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eToro Account: Things to Do Before Deleting It

For various reasons, you want to close/delete your eToro account. Before closing your account, we recommend that you do the following.

It saves you from problems you don’t anticipate.

Think carefully before deleting your eToro account.

Consider whether you need to close/delete your eToro account because the account that has been closed by your request cannot be reopened forever.

  • Once you manually close your eToro account, you will no longer be able to open it.

    Also, your account transaction history can’t be transferred to any of your new accounts.

  • Remember that each investor’s eToro account username is unique. You cannot reuse the username of a deleted eToro account.
  • If you want to use the email and phone number you used to sign up for your eToro account, you need to contact eToro support support because you can’t reuse them yourself.

Choose the right time and close all your open positions on eToro.

If you still want to close your account after careful consideration. The first thing you need to do is check your investment portfolio (if any). Then, close all open trading orders.

Avoid the case of still open orders that have already closed the account. Available orders are closed by eToro at the price you do not want.

Actively withdraw all funds in eToro before closing/deleting the account.

After closing all open trading orders, withdraw the full amount into your eToro account.

Close/delete your account only when you receive enough money from eToro in your bank account or e-wallet.

When you make a withdrawal from eToro, the withdrawal fee is 5 usd/time, regardless of how much you withdraw. Get free withdrawal fees if your account is platinum or higher.

Conclusion

Here are the things you need to do before closing your eToro account. Ensure that your orders are closed as you wish, free from eToro interference. Plus, you get your money fast and without any other hassle.

See the more detailed instructions on how to delete an account here.

With just a few taps, you can manually close your eToro account. Please feel free to contact customer support for detailed instructions if you have any issues with closing your account. We encourage you to use the live chat form to resolve the issue quickly.

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