For those who have been trading with Etoro, how long do your withdrawals take? Is it more than 1 week or just a few days?
How long does etoro withdrawal take?
Based on my experience, it usually takes around 2 working days to get a confirmation. Take note that this for processing the request. If you're asking about the actual time it takes to get the money credited into your bank account or payment method, that's a different thing. It usually takes up to 2 working days for payment methods like Paypal, Skrill, Neteller, Ideal and Trustly. It may take up to 10 working days if via credit card or bank transfer. The fastest one is via eToro Money since this wallet app seamlessly connects with your existing eToro trading account so you get the funds in an instant. So to make it clear, that's processing time + time it takes to receive the funds.
5 days later
1-2 business days to approve the withdrawal + 2 days to see the funds credited on my Paypal account. Be sure that you have fully verified your account and you have your proper identification in case they will request your proof of identity.
Their withdrawal processing time for most of the payment methods that they support are actually quite fast as compared to other brokers I've tested. But if you really want quick withdrawals, then you should use the eToro Money e-money app. This one takes just a few seconds since it's linked to the trading account.