How to Withdraw Buying Power from Robinhood: A Step-by
Robinhood has become a go-to platform for millions of investors , thanks to its user-friendly interface and fee-free trading . However, understanding the concept of “ buying power ” and how to withdraw it can sometimes be challenging. This comprehensive guide will walk you through everything you need to know to withdraw your buying power from Robinhood , whether you want to use your profits, settle a sale, or withdraw your cash balance. What is Buying Power on Robinhood? Buying power on Robinhood represents the amount of money available to you for purchasing stocks, options, or cryptocurrencies. It consists of several components, including: Deposited Cash : Any funds you have transferred from your bank account to Robinhood. Settled Sales : Money from recent stock sales, is available to withdraw once the sale has fully settled. Margin (if eligible) : Borrowed funds for those with Robinhood Gold accounts, which provide additional leverage to increase your buying power. Buying pow...