eToro Withdrawal

Written by Mike Druttman

Reviewed by Nadav Zelver

Taking money out of eToro is simple enough, but it pays to know the rules before you hit that button. A quick look at their withdrawal policies will save you from unnecessary delays or rejected requests.

When Can You Withdraw?

As long as your account is verified, you can request a withdrawal whenever you like. There are no limits on timing from eToro’s side. Feel like cashing out at midnight, in the morning or while you're riding the bus? You can do so, as long as you have a verified account.

Withdrawing on Non-Business Days or Weekends

These are the things that you should be aware of:

• Withdrawals can be requested any day of the week, including weekends.
• Processing only happens on business days (Monday–Friday).
• Bank and public holidays count as non-working days.
• The cutoff for same-day processing is 11:00 am Eastern European Time.
• Miss the cutoff or request on a holiday? Your withdrawal moves to the next business day.

Supported Withdrawal Methods

eToro's Withdrawal Policy and Prioritization

Withdrawals are sent back through the same payment method you used to deposit. If you’ve used multiple funding sources, eToro follows this order:

• Credit Card
• PayPal
• Bank Transfer

This order stays fixed, no matter what sequence you originally deposited in. For example, if you funded with PayPal first, then a card later, the card still comes first when withdrawing.

Credit Card Withdrawals

The same card you used to deposit is the one that receives your withdrawal. Funds are issued as a card refund, not a fresh cash transfer. Also, the card must be yours personally. Joint accounts or third-party cards won’t be accepted.

PayPal Withdrawals

You can only send funds to PayPal if that PayPal account was previously used to deposit. No exceptions here.

Bank Transfer Withdrawals

If you go with a bank transfer, eToro needs your full account details, including an ABA routing number that’s Fedwire eligible. Double-checking the information you provide matters a lot. Any mistake could mean a delayed or failed transfer.

Withdrawal Fees on eToro

eToro applies a flat $5 fee to every withdrawal request. The amount doesn’t matter. Whether you take out $30 or $1,000, the deduction is the same $5.

These are additional charges you should know about:

• Currency Conversion: If you withdraw in a currency other than USD, you’ll face conversion fees.
• Transfer Charges: Depending on your payment provider, there may be extra processing fees on top.

Exchange Rate for Withdrawals

The exchange rate depends on two things: your eToro account currency and the withdrawal method you choose. eToro uses the current market rate at the moment you process your withdrawal.

Important points to keep in mind:

• Exchange rates move constantly, which means the final amount hitting your account can change by the time it’s processed.
• Some withdrawal methods come with added conversion fees or use rates that aren’t the most favorable. Always check the terms for your chosen method before hitting the submit button.

Withdrawal Fees and Process for eToro Users in the USA

eToro’s Policies for US-Based Traders and Premium Members

For USA traders, If you’re registered under eToro USA LLC or live in the United States, there’s no withdrawal fee. Zero.

That said, your bank may still apply charges on their side. It’s best to check with them in advance so you’re not surprised by extra deductions.

Platinum, Platinum+, and Diamond Members

Club members at these levels don’t pay withdrawal fees either. It’s one of the added benefits of being in the upper tiers.

Withdrawal Steps

Here’s how the process works on the platform:

1. Go to “Withdraw Funds.” A pop-up will appear.
2. Enter the amount you want to withdraw and click Submit.
3. Review any system notices, like missed opportunities or potential loss of benefits. If those don’t apply, continue. If they do, you can cancel.
4. Select the reason for your withdrawal from the options provided (profits, personal needs, switching platforms, etc.).
5. Confirm your choice and click Continue.
6. The system will process the withdrawal using your previous funding method. Click Submit Request. If your full amount can’t be sent to your primary method, you’ll need to provide an alternative option.
7. Once submitted, you’ll get a confirmation with processing times and the exact payout amount, after deducting the $5 fee (if applicable) plus any extra charges.

Withdrawal Processing Time on eToro

Processing Time vs. Receipt of Funds

First things first, let’s clear up a common confusion. There’s a difference between eToro’s processing time and the time it takes for your bank or payment provider to release the funds.

• Processing of Withdrawal Request: eToro usually processes withdrawals within one business day. That’s assuming your account details and request are all in order.
• Receiving the Funds: How long it takes to see the money in your account depends on the payment method you’ve chosen. At this stage, it’s in the hands of your bank or payment service, not eToro.

Cancelling a Withdrawal Request on eToro

Changed your mind? You can cancel a withdrawal,  provided eToro hasn’t already processed it. Here’s how to do it step by step:

1. Go to the Withdraw Funds section in your eToro account.
2. A pop-up will appear. Hit the Click Here link to open your withdrawal history.
3. Find the withdrawal you want to cancel and click Reverse.
4. A confirmation prompt will pop up. Press Confirm.

