How long does it take to withdraw funds on eToro?

Asked 4 years ago

Is the transaction time affected by the amount requested at all? Is there anything I can do to make the process faster? Also, I've been primarily using eToro for trading. But I also want to start making long-term investments. Can I invest using this broker or should I find another brokerage platform?

Etoro Brokerage account Money withdrawal Long-term investments

Andia Rispah Igobwa

Thursday, August 12, 2021

As per their terms and conditions, all eToro withdrawals may take up to 1 business day to be processed, provided they have received all the necessary documentation to process the withdrawal. However, note that it may take 3-8 business days before the funds appear in your account.
The eToro platform is not an exchange or a market. It means that you can buy and sell stocks within the investment platform, but it's impossible to transfer open positions out of your account to another broker or person.