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How to Cancel Robinhood Gold

Robinhood Gold is the premium tier of the Robinhood trading app, offering higher interest on uninvested cash, professional research (Morningstar), larger instant deposits, and margin trading. Cancellation is done directly in the app. Downgrading does not close your Robinhood account.

Easy
Software

Steps verified

Quick Facts

Monthly cost
£5.00/mo
£60.00/year
Cancel online?
Yes
Pause option?
No
Refund policy
No prorated refund. Cancellation takes effect at the end of the billing period.
After cancellation
Trading history and account data retained per SEC requirements.

Cancellation Steps

Go directly to Robinhood Gold cancellation page

  1. Open the Robinhood app

    Sign in to your Robinhood account.

  2. Go to Settings

    Tap your profile icon, then select Settings.

  3. Select Robinhood Gold

    Find the Gold membership section.

  4. Cancel Gold subscription

    Tap Cancel Robinhood Gold and confirm.

  5. Verify downgrade

    Your account reverts to the free tier. Margin positions may need to be closed.

Tips & Things to Know

  • If you have margin positions, close them before downgrading to avoid margin calls.
  • Your higher APY on uninvested cash reverts to the standard rate immediately.
  • Cancellation is instant -- there is no notice period or prorated refund.

Your Consumer Rights

  • FINRA and SEC regulations govern brokerage account practices.
  • Under ROSCA, Robinhood must provide a simple cancellation mechanism for Gold.
  • The SEC requires retention of trading records regardless of subscription status.

Frequently Asked Questions

Does cancelling Gold close my Robinhood account?
No. You revert to the free Robinhood tier. Your investments remain.
What happens to my margin positions?
You must close margin positions before downgrading or face a margin call.
Will I lose my higher cash APY?
Yes. Your uninvested cash interest rate drops to the standard tier immediately.
Can I resubscribe to Gold later?
Yes. You can reactivate Robinhood Gold at any time.
Is there a free trial?
Robinhood occasionally offers a 30-day free trial of Gold for new users.

Related Cancellation Guides