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How long will my withdrawal take?

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User is offline   xysoom 

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How long will my withdrawal take?



Withdrawn funds usually clear within a few business days. You can check the status of your funds on your withdrawal dashboard. For eToro users in the USA, some withdrawals might take up to 7 business days to appear in your bank account, depending on your bank and payment method. If your funds don’t appear within that time, check here for more details.To get more news about eToro Fund Withdrawal, you can visit wikifx.com official website.

Whether you are using an online broker for short-term trading or for longer-term investments, there will come a point when you may want to enjoy the fruits of your trading activity if you've been making profitable transactions, or you just need access to your funds for any reason. To do that, first you have to withdraw money from your broker account.
That doesn't sound very complicated, but brokers differ considerably in what withdrawal options they offer (such as bank transfer or credit/debit cards), as well as in the speed and convenience of withdrawal. And while withdrawal at many brokers is free in most cases, some brokers and some types of withdrawals may involve a fee.

So how does eToro fare in this regard? Before we dive into the details, let us show you at a glance how you can withdraw money from eToro and how eToro's withdrawal fees and options compare to some of its close competitors.
Withdrawal via bank transfer is by far the most common option. It is available at basically all brokers, and eToro is no exception.

In addition to bank transfer, eToro also allows you to withdraw funds to a debit or credit card. Many brokers don't offer this option, so this is a definite plus for eToro.

You can also withdraw money to electronic wallets. This is a nice feature that isn't available at all brokers. At eToro, you can withdraw money to the following electronic wallets: PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL.

Speed also matters. Unlike some deposit options, withdrawal is rarely instant. It usually takes at least 1 business day, but often several business days for your money to arrive.

We tested withdrawal at eToro and it took us 2 business days, which is considered fairly average.
While depositing money to a brokerage account is free in most cases, this is not necessarily always true for withdrawals. International bank transfers and wire transfers in particular can sometimes incur high fees, so always check carefully if this is something that would apply to your transactions.

Unfortunately, eToro has no free withdrawal options. See the table below for details, and also how eToro's fees compare with some of its immediate competitors.
eToro has multiple withdrawal options, though unfortunately none of them are free. This is a disadvantage, especially if you want to withdraw smaller amounts frequently.

To see how eToro's withdrawal fees and options stack up against the rest of the brokerage market, check out our broker comparison tool.
Risk disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Disclaimer: 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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