Once confirmed, your balance updates instantly. Any fees tied to that withdrawal are also reversed.

Withdrawing from eToro Requires a Verified Account

No verification, no withdrawal. To take funds out, your eToro profile needs to be verified. Look for the green tick next to your username.

If it’s missing, you’ll need to submit additional documents. Still stuck? Contact eToro’s support team for guidance.

So what's with all these paperworks? You see, licensed financial companies are legally required to collect this information. It’s both a regulatory and security measure to protect your funds and validate every request.

Minimum and Maximum Withdrawal Amounts

• Minimum: $30 per transaction.
• Maximum: None. You can withdraw as much as you like.

Withdrawing Cryptocurrency from eToro

Crypto withdrawals work a little differently. You can’t move these types assets straight out of the trading platform. First, they have to go through the eToro Money wallet.

Login: Use your existing eToro account credentials.

Transfer Steps:

1. Head to your portfolio and choose the crypto you want to move.
2. If you hold more than one position, select the exact trade you’re transferring.
3. An Edit Trade pop-up will appear. Click Transfer to Wallet.
4. A Transfer Coins window will show the details. Double-check and hit Transfer.

Once it’s in your eToro Money crypto wallet, you’re free to send it on to an external wallet of your choice.

Withdrawal Issues on eToro

If your withdrawal request on eToro gets knocked back, don’t panic. There are a few common reasons this can happen.

• Insufficient Funds – You might not have enough in your account to cover fees or pending transactions.
• Compliance Flags – Withdrawals can be paused if your account triggers checks under Anti-Money Laundering (AML) laws.

Tracking Withdrawal History

Want to see what’s going on with your withdrawal? eToro makes it pretty straightforward:

1. Head over to the Withdraw Funds section on the platform.
2. Click the Click Here link to view your history.

You’ll see all the details you need, including:

• Transaction ID
• Type of transaction
• Date
• Amount (with conversion rates if you’re withdrawing in non-USD)
• Status

Tip: This page shows both processed and pending transactions, so you can track everything tied to your account.

eToro's Withdrawal Policy

Every region has its own playbook. Fees, minimums, and conditions vary depending on where you live: UK, Australia, Europe, and beyond. The fine print lives in eToro’s Terms and Conditions, so make sure you check what applies in your location before moving money.

Source: https://www.etoro.com/wp-content/uploads/2025/07/eToro-EU-Terms-and-Conditions-MiCA-PI-Diversification-Fees-UK-CLEAN.pdf

Withdrawals for Unverified Accounts on eToro

No shortcuts here. Your account has to be verified before you can withdraw. This rule protects both you and eToro.

• Verification Requirements: You’ll need to submit proof of identity (passport or driver’s license) and proof of address (utility bill or bank statement).
• Timing: Verification can take time. Best move? Get it done early so withdrawals aren’t held up later.
• Frequency: eToro doesn’t limit how often you withdraw. As long as you meet the minimum withdrawal amount and your account is in good standing, you can pull funds whenever you like.

Withdrawal Limits and Withdrawing Profits on eToro

Your withdrawal cap equals your account balance minus any margin you’re using. Margin is the portion of your funds tied up in open trades, so it reduces how much you can actually withdraw.

Profits are only available once they’re in your account balance, not while they’re still tied to an open position. That means if you’ve got profitable trades running, you’ll need to close them first.

Steps to Close a Position

1. Log into your eToro account.
2. Go to the Portfolio tab.
3. Pick the position you want to close and open its details.
4. Hit Close Trade.
5. Review the confirmation window.
6. Approve the closure.

Take note that closing a trade doesn’t lock in a win every time as market conditions can change quickly. In addition, leveraged trades may come with extra fees. So always factor in the risks of leverage before opening or closing positions.

Same-Day Withdrawals and Over-Withdrawal

Same-Day Withdrawals

Need quick access to your trading funds? eToro supports same-day withdrawals when moving money from your trading account into the eToro Money wallet.

That said, don’t be surprised if it occasionally takes until the next business day. Security checks or back-end processes can add a small delay.

Over-Withdrawal Scenarios

Try to pull out more money than you actually have in your account and the system won’t let it happen. Withdrawals are capped at your available balance, minus anything already tied up as margin on open trades.

If you go over that limit, the platform will reject the request automatically and throw up an error message. The quick fix? Always double-check your available balance before you hit withdraw.

Effect on Open Trades

Be careful here. If you attempt to withdraw money that’s already serving as margin, you could trigger the automatic closure of those trades. Margin is what keeps your open positions alive. Remove it, and you’ll fall short of the requirements. This forces the system to close them out.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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