If you have an existing Robinhood account which you haven’t used for long, it’s essential to be aware of how to activate it.
In this post, we’ll guide you through the procedure to Reactivate Your Robinhood Account. Be aware that there might be variations based on the date you first opened your account. Let’s get started!
Robinhood is a finance mobile application available on both Android and IOS. It lets users purchase and sells stocks ETFs, options and cryptos without commissions.
Robinhood was established in 2013 with $56 million of funding from top investors, such as Google Ventures.
So, what’s the procedure for activating the Robinhood account? Before we get started, it’s essential to know that there are two types of accounts that are locked:
Different Types Of locked Accounts In Robinhood
Type 1: Login-Based Account Lock For The User
User-Initiated Locks occur when the user activates the security features of their account, or the account has been compromised. The user must remove 2FA and then change their password before reactivating the account.
Type 2. Developer Initiated Account Lock
We assist users who were denied access to their Robinhood accounts blocked due to suspicious activities (Type 2) and need to get further reviews by developers before reaccessing them.
How to Reactivate Your Robinhood Account
Step 1. Before you begin, log in with your login on Robinhood’s website. Robinhood website using your username and email linked to your account.
Step 2. Once you’ve signed in, click your username in the upper right-hand corner and choose ” Help.”
Step 3. There are six different categories, each with varying topics of assistance. Select the category which says ” Account Locked” to start.
Step 4. At this point, there is an option for you to ” Reactivate Account” if you believe your account was blocked because of suspicious activity. This option will only be available when the account is Type 2 (Developer initiated
Step 5. If you’re still not sure of the reason your account is not working, select”I’m not sure” or ” I don’t know.”Next, click on the ” Reactivate Account” button.
Step 6. This will be the initial step to submitting an account request. The form will require you to select the kind of help topic you are making available for your account and whether it’s an urgent issue or not. Choose ” Account Locked” and then click the next.
Step 7. Even even though this tutorial is intended for accounts that have been locked because of suspicious activity, you’ll still need to choose one of the choices. If you’re unsure what option is appropriate for your particular situation, select ” I don’t know” and move on to the following step.
Step 8. It asks you to explain what has happened in your accounts. Each option is valid, and it doesn’t matter what you select. Click on each option to learn more about what transpired in your account.
Step 9. The next step asks you how frequently you use Robinhood. Choose ” I don’t know” and then click the next.
Step 10. It is the final step before applying. In this section, we will request the details of your personal information like your name, date of birth, and your Social Security number. This will allow the company further analyze your account
In each field, inquire about the type 2—Robinhood account.
What is the Time It Will Take to Reopen a Robbiehood Account?
Most of the time, receiving your account back will take around 4 weeks. However, in some instances, it may take longer. After it has been returned, you must immediately establish 2FA on your account before taking any other action.
What Happens If Your Robinhood Account is Deactivated?
If your Robinhood account is removed and you can no longer log in and access your account. The pending orders and funds will be available until you can log in to your account once more.
Does deactivating the Robinhood Account Remove It?
It will be dormant, and someone else will be able to use your username. It does not delete the account and keeps it in a state of hold until you get 2FA linked to it.
The Final Words
Reactivating the deleted Robinhood account is relatively easy. It takes approximately four weeks to have your account checked and returned.
If it’s returned, immediately secure your account using 2FA if you didn’t yet. We hope that this guide will help you understand the procedure for reactivating the deleted Robinhood account.