Broker Withdrawal Fees Compared
Most leading investing platforms let you withdraw your money for free. Trading 212, XTB (above €100), Freetrade, InvestEngine, Revolut, Robinhood and Webull all offer free standard withdrawals; eToro is the main exception, charging $5 per withdrawal on USD accounts (free on GBP and EUR accounts). The fees that catch people out are not the withdrawals themselves but instant-withdrawal surcharges, outbound wires and account-transfer-out charges. Every figure below is taken from each broker's published fee schedule, verified June 2026.
Reviewed by Yaniv Barshaf · Fees verified June 2026 · Our methodology
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| Broker | Withdrawal fee | Notes |
|---|---|---|
| Trading 212 | Free | No fee on any withdrawal. |
| Freetrade | Free standard withdrawals; £5 for same-day withdrawal | Standard withdrawals free; £5 only if you want it same-day. |
| InvestEngine | Free — no withdrawal fee | No withdrawal fee at all. |
| Revolut | Free | Free to withdraw cash to your linked account. |
| Robinhood | Free (ACH); instant withdrawal 1.75%; account transfer out $100 | Free by ACH; the 1.75% is only for optional instant withdrawal, and $100 to transfer your account out. |
| Webull | Free (ACH); wires $25 to send; account transfer out $75 | Free by ACH; $25 only if you send an outbound wire, $75 to transfer the account out. |
| XTB | Free above €100 (some entities charge €10 below €100) | Free above €100; some entities charge €10 on withdrawals under €100. |
| eToro | $5 per withdrawal on USD accounts ($30 min); free on GBP/EUR accounts | $5 per withdrawal on USD accounts ($30 minimum withdrawal); GBP and EUR accounts pay nothing. |
Fee data verified June 2026 from each broker’s published schedule. Figures are estimates of published costs, not quotes — confirm current fees on the broker’s own site before opening an account.
Which brokers have no withdrawal fee
For a UK or EU investor, free withdrawals are now the norm rather than the exception. Trading 212, InvestEngine and Revolut charge nothing to take your money out, on any amount, by standard bank transfer. Freetrade is free for standard withdrawals and only charges £5 if you specifically request a same-day payout. XTB is free above €100, with some of its regulated entities applying a €10 charge on the rare small withdrawal below that threshold. In the US, Robinhood and Webull both offer free withdrawals by ACH bank transfer. So if avoiding withdrawal fees is your priority, the field is wide: the genuine flat per-withdrawal charge among mainstream platforms comes down to eToro, and even there it applies only to USD-denominated accounts.
eToro's $5 withdrawal fee explained
eToro is the notable outlier. On a USD-denominated account it charges a flat $5 per withdrawal, with a $30 minimum withdrawal amount. On a GBP or EUR account there is no withdrawal fee at all, which is how most UK and EU clients hold their account. The $5 is a fixed amount, so its impact depends entirely on how often you cash out: for an investor who withdraws once or twice a year it is trivial, but for someone taking money out monthly it adds up to $60 a year. If you use eToro and want to avoid the charge, hold your account in your local currency and batch your withdrawals rather than making many small ones. The fee is unrelated to how much you take out — $5 is charged whether you withdraw $100 or $10,000.
The fees that actually cost you: instant withdrawals and transfers out
The headline withdrawal fee is rarely where the real money goes. Two other charges matter more. First, instant-withdrawal surcharges: Robinhood charges 1.75% if you want funds moved instantly rather than waiting for the standard free ACH transfer, and Freetrade charges £5 for a same-day payout. On a £2,000 withdrawal, Robinhood's instant option would cost around £35 versus £0 for waiting a day or two. Second, and far larger, are account-transfer-out fees when you move your holdings to another broker: Robinhood charges $100 and Webull charges $75 to transfer your account out, while an outbound wire on Webull costs $25. These are not withdrawal fees in the everyday sense, but they are the charges most likely to sting, so factor them in before choosing a platform you might later leave.
How much withdrawal fees really cost over a year
Put the numbers in context. If you withdraw once a year, withdrawal fees are almost irrelevant: even eToro's $5 barely registers against a portfolio of any size. The picture changes for regular income-style withdrawals. Take an investor drawing money out monthly. On Trading 212, InvestEngine, Revolut, Robinhood (ACH) or Webull (ACH), that is £0 a year. On eToro's USD account it is 12 × $5, or roughly $60 a year. If that same investor insisted on instant payouts, Robinhood's 1.75% or Freetrade's £5 same-day charge would dwarf everything else. The lesson is simple: choose a broker with free standard withdrawals, hold your account in your own currency where the fee is currency-dependent, avoid paid instant-withdrawal options unless you genuinely need the speed, and never overlook the one-off transfer-out fee if you might switch platforms later.
How to avoid withdrawal fees entirely
Avoiding withdrawal fees is largely within your control. Pick a platform that offers free standard withdrawals — most in this comparison do. Where a fee depends on account currency, as with eToro, open and hold your account in GBP or EUR rather than USD so the charge never applies. Use standard bank transfer (ACH in the US) rather than paid instant or same-day options, and accept a one or two day wait to save the surcharge. Batch withdrawals into fewer, larger transactions rather than many small ones, which matters most where a flat per-withdrawal fee applies. Finally, if you are choosing a broker you may one day leave, weigh the transfer-out fee now: paying $75 or $100 to move your holdings can be the single biggest cost of switching, and it is easy to miss when you are focused on trading costs. Capital at risk.
Frequently Asked Questions
Do brokers charge to withdraw money?
Most leading platforms do not. Trading 212, Freetrade (standard), InvestEngine, Revolut, Robinhood (ACH) and Webull (ACH) all offer free withdrawals, and XTB is free above €100. eToro is the main exception, charging $5 per withdrawal on USD-denominated accounts, though GBP and EUR accounts are free.
How much is eToro's withdrawal fee?
eToro charges a flat $5 per withdrawal on USD accounts, with a $30 minimum withdrawal amount. On GBP or EUR accounts there is no withdrawal fee. The $5 is fixed regardless of how much you take out, so batching larger, less frequent withdrawals reduces its impact.
What is an account transfer-out fee?
It is a charge to move your investments to another broker rather than selling and withdrawing cash. Robinhood charges $100 and Webull charges $75 to transfer an account out. These are separate from ordinary withdrawal fees and are often the largest cost of switching platforms, so check them before you commit.
How can I avoid withdrawal fees?
Use a broker with free standard withdrawals, hold your account in your local currency where the fee is currency-dependent (as with eToro), and use standard bank transfer rather than paid instant or same-day options. Batching fewer, larger withdrawals also helps where a flat per-withdrawal fee applies.