How to close an eToro account
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Since you are not trading or vice versa, eToro does not offer the instruments you expect as a trader. You want to close your eToro account. Just follow the simple steps below to close your account.
What happens when eToro closes your account?
Once your account is closed by eToro, you can never reopen it again. Please consider carefully and make sure that you have closed all your open positions, withdraw all your money before closing your account.
However, you can always create a new one using a new username and email address. eToro allows you to own more than one account.
How to automatically close an eToro account
Previously, closing your eToro account could only be done by contacting their customer support, but now the whole process is fully automated.
To close your account, please follow these simple steps:
- Log in to your eToro account, go to the “Settings” tab in the lower-left corner, and click on it.
- Click the “Account.“
- You’ll see the option to delete your account, “Close your eToro account,” then click on it.
- A popup will show asking you to explain why you want to delete your account. Choose whatever the reason pushed you to delete it.
- At this point, eToro will try to give you one last chance to change your mind, but if you’ve already made up your mind, proceed by clicking “Submit.”
How to close an eToro account via the support team
If you cannot close your account automatically, you can contact eToro support to request it. eToro support will receive and process the request
You need to open a support ticket with options like the image below.
See more how to open a support ticket here.
Above is how you close your eToro account automatically and quickly. eToro takes three days to close your account, which is a pretty short period compared to other competitors. Remember that the account is closed; you will never be able to reopen it.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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