Can I Withdraw Money from eToro Without Verification?

Written by Nadav Zelver

Reviewed by Wikitoro Team

No, you can’t touch your funds until your account is fully verified. That means uploading proper ID (passport or driver’s license) and a proof of address (bank statement, utility bill, etc.). Only after you see that green checkmark on your profile can you submit a withdrawal request.

No verification? No withdrawal. Even if you just deposited the money, it’s staying put until eToro clears your account.

Why eToro asks for verification

This is a compliance measure that's designed to prevent fraud, money laundering, and all the other prohibited activities that regulators worry about.

eToro, like other licensed platforms, has to follow strict KYC (Know Your Customer) rules. That includes holding funds indefinitely if the account isn’t verified.

What happens if you skip verification?

Let’s say you made a deposit and never finished verification.

What now?

Chances are your account gets frozen or flagged. You’ll probably need to open a support ticket, submit your deposit proof, and wait. In some cases, it takes a few weeks for the funds to get returned to your original payment method. It’s not instant and it’s not guaranteed to be smooth.

How withdrawals work once verified

If your account is verified, here’s how the process runs:

• Processing time: eToro usually takes about 2 business days to handle the request
• Transfer time: Add another 1–7 days depending on your method (bank, card, etc.)
• Minimum withdrawal: Usually $30 or even $2 in some regions.
• Fees: Expect a $5 withdrawal fee

To get access, follow these steps:

1. Upload a valid government-issued ID and proof of address
2. Wait for verification and that green checkmark
3. Submit your withdrawal request

That’s it. No shortcut and no other workaround.

I’ve personally tried to withdraw before completing the process and guess what? No luck. Until your account is verified, your funds stay locked. Sometimes for weeks. In some cases, the only way out is support-assisted closure and a refund.

Get verified first. It’s the only way your money moves.

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

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