I’m at the point where I need to pick a broker but one thing that keeps bugging me is whether I’ll have issues getting my money back. I’ve read stories about slow withdrawals and I want to know what actually happens when you request funds.
For me, the withdrawal speed matters because I like to keep most of my capital outside the broker and trade with a portion. If it takes weeks to get my money, that defeats the whole purpose.
I’ve seen people mention both AvaTrade and eToro but the timelines in reviews are pretty vague. Does anyone here actually track how long withdrawals take from each broker? Have you had to wait unexpectedly long or did it go smoothly?
Withdrawn from both multiple times. AvaTrade is consistently faster for me. Bank transfer usually shows up in 2-3 business days. eToro takes about 5-7 days for the same transfer method.
AvaTrade also processed my withdrawals on weekends which eToro didn’t. That made a difference when I needed access to capital.
The only time I had a delay on AvaTrade was when my bank flagged the incoming transfer, not a broker issue. eToro once held a withdrawal for verification for an extra day but that was a one-time thing.
If withdrawal speed matters to your strategy, AvaTrade wins this one pretty clearly.
Withdrawal speed depends on three layers: broker processing, payment method, and your bank.
AvaTrade typically processes within 24 hours for bank transfers and credit card reversals. eToro similar but slightly slower at 24-48 hours.
Once money leaves the broker, it’s your bank’s timeline. Bank transfers usually take 2-3 business days. Credit card refunds go faster depending on your card issuer.
Key difference I’ve seen: AvaTrade has less friction with account verification holds on withdrawals. eToro sometimes requires additional documentation. If you keep detailed transaction records and settle your tax situation clearly, both work fine. Size your withdrawal requests reasonably and avoid withdrawing immediately after deposit.
I’ve withdrawn from eToro three times and it’s been smooth. Takes about a week total but nothing unexpected. Never had the broker hold my request for extra verification.
I haven’t used AvaTrade for withdrawals yet so I can’t compare directly. The speed difference between them is probably smaller than people think. Just make sure your account is fully verified before you need the money urgently.
AvaTrade seems faster on withdrawals. Both are decent but AvaTrade is more reliable.