until the end of the current billing cycle. You will not be charged again after that date.
What happens to my margin positions?
If you are using margin (borrowed money) to hold investments, you will need to either close those margin positions or deposit enough cash to cover the full value before the cancellation processes. Robinhood will not let you cancel Gold while you have an outstanding margin balance.
Can I resubscribe to Robinhood Gold later?
Yes. You can resubscribe to Robinhood Gold at any time through the app or website. Go to Settings, tap Robinhood Gold, and follow the prompts to sign up again. Your investments and account data will still be there.
Do I lose access to professional research?
Yes. Morningstar research reports and other Gold-exclusive research tools become unavailable after your billing period ends. You will still have access to basic market data and news available to all Robinhood users.
How much does Robinhood Gold cost?
Robinhood Gold costs $5 per month. It includes benefits like higher interest on uninvested cash, margin investing, professional research from Morningstar, and larger instant deposits. You can try it with a free trial if you have not used one before.
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