What happens to my investments when I close my eToro account?

You must close all open positions and withdraw your funds before closing your eToro account. eToro doesn't transfer positions to another broker.

Are there any fees for closing my eToro account?

eToro charges a $5 withdrawal fee per transaction. There's no separate account closure fee, but you should factor in withdrawal fees when clearing your balance.

How long does it take to close an eToro account?

Once you submit the closure request, the process typically takes 5–10 business days. Withdrawal of funds may take an additional 1–8 business days depending on your payment method.

How to Cancel eToro

from $0.00/month

Easy

Estimated Time:10 minutes

Cancel Method:Website

Log in to eToro

Go to etoro.com and log in to your account.

Open Profile Settings

Click your profile icon in the top-right corner and select 'Settings'.

Withdraw Your Funds

Before closing, make sure to withdraw all your funds. Go to 'Withdraw Funds' and transfer your balance to your bank account.

Close All Positions

Close any open trades or copy-trading positions from your portfolio.

Request Account Closure

Navigate to 'Settings' → 'Close Account' and follow the on-screen prompts to confirm account closure.

Retention Tips

Before closing your account, consider that eToro doesn't charge a monthly subscription fee — you only pay a $5 withdrawal fee per transaction. If you're stepping away from trading, you can simply leave your portfolio open with no ongoing costs. You can also use eToro's CopyTrader feature to passively mirror top investors without active management. Would you like to explore those options instead of closing your account?