Robinhood Instant Deposit Limit in 2024

Robinhood maximum deposit limit. What's the Robinhood instant deposit limit per day?

Are you wondering how much can you deposit into your Robinhood account in 2024? Whether you plan to make a deposit with ACH, direct deposit, or ACAT transfer, deposit limits are similar.

We’ve collected all the necessary information about deposit limits at Robinhood to make things easier for you. Keep reading for details.

Making Deposits at Robinhood

There are a few different ways that you can get funds into your investment account at Robinhood. One of the easiest to set up for most US-based investors is ACH.

However, it is also possible to take advantage of the cash management features on offer to make direct deposits with a recurring income source, like a paycheck. Full account transfers (ACATs) are also possible, as are bank wires.

Robinhood Deposit Limits

At Robinhood, the maximum limit for ACH deposits is set at $50,000 per day and for non-ACH deposits the limit is set at $250,000 per day.

Robinhood Instant Deposit Limits

To ease the 3-5 day holding period for newly transferred funds, Robinhood offers a program called Instant Deposits. While Instant Deposits are not outside funds coming into your Robinhood brokerage account, Robinhood lends deposits to traders who have initiated transfers.

All traders with a margin account get immediate access to $1,000 for trading as soon as the deposit request goes out. Instant deposits can be considerably higher than $1000, however.

Depending on your account size, it is possible to get Instant Deposits ranging in size from $5K to $50K. As 50K is already the daily allowable deposit limit, it is also the ceiling for Instant Deposit increases. To get access to larger instant deposits, singing up for Robinhood Gold is required.

Robinhood Deposit Method 1: ACH

As mentioned, the primary method of getting funds into your Robinhood account is through ACH transfers. From both the app and the web interface, navigating to the ‘Account’ menu will lead you the Deposits tool. All that is needed to get the process going is to decide on a transfer amount, link your financial institution using Plaid, and sending the request.

Robinhood will notify you that the request was successful and ask you if you would like to take advantage of the Instant Deposit feature (more on this later).

ACH transfers can take up to 5 days to complete, but with Instant Deposits, funds are usually available for trading on the same day.

Robinhood Deposit Method 2: Direct Deposit

If you are looking for a way to make recurring deposits into your trading account at Robinhood, there are a couple ways to do it. One popular method is to set up direct deposits. While it is not possible to make deposits via personal check, government checks and payroll checks can be set up for direct deposit.

Funds deposited with direct deposit take approximately 2 days to show up in the investment account. However, the first payment can take up to 2 pay cycles as it takes Robinhood some time to set things up.

Robinhood Deposit Method 3: ACATS

Transferring an outside is another way that investors can get funds into Robinhood. ACATS are designed to move funds and securities from one brokerage to another.

As such, it is possible to transfer a positive account balance, along with any stock, ETF, or options positions that you are holding in another brokerage account.

There are no deposit limits for this type of transfer. As a result, it may be most suitable for large account deposits. Keep in mind, though. It will take up to 10 business days for the funds and securities to settle into the account.