eToro redesigns Self Service Withdraw
Online broker eToro continues to enhance its services. Today, the broker introduces its Self Service Withdraw redesign.
For starters, there are Display changes. You’ll see the funds that you want to withdraw much bigger in the center of the screen. Also, the equivalent equity percentage will be shown right beneath it. An estimate of the fees that will be charged will be displayed in advance.
How it’s calculated? The calculation is dynamic and will display the following categories:
- Total Balance: Total funds in your free balance including real funds and eToro Credits. These funds are available for opening new trades and Copy.
- Non-Settled funds: Real Funds in your free balance (not invested funds). These funds are available for withdrawal, and the minimum withdrawal amount is $30.
- eToro Credits Equity: This number represents the total worth of your eToro credits, including invested and non-invested credits + unrealized Profit/Loss (your Profit/Loss on open positions).
- Withdrawable balance: The amount of money that can be withdrawn to your bank account from your eToro trading account.
The system will automatically recommend a default payment option, based on your payment history The broker has also included an estimated timeframe for your funds to reach you. If supported, you’ll be able to select your preferred currency and your net (converted) amount will be displayed (non-USD withdrawals). Estimated Conversion Rate will be displayed (non-USD withdrawals).
Note that you can change the destination payment method. You can also remove payment methods that are no longer in use. Add a New Payment Method to request a new withdrawal destination.
Finally, eToro has redesigned the alternative payment method forms for Wire transfers and PayPal.