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I hereby notify you of my decision to terminate the contract relating to the Robinhood service.
This notification constitutes a firm, clear and unequivocal intention to cancel the contract, effective at the earliest possible date or in accordance with the applicable contractual period.
Please take all necessary measures to:
– cease all billing from the effective date of cancellation;
– confirm in writing the proper processing of this request;
– and, if applicable, send me the final statement or balance confirmation.
This cancellation is addressed to you by certified e-mail. The sending, timestamping and content integrity are established, making it a probative document meeting electronic proof requirements. You therefore have all the necessary elements to proceed with regular processing of this cancellation, in accordance with applicable principles regarding written notification and contractual freedom.
In accordance with personal data protection rules, I also request:
– deletion of all my data not necessary for your legal or accounting obligations;
– closure of any associated personal account;
– and confirmation of actual data deletion according to applicable privacy rights.
I retain a complete copy of this notification as well as proof of sending.
Important warning regarding service limitations
In the interest of transparency and prevention, it is essential to recall the inherent limitations of any dematerialized sending service, even when timestamped, tracked and certified. Guarantees relate to sending and technical proof, but never to the recipient's behavior, diligence or decisions.
Please note, Postclic cannot:
- guarantee that the recipient receives, opens or becomes aware of your e-mail.
- guarantee that the recipient processes, accepts or executes your request.
- guarantee the accuracy or completeness of content written by the user.
- guarantee the validity of an incorrect or outdated address.
- prevent the recipient from contesting the legal scope of the mail.
Cancellation Robinhood: Easy Method
What is Robinhood
Overview
Robinhood is a U.S.-based commission-free trading platform for stocks, options, ETFs and cryptocurrencies. It offers a consumer app and web interface plus an optional paid tier called Robinhood Gold.
Availability
Robinhood is not officially available in India. Indian residents cannot directly open standard Robinhood brokerage accounts or access INR pricing through an in-market service.
How to cancel Robinhood
Cancel a brokerage (self-directed taxable) account
- Close all open positions in the account.
- Ensure there are no pending deposits, scheduled transfers, or upcoming payments.
- Have a zero balance ($0) in the account before proceeding.
- In the app or web: Account → Settings → Deactivate Account to deactivate the primary account.
Cancel subscriptions and orders
- To cancel Robinhood Gold: Account → Menu → Robinhood Gold → Cancel membership; benefits remain until the billing cycle ends.
- To cancel a pending order: Account → History → Pending → select the order → Cancel order. Executed trades cannot be canceled.
What happens when you cancel
Account access and visibility
Deactivating a self-directed taxable account removes active trading access. Funds and historical data typically remain viewable after deactivation.
Reactivation and limits
Reactivation is generally possible only for the primary account. Reactivation rules and eligibility can vary and may require contacting support.
Will I get a refund?
Executed trades
Executed trades (stocks, options, crypto) are final and irreversible; refunds for completed trades are not available.
Billing, subscriptions and exceptional refunds
- Subscription or billing errors (duplicate charges, billing after cancellation, unauthorized charges) may be investigated case-by-case.
- Cancelling Gold before the next billing date prevents future charges; refunds or credits for unused Gold time may be granted but are not automatic.
- Contact support promptly to request investigation for any billing or unauthorized charge.
Robinhood plans and pricing
Pricing summary
Robinhood does not publish official INR pricing for users in India because it is not officially available in the Indian market.
Contact for official pricing
If you require current official pricing for any region, consult Robinhood directly through the app or official channels where available.
| Plan | Availability in India | Price (INR) |
|---|---|---|
| Self-directed trading | Not officially available in India | Contact for pricing |
| Robinhood Gold (subscription) | Not officially available in India | Contact for pricing |
Your consumer rights in India
Legal applicability
Because Robinhood is not available in India, typical Indian consumer protections do not apply to use of Robinhood services from within India.
Local remedies and expectations
- Indian consumer laws (for example, Consumer Protection Act) generally apply to domestic suppliers; they do not create in-market rights against a foreign platform that does not operate in India.
- If you used a third-party or intermediary in India, available remedies will depend on that intermediary and applicable Indian rules.
Customer experiences
Positive feedback
- Some users praise the intuitive interface, commission-free trading model, and ease of part-share buying.
- Users who had smooth deposits and trading cite convenience for beginners.
Common complaints
- Frequent negative reports include delayed or held withdrawals, abrupt account restrictions, and unresponsive customer support.
- Other issues reported by users include app glitches, margin/account calculation problems, and difficulty resolving freezes or blocks.
Documentation checklist
Before cancelling a brokerage account
- Statement showing all positions closed and $0 cash balance.
- Records of any pending deposits or scheduled transfers to cancel.
- Confirmation screenshots of the account Deactivate flow if available.
For subscription or billing disputes
- Billing statements, dates of charges, and screenshots of subscription status.
- Emails or in-app messages confirming cancellation attempts or billing errors.
Common mistakes
Canceling with active positions or non-zero balance
Attempting to deactivate an account while positions remain open or with a non-zero balance will prevent cancellation. Always close positions and withdraw or transfer funds first.
Missing timing on subscription cancellations
Failing to cancel Robinhood Gold before the next billing date can result in an additional billing cycle. Cancel early if you want to avoid the next charge.
Comparative recap
How Robinhood compares
This table contrasts key aspects of Robinhood (U.S. platform) with typical expectations from an Indian broker or in-market service.
Summary comparison
| Feature | Robinhood (U.S., not in India) | Typical Indian broker / in-market service |
|---|---|---|
| Availability | Not officially available in India | Operates under Indian regulations and available to Indian residents |
| Pricing display | No official INR pricing published | Displays INR pricing and local fee schedule |
| Account cancellation | Requires closing positions, $0 balance, then Deactivate Account | Varies by broker; typically local support and documented processes |
| Refunds for trades | Executed trades are final; no refunds | Executed trades are generally final; billing disputes handled locally |
| Consumer protection | No in-market Indian consumer protections apply | Subject to Indian consumer protection and regulator oversight |
After cancelling
What to keep
- Save confirmation screens, account statements showing zero balance, and any cancellation emails or messages.
- Keep a record of date/time you initiated cancellation and any support ticket numbers.
Further steps
If you have billing or unauthorized charge concerns, contact support promptly through the app and keep documentation for any dispute.
Address
Robinhood-related Indian address (information)
Office No. 212, 2nd Floor, Powai Plaza, Powai, Mumbai, Maharashtra 400076, India
Notes about the address
The presence of a local address does not imply that Robinhood provides in-market brokerage services in India. Use official channels in the app or website where available for account and billing actions.