---
title: Closing Your Account
group: Account & Security
subtitle: How to close your Light Horse account and withdraw your assets.
description: Steps to close your Light Horse Securities account — selling positions, withdrawing cash, and contacting support to terminate the account.
---

## Before Closing

Before closing your account, you must:

1. **Sell all open positions** — you cannot close an account that holds securities
2. **Cancel all open orders**
3. **Pay off any margin balance** (if applicable)
4. **Withdraw your remaining cash** to your linked bank account

## Withdrawing Your Cash

Once all positions are sold and settled, initiate a withdrawal for your full cash balance:

1. Log in at [portal.lighthorse.io](https://portal.lighthorse.io)
2. Navigate to **Withdraw**
3. Select your linked bank account and enter the full amount
4. Confirm

Remember that sale proceeds take **T+2 (2 business days)** to settle before they can be withdrawn.

## Closing the Account

After your balance reaches $0, contact **Light Horse support** to formally close your account. Your account history and documents will remain accessible for a period after closure for tax and record-keeping purposes.

## Alternatives to Closing

If you're thinking about closing due to a specific issue, our support team may be able to help. Alternatively, you can **transfer your portfolio to another broker** via ACAT before closing — see [Transferring In From Another Broker](/instructions/account/transfer-acat).