How to sell investments on eToro

Do you have investments on the eToro platform? Whether you’re ready to take profits, want to rebalance your portfolio or simply cash out, it’s a good idea to brush up on how you sell your investments.

That’s where our essential guide to selling investments on eToro in the UK comes in. Read on for a step-by-step look at how to close positions, withdraw funds, understand fees and manage tax implications.

Plus, we’ll cover how long it takes to receive your money and whether you can withdraw funds to a Wise account.

➡️ Learn more about the Wise account

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may be subject to future change. The content of this article is provided for informational purposes only and is not intended to be, nor does it constitute, any form of personal advice.

Investments in a currency other than GBP are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in GBP terms. You could lose money in GBP even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

Understanding eToro

eToro is a global multi-asset investment platform that offers users access to shares, EFTs, cryptocurrencies, commodities, indices and forex trading.¹

It was founded in 2007², and is particularly known for its social trading features including CopyTrader, which allows users to automatically replicate the trades of experienced traders².

UK customers trade through eToro UK Ltd, which is regulated by the Financial Conduct Authority (FCA).³ Investments can be made via desktop or mobile app and there’s no minimum investment requirement to open an account.

📚 eToro review: features and fees

What is eToro and how does it manage investments?

Unlike traditional investment platforms, eToro doesn’t operate like a fund manager or discretionary investment service. Instead, you control your own trades.

You can:

• Buy and sell individual stocks and ETFs
• Copy other traders using CopyTrader
• Invest in Smart Portfolios (themed investment baskets managed by eToro)

When you invest, you open positions. These stay open until you manually close them. Therefore, selling an investment on eToro simply means closing an open position.

Reasons to sell investments

There are many reasons you might want to sell investments on eToro including:

• Reaching an investment goal (such as saving for a property or reaching retirement)
• Taking profits after strong performance
• Cutting losses on poorly performing assets
• Rebalancing your portfolio - using the money from the sale of one investment to fund others, to diversify your portfolio and reduce risk
• Reducing exposure to market volatility
• Withdrawing funds for personal use.

📚 How to sell shares

How to sell investments on eToro: Step-by-step guide

Selling investments on eToro takes place online and is relatively straightforward. Here’s how to do it in a few steps:

Step 1: Log in to your eToro account

Log in at etoro.com or via the eToro mobile app using your email address and password, along with two-factor authentication if enabled.

Step 2: Go to your portfolio

Click ‘Portfolio’ in the main navigation menu to see all of your open positions.

Step 3: Select the asset you want to sell

Find the position you wish to close and click on it. This will open the trade details panel.

Step 4: Click “Close Trade”

Select ‘Close Trade’ to sell your investment. You’ll see the current market price and your profit or loss if you decide to proceed with the transaction.

Step 5: Confirm the sale

Review the figures carefully, then click ‘Close Trade’ again to confirm. The position will be sold at the current market price. Once done, this action can’t be reversed.

Once confirmed, the funds will appear as an available balance in your eToro account.

Receiving your money from eToro

Once you have closed your trades, your funds will remain as a cash balance inside your eToro account until you request a withdrawal. To do this:

1. Click Withdraw Funds from the main menu
2. Enter the amount
3. Select your withdrawal method
4. Confirm your request.

How long will it take?

eToro says that withdrawals depend on your payment method:⁴

• UK bank transfer: Up to 5 business days
• Debit/credit card: Up to 5 business days
• PayPal and e-wallets: Up to 2 business days

eToro fees and charges

Whatever investment platform you use, understanding its fees is important, especially when selling investments and withdrawing funds.

When using the eToro platform, withdrawal requests are subject to a withdrawal processing fee. The actual amount can be seen in the Cashier after you’ve entered the withdrawal amount and at this point you can still stop the request.

Remember, eToro typically works in dollars so any withdrawals sent in currencies other than USD are subject to conversion fees.

Here are the main eToro fees and charges you need to know about:⁵

Type	Fee
Account opening	Free
Management	Free
Withdrawal	Free or $5
Minimum withdrawal	$30
Inactivity fee	$10 per month after 12 months inactivity

Moving cash to your account

Unlike many UK investment platforms, eToro operates primarily in US dollars (USD).

This means your funds are converted into USD when deposited and withdrawals will be converted back into GBP. As a result, foreign exchange fees are likely to apply, depending on your funding and withdrawal method.

This, therefore, needs to be factored into your overall investment strategy.

Can you receive your money into your Wise account?

Yes, you can withdraw funds from your eToro account into your Wise account - and there are some very good reasons to do so. Namely, it can be a smart way to reduce foreign exchange costs.

With Wise, you can get local account details so you can receive multiple currencies. All you need to do is enter these account details when setting up your nominated account on eToro.

This is particularly useful if you’re investing in international assets, as it means that you can receive money directly in that currency without the platform or your bank carrying out a currency conversion and charging you a foreign exchange fee.

You can use Wise to convert the currency instead, as it always gives you the mid-market exchange rate (with no mark-ups like some banks) and low, transparent fees*.

It’s important to remember that you may not be able to avoid the FX fee on eToro as it’s charged when you sell the investment, rather than when you withdraw the money from your account.

But you can still add Wise GBP account details and use this as your nominated account for withdrawals. The funds will then be ready to convert into other currencies (for low fees and great FX rates), which could be handy if you plan to make other international investments.

Since eToro processes withdrawals in USD, using Wise often results in lower overall conversion costs, especially for frequent traders or large withdrawals.

Other important factors to consider

There are a few other factors to consider when selling investments, such as tax implications and platform restrictions.

Tax implications

Whenever you sell investments and make a profit, you may have to pay UK Capital Gains Tax (CGT).⁶

For the 2025/26 tax year:

• The CGT annual allowance is £3,000
• Gains above this may be taxable

CGT doesn’t affect investments and money held in ISAs, as these are protected by a tax-free wrapper. But, eToro does not offer ISA accounts, so all profits are taxable.

What’s more, if you trade frequently or use CFDs, income tax may apply instead of CGT. Remember, you’re also responsible for calculating and reporting gains to HMRC.

📚 How tax on shares transferred overseas works

Dealing with restrictions

Some investment platforms have restrictions which may affect how and when you can sell investments.

For example:

• Markets must be open for immediate execution
• Cryptocurrency markets operate 24/7
• Some assets may experience low liquidity outside peak trading hours
• Withdrawals can only be made to an account in your own name.

Timing and strategy considerations when selling

When selling investments on any platform, timing and strategy can play an important role. This is because market conditions and company announcements can all influence asset prices. Not to mention, global affairs and economic news.

Selling during periods of high volatility can result in receiving a lower price than expected, so it can be worth monitoring price trends and trading volumes before closing a position.

It’s also important to consider your long-term investment goals. While short-term market movements can be tempting to react to, selling too quickly can prevent you from benefiting from future growth. On the other hand, holding onto underperforming assets for too long can tie up capital that could be used more productively elsewhere.

This is why having a clear exit strategy before you invest, such as setting profit targets or stop-loss levels, can help remove emotion from the decision-making process and lead to more disciplined trading.

Save money when selling investments with Wise

After reading this, you should have a better idea of how to sell investments and withdraw money on eToro.

In short, selling investments on eToro is fast and fully digital. But fees, especially FX charges, can quickly add up. That’s where Wise comes in as your nominated account. In doing so, you get:

• Mid-market exchange rates
• Low, transparent fees*
• Multi-currency account functionality.

This makes Wise an excellent companion account for eToro traders, particularly if you invest internationally or trade in multiple currencies.

Looking for an alternative way to help grow your income? Check out Wise Interest.

Simply open a Wise account online and switch on Interest to help earn returns - while still having easy access to your money.

Investments can fluctuate, and your capital is at risk. Interest is offered by Wise Assets UK Ltd, a subsidiary of Wise Payments Ltd. Wise Assets UK Ltd is authorised and regulated by the Financial Conduct Authority with registration number 839689. When facilitating access to Wise investment products, Wise Payments Ltd acts as an Introducer Appointed Representative of Wise Assets UK Ltd. Please be aware that we do not offer investment advice, and you may be liable for taxes on any earnings. If you're uncertain, we urge you to seek professional advice. To find out more about the Funds, visit our website.

What’s more, you can use your Wise account to manage your money in 40+ currencies and send worldwide transfers with low fees* and at the mid-market exchange rate with no mark-ups.

🌍 Open your Wise account

Additional FAQs on selling shares with eToro

Why is there no 'Sell' button on my eToro position?

There’s no ‘Sell’ button on your eToro position because the market may be closed, the trade could be part of CopyTrader or a Smart Portfolio, the order might still be pending or the asset could be temporarily halted. In most cases, the button will appear once the market opens or the position becomes active.

Can I withdraw my money from eToro immediately after selling?

Yes, you can usually withdraw your money from eToro immediately after selling, but only once the trade has fully closed and the funds show as available balance in your account. In some cases, it can take a short time for the sale to settle before the funds become withdrawable.

---

Sources used:

1. eToro - eToro trading markets
2. eToro - about eToro
3. FCA - FCA register
4. eToro - withdrawal timeline
5. eToro - eToro fees
6. Gov.UK - tax responsibilities

Sources last checked on date: 11-Feb-2026