Robinhood gold is a popular platform for buying and selling stocks and ETFs. It’s also a great way to save money with no trading fees, but what if you want to cancel your Gold membership? Here are the steps to canceling your Gold membership on Robinhood.
Gold membership has its benefits. It means you don’t have to pay trading fees, and it also offers access to premium features such as margin trading and extended market hours. However, if you’re not using these features or want to save money by canceling your Gold membership, here’s some tips:
The benefits of cancelling your Gold membership
By canceling your gold membership you can save money on trading fees, which can be significant if you’re a frequent trader and you can keep your access to the Robinhood app without paying for Gold membership.
How to cancel your Robinhood Gold membership
To cancel your Gold membership, you’ll need to go to the Robinhood website and sign in. Once you’re logged in, click on the account menu and select “Gold memberships”. From there, you’ll be able to see a list of all of your current Gold memberships and cancel them by selecting “Cancel”. It’s that easy! Canceling your Gold membership will save you money, and you’ll still have access to all of the great features of the Robinhood app.
Why you should cancel your Gold membership
There are a few reasons why you might want to cancel your Gold membership. Maybe you’re not using the premium features, or maybe you’re looking to save money on trading fees. Canceling your Gold membership is an easy way to do both of those things. Canceling your Gold membership also has other benefits. It can help you stay within your budget, and it can also free up some extra cash that you can use for other things. Overall, canceling your Gold membership is a great way to save money and still have access to all of the great features of the Robinhood app.
What to do after you’ve canceled your gold membership
After you cancel your Gold membership, all of the premium features will be disabled for Robinhood app. This includes margin trading and extended market hours, however, this does not affect the features that are available with the basic plan.
If you have an existing promotion or offer on your account, canceling your Gold membership will cancel those as well. However, there are still plenty of ways to save money with Robinhood- like no commission trades and rebates for instant deposits and investments.
Conclusion
Robinhood Gold is a popular trading platform that offers premium features such as margin trading and extended market hours, but if you’re not using these features or want to save money by canceling your Gold membership, here are some tips. To cancel your Robinhood gold membership, go to the website sign in and click on “Gold memberships”. From there you’ll be able to see a list of all of your current Gold memberships and then just select “Cancel” for each one. This will cancel them without affecting any other benefits from being a member besides the no-fee trades or access to premium features. The best thing about this is that it won’t affect any promotions or other discounts on your account either! So don’t hesitate- take advantage of the tips in this article and save some money!
