Can You Transfer Money from eToro to Bank Account?

Written by Mike Druttman

Reviewed by Nick Zelver

Yes, you can transfer money from your eToro account to your bank account. This is done through eToro’s withdrawal process, which lets users withdraw available funds directly to a linked bank account or other supported payment methods.

Here’s how to do it:

1. Log in to your eToro account.
2. Go to the ‘Withdraw Funds’ section. You can find this option under the menu or your account dashboard.
3. Enter the amount you want to withdraw.
4. Choose your withdrawal method. If you’ve used a bank account to deposit before, you’ll usually see it listed. Otherwise, you may need to provide your bank details.
5. Submit your request.

Here are few more important notes:

• The minimum withdrawal amount is $30.
• A $5 withdrawal fee applies to every transaction.
• Withdrawals are processed in USD, so your bank may apply conversion fees if your account is in another currency.
• It can take up to 8 business days for the funds to reach your bank and this will depend on your bank and location. In my case, it usually takes around 3-5 business days.
• Once processed, the funds will appear in your bank account under the name of eToro or its payment processor.

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. 51% 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.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptoasset investing is highly volatile and unregulated in some EU countries. 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 hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.