Does It Cost Money to Withdraw from eToro?
- Withdraw anytime even on weekends
- $5 fixed fee for every withdrawal request
- $30 minimum withdrawal amount
- Processing time typically within 1 working day
61% of retail investor accounts lose money
Yes, withdrawing funds from eToro incurs a flat fee of $5 per transaction. This fee applies regardless of the withdrawal amount and is designed to cover the costs associated with processing international money transfers.
For US residents (clients of eToro USA LLC), there are no withdrawal fees charged by eToro. However, it's important to note that while eToro doesn't impose a fee, your bank might charge a fee for receiving the funds, depending on your payment method.
eToro sets a minimum withdrawal amount of $30. Withdrawals below this threshold are not allowed.
For further verification
Take note that these policies might change so I strongly recommend that you check with your specific eToro entity (e.g., eToro USA) and your bank to understand if any additional fees may apply.
About Mike Druttman